Hard Money Lenders in Rhode Island – #1 Lenders in Providence
As the market leading Hard Money Lenders in Rhode Island, we lend to rehabbers, builders and investors throughout the state. The table below shows the programs we offer in Rhode Island.
|Rehab ARV loans||Commercial Hard Money||Construction loans||Cash out refinances on investment properties||Purchase Money with no rehab needed||Same day transactional funding||30 Year Landlord Loans|
|Available in my state||YES||YES||YES||YES||YES||YES||YES|
|Loan to Value||up to 70% ARV||up to 65%||up to 70% of completed value||50-65%||up to 75% of purchase price||100% for same day flips||Up to 75%|
|Rate||From 9.99%||10-12%||From 9.99%||From 7%||From 7%||3%||From 8%|
|Origination Fee||3-5 points depending on experience (minimum origination on loans under 100k)||3+ points||3-5 points depending on experience (minimum origination on loans under 100k)||TBD||TBD||n/a||4% or $5500 whichever is greater|
|Loan Term||13 months||12 months||13 months||2 years with option for 3rd||2 years with option for 3rd||same day transaction||30 year fixed|
NLD Settlement Corp is the authentic hard money loan lenders in RI and we can lend you money for low or no credit scores and conditions against which a traditional bank will never allow. We will not look at your income; we just believe in providing quick money to people in urgent need. As rehab hard money lenders in RI we also help to real estate investor?s investors looking to acquire new properties whether it is residential property or commercial one. We are 100% asset based commercial hard money lender in RI for commercial properties. For residential properties we only finance non-owner occupied properties. We do not finance for owner occupied primary residences.
We are the leaders for hard money loans in RI let us show you why!