Google 5-Star Rated Direct Hard Money Lender
Hard Money Lender St. Paul, MN
Fixed Rates from 8.99%
No Prepayment Penalties, No Junk Fees
Lender Fees from 1.75 Points
Loans up to 65% LTV and 3 Year Terms
Poor Credit, Past Bankruptcy and Foreclosure, Foreign Nationals – OK
Pre-Approvals within 24 hours, Funding in Days
Direct Lender with Over $400M in Loans Funded
Fast Streamlined Process to Save You Time and Money
BBB A+ Rated, 5 star Google & Yelp Reviewed Lender
Call us now at 323.352.9292 and speak directly to a decision maker. If you want us to contact you, please complete the form on this page.
Google 5-Star Rated Direct Hard Money Lender
Recently Funded Minnesota Transactions
“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. “
Hard Money Lenders in St. Paul
Are you contemplating a real estate investment in Minnesota? If so, consider the benefits you stand to gain by financing your property working with hard money lenders in St. Paul. Source Capital provides top-quality hard money lending that goes beyond what traditional lenders can offer. As a direct money lender, we independently process, underwrite, and fund every loan that comes through our office. We spare you the hassle of paperwork, and save you time and money through our streamlined process – resulting in faster financing for your real estate venture. Learn how St. Paul money lending can solve your funding needs and the ways in which Source Capital can help you reach your real estate goals.
What Do Hard Money Lenders in St. Paul Do?
Hard money lending offers an alternative and convenient method for financing properties with greater flexibility. Conventional lenders, such as banks and credit unions, require a lengthy qualification process with confusing terms and conditions. Their interest rates can be unstable, and the lifetime of the loan can span decades. More and more investors in Minnesota are instead opting to secure financing from St. Paul hard money lenders, in a situation where a borrower receives funds secured by equity in real estate. St. Paul hard money lenders provide a variety of loans, including:
- Fix and Flip Loans
- Bridge Loans
- Residential Rehab Loans
- Commercial Rehab Loans
What are the Benefits to Working with Hard Money Lenders in St. Paul?
Thousands of our clients have benefited greatly from Source Capital’s approach to financing with private capital, because it allows us to deliver speedy transactions with no red tape. As a direct lender, we focus on real estate equity instead of borrower credit or financial history. For borrowers, investors, or brokers choosing to work with hard money lenders in St. Paul, this means no minimum income requirement, no minimum FICO score, and no discrimination based on previous foreclosure or bankruptcy. Easy qualifications make hard money loans an extremely popular choice for self-employed individuals, foreign nationals, and borrowers with poor credit or a history of financial hardship. If you’ve been denied a real estate loan in the past, we can help. Source Capital prides itself on assisting with funding where others won’t. Minnesota investors and real estate flippers also prefer to work with St. Paul hard money lenders due to the speed in which funds are received. Whereas traditional lenders can take weeks to allocate and disburse the funds, our direct access to capital typically allows us to approve loans in 24 hours and fund the loan through escrow within seven days from initial contact. As a St. Paul hard money lender, we offer a variety of benefits through our loans, including:
- Low, fixed interest rates starting at 8.99%
- No prepayment penalties or hidden fees
- Lender fees from 1.75 points
- Loan to Value up to 65%
- 3 year terms
- Fast, streamlined process
Residential Hard Money Lenders in St. Paul
Whether you’re looking to refinance or purchase an apartment, condominium, single-family home, or duplex in St. Paul and its surrounding cities, Source Capital can help you seamlessly finance your real estate needs. In most cases, our loans are more cost effective than competitors, and getting a quote is free and easy. If you decide to apply online, within 24 hours of your application’s receipt, we’ll provide you with terms that are laid out very clearly and easy to understand. Clients love our business ethic and commitment to transparency, and can rely on us to deliver fair terms with quick funds. We work with all types of borrowers, and can help in even the most complicated scenarios. Our team of experts diligently structure each individual loan to a borrower’s unique circumstances, ensuring the best loan under the fairest conditions.
Commercial Hard Money Lenders in St. Paul
Source Capital also provides hard money lending in St. Paul for the commercial sector of real estate. We can finance the transaction of various commercial property types, such as multi-family buildings, offices, retail spaces, industrial warehouses, and hospitality businesses. Our carefully trained team understands the complexity required to underwrite a commercial hard money loan and have the knowledge to complete the job with precision. We are the trusted hard money lending company in St. Paul, and deliver some of the most favorable terms in the commercial bridge loan industry. Our clients are never penalized for paying off their loans early, and by providing fast access to funds, Minnesota investors and entrepreneurs can immediately capitalize on fleeting opportunities and see profits from their business ventures more quickly.
Why Choose Source Capital as Your St. Paul Hard Money Lender
During our 10 years of business, Source Capital has funded over $400 million in commercial and residential loans secured by real estate. Source Capital is the premier hard money lending company in St. Paul with a proven track record of excellence. In addition to Minnesota, we service California and Arizona residents’ financing needs. Source Capital is licensed and insured, and all loans are secured by the Deed of Trust. Our process is simple, direct, and eliminates the stress from what might otherwise be an overwhelming experience. We’ve received an A+ rating from the Better Business Bureau, and boast a 5 Star rating on both Yelp and Google reviews. The hundreds of testimonials from our clients describe the ways in which we’ve enriched the lives of borrowers, investors, real estate agents, and mortgage brokers. Source Capital is driven by an excellency in customer service and a belief in open dialogue. Our willingness to always listen to your needs or concerns, and our promise to quickly find a solution, helps us build and maintain successful relationships with clients that are set to last a lifetime.
Source Capital has a proven track record, and we let our past clients’ experiences to speak for themselves.
To see why so many people give us their vote of confidence, get started today by requesting your free quote for hard money loans in St. Paul. You can visit our website, or call us directly at 323.352.9292 to find out more about Source Capital and how we can help you achieve your real estate goals.
Areas We Serve
We lend throughout Arizona, California, and Minnesota. Please contact us to discuss your scenario and speak directly to a decision maker.