
Google’s #1 Reviewed and Rated Hard Money Lender
Google’s #1 Reviewed and Rated Hard Money Lender
Rates starting at 7.99%, up to 70% LTV and 1.75 lender points with no prepayment penalties.
We are proud to be a Better Business Bureau “A+” rated Accredited Business since 2010.
We are a premier 5-star rated lender on Google and Yelp for a reason. We deliver as promised.
Poor credit, bankruptcy, foreclosure, self-employed or foreign national? No problem.
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600 West Broadway Suite 700, San Diego
4.9 281 reviews
“The staff at Source Capital has helped me create new income streams. They are consistent, direct and deliver every time.”
“As a lender myself, working with Source Capital shows that there are still a lot of good people in our industry, and we will definitely be in connection to do future business together. Job well done.”
“We were very pleased with the service we received from Source Capital. Communication was clear and responsive, funding was quick, and terms were as agreed and proposed.”
“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”
“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”
“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game”
“In all my years, I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!”
“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”
“I have never dealt with a hard money lender before but I can tell you my experience with Source Capital was very positive. I highly recommend”
“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”
“They are always so patient, helpful, and professional. and have helped me so much! This can be such a stressful process, but they make it all so easy.”
“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”
“Highly recommend Source Capital Funding if you need money fast and you value efficiency. I will go back to them again if I need funding in the future. “
When it comes to quality of life, there’s simply no beating the bliss of Minnesota. Ranking among the top five happiest states in the U.S., there’s a good reason why so many are settling down in The North Star State. And with a growing population of people looking to set down roots in Minnesota, there’s no better time to chase your real estate business dream.
With the help of professional investors at Source Capital, you can gain access to the funding you need to make commercial or residential real estate enterprises a lucrative reality. As Minnesota’s finest hard money lender and with a precise understanding of the fast pace of the real estate industry, Source Capital’s primed and perfected hard money loan application and approval structure is a leading option for real estate entrepreneurs.
Since 2007, we’ve secured over $400 million in loans— funding hundreds of real estate projects from Minneapolis to Duluth, to Rochester and beyond. Count on Source Capital as your go-to financier for your next Minnesota real estate venture.
Have a specific question in mind? Use the links below to find your answer:
Conventional loans from traditional banks, credit unions, and other financial institutions don’t account for the quick pace of the real estate industry quite like Source Capital’s Minnesota hard money loans do. The real estate market changes at the drop of a dime, which means time is always of the essence when putting in a bid for the property of your dreams.
Conventional lenders drag applicants through lengthy applications and rigorous background checks, that ultimately enforce long wait times that add hours, days, and weeks to an already drawn-out process. Once you finally hear back about approval, it could take several additional weeks to see those funds wired into your account. By the time a conventional lender has sorted through your credit score, income history, and past foreclosures, the property of your dreams has been long sold.
To expedite an otherwise sluggish process, Source Capital simplifies the application process for rapid approval. Eliminating the conventional paperwork process altogether, our hard money lenders in Minnesota streamline everything into a straightforward online operation that gets you the money you need to secure the final bid on the property you love. Whether you need a hard money loan in Rochester or a hard money loan in St. Paul, Source Capital covers you better than any traditional loan can.
When you work with Source Capital, our equity-based approval process makes approval a breeze—even for those with low credit, previous bankruptcies, or past foreclosures. If you’re looking to invest in real estate with a troubled financial history, a hard money loan looks past your roadblocks and capitalizes on your future potential.
To get approved for a hard money loan in Minnesota, simply follow these steps:
Hard money loans can be issued for a variety of both residential and commercial properties in Minnesota.
Within these property types, our team of expert lenders can help provide the funds you need to purchase or refinance a family home or condominium. For fix-and-flippers, we can also provide up to $20,000 in funding for rehabs, remodels, or buy and holds.
And when it comes to commercial hard money loans in Minnesota, we offer funding for up to $5,000,000 for a wide variety of property types, including:
According to Minnesota law (Minnesota statutes, Consumer Protection section 334.01), the maximum interest rate allowed on any type of loan is capped at 8%. Should there be an agreement for a higher rate, both parties must agree via a written contract.
Absolutely, you can get a hard money loan in Minnesota with low credit. In fact, Minnesota is the perfect place to find up-and-coming properties that are well worth your investment. When you work with hard money lenders, you don’t have to deal with rejection due to your credit score being too low. At Source Capital, we don’t care whether you have a sparkling or imperfect past.
As an asset-based lender, we’re more focused on your property’s potential value rather than individual borrower credit history. Whether you’re looking for a residential property in Bloomington, commercial property in Maple Grove, or a multi-family unit in Mankato, a hard money loan is precisely designed to bring your vision to fruition.
Minnesota’s real estate market is becoming more and more competitive, and with a bursting housing market, time is of the essence. When the clock is constantly ticking, you need to act fast. When you choose Source Capital, you can rest assured knowing your dreams will never be put on pause. Our team of seasoned professionals will work hard to get you the funding you need to get your next real estate venture off the ground.
We lend throughout Arizona, California, and Minnesota. Please contact us to discuss your scenario and speak directly to a decision maker.