The Market Leading Oklahoma Hard Money Lenders since 1998 for Real Estate Investors

The Leading Oklahoma Hard Money Lenders-making Investment Property loans since 1998.


Fix and Flip, Rental and Construction loans from Oklahoma Hard Money Lenders

American Association of private lenders member
Jacksonville fix and flip loans - Hard Money Lenders Jacksonville FL

Fix and Flip Loans in Oklahoma

Jacksonville New Construction Loans - Hard Money Lenders Jacksonville FL

New Construction Loans in Oklahoma

DSCR Rental Loans in Oklahoma

5+ unit Multi Family Loans in Oklahoma

What types of loans do Oklahoma Hard Money Lenders make?

If you’re a real estate investor looking for loans Oklahoma, then look for Oklahoma hard money lenders, like LLC that can provide you with various types of loans tailored to your needs.

Here are some of the most common loan programs they offer:

1. Fix-and-Flip Loans: These loans are designed for investors who purchase distressed properties, renovate them, and sell them for a profit. Quick approval and funding allow investors to seize opportunities.

2. Bridge Loans: These are short-term loans that bridge the gap between property acquisitions or refinancing. They are applicable when timing is critical, such as buying before selling another property.

3. Rental Loans: These loans are for acquiring and rehabilitating rental properties. Investors can stabilize the property and generate rental income.

4. New Construction Loans: These loans are for ground-up construction or significant renovations. Lenders release funds in stages as the project progresses.

Oklahoma Hard Money Lenders Guidelines

When dealing with Oklahoma Hard Money Lenders, it’s important to understand their guidelines and how they operate. Here are some key points:

1. Flexible Underwriting: Hard money lenders have unparalleled flexibility in their requirements. They focus on the property value, borrower’s experience, credit, and property location.

2. Property-Centric Approach: Hard money loans are given based on the collateral’s value (the property) and the borrower’s experience. Individual credit scores matter less in this context unless it is a rental property loan.

3. Quick Approval and Funding: Hard money lenders prioritize speed. Investors can access capital swiftly for real estate projects.

4. Interest Rates and Terms: Interest rates vary but tend to be higher than traditional mortgages. Loan terms typically range from 12 months to 30 years for rental loans.

What are typical Loan to Values (LTV’s) for Oklahoma Hard Money Loans? 

Oklahoma Hard money lenders offer varying loan-to-value (LTV) ratios based on the property type, borrower’s experience, and the specific lender. Here are some insights:

1. Average LTV Range: The average LTV for hard money loans in Jacksonville is around 69%. However, individual lenders may have different thresholds.

2. Property-Centric Approach: Hard money lenders prioritize the property’s valuation, property location, and borrower experience. They assess the collateral’s worth to determine the loan amount.

3. Customized LTVs: LTV ratios can vary based on the property type. Residential properties typically have LTVs ranging from 60% to 80%, while commercial properties may have LTVs ranging from 50% to 70%. Fix-and-Flip Loans can have LTVs ranging from 70% to 90% of the purchase price plus renovation costs.

4. Experience Matters: Experienced investors may negotiate higher LTVs based on their track record, while new investors might face stricter limits.

5. Risk Assessment: Lenders evaluate the property’s condition, location, and potential appreciation. A riskier property may result in a lower LTV.