Missouri Hard Money Lenders
Need a hard money loan secured by real estate in Missouri? This page has a list of direct hard money lenders that offer quick funding for a Missouri property purchase, refinance, fix & flip, rehab & rent, ground-up construction, and equity cash out in 1st lien position. Hard Money lending is only for investment properties, not for homesteads. The loans are mainly based on equity in the subject property. For most lenders, the maximum LTV is typically 70% for a purchase and 65% for an equity cash out loan. Scroll to see the list of lenders.Searching...
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Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Rain City Capital
Quick, Simple, Reliable Direct Lender for Real Estate Investors
Arch Loans
Low and High Leverage Options, up to 90% of purchase price for fix & flip
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Nationwide Mortgage
Outstanding Service for Investment Property Bridge, Rehab, Rental, and Construction Loans
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Minnow Loan
Your Deal. Our Money.
Pimlico Capital
Direct Lender for Real Estate Investors | Established in 2016
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
KECO Capital, LLC
Funding for Investors By Investors
Missouri Hard Money Interest Rates
According to the hard money loan documents software company, Lightning Docs, the average interest rate for Missouri hard money loans in the 1st quarter of 2024 was 11.84%. The average loan amount was $161,928. These stats are the average of 54 short-term loans (including bridge, rehab, and ground-up construction) funded for properties in Missouri between January 1, 2024 and March 31, 2024 by multiple hard money lenders that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for Missouri hard money loans in the 1st quarter of 2024 was 11.74%. Lenders charged an average of 2.4% points (origination fee). The average LTV (loan-to-value) for hard money loans in Missouri was 61%, and the average loan amount was $451,220. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many hard money lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Local Missouri Hard Money Lenders
At this time, we have one hard money lender on our platform that is based in Missouri…
Minnow Loan is an asset-based direct lender focused on lending throughout Missouri – St. Louis, Jefferson City, Columbia, Kansas City, Springfield, etc. They offer various types of hard money loans: bridge loans, rehab, fix and flip, ground-up construction, and transactional (same-day close). They are not too concerned about credit scores and don’t require a formal appraisal for most deals.
Top 10 Missouri Hard Money Lenders
According to Forecasa™, here are the Top 10 Bridge Lenders ranked by the number of loans originated in Missouri the last 12 months from March 2024.
- Kiavi
- Endeavor Capital LLC
- RCN Capital LLC
- Cherokee Investment Company
- Longhorn Investments
- ROC Capital
- 3 Arrows Lending LLC
- North Oak Investment LLC
- Anchor Loans
- Sherman Bridge
Forecasa™ provides analytics data for Missouri hard money lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.
Select a Metro Area
Kansas City and St. Louis are the two main metropolitan areas in Missouri. The list of lenders for these two metros are the same as the entire state. We haven’t found that any lenders will consider one versus the other.
Funded Hard Money Loans in Missouri
Minnow Loan, a hard money lender based in Missouri, funded a $896,615 1st lien position purchase and rehab loan for multifamily property in Chesterfield, MO. We funded 72% of the $646,615 purchase price, while the Borrower contributed 30% cash at closing. The renovation budget was $250,000. The after-repair value was estimated at $1,500,000 so our loan-to-after-repair value was 60%. This loan was funded for a repeat Borrower on a multifamily property that needed some light rehab in order to re-tenant and achieve the maximum rental rates. We worked under a tight funding deadline and hit all of our dates for the investor so he could close this deal. He had good credit and plans to refinance into a permanent loan as an exit strategy. The interest rate was 11.75% and we charged 2% origination points. The loan term was set at 18 months. This hard money loan was funded in December 2023.