LendingOne is an Naperville private money lender offering short-term mortgage loans to real estate investors in Aurora, Chicago, Joliet, Naperville, Peoria, Rockford. Get a private money loan for a property purchase, refinance, equity cash out,
rehab or new construction purchase.
LendingOne Fix and Flip Loans can provide the cash you need to grow your real estate investment property portfolio:
Get ahead of the competition in the Naperville real estate market. Speak to a Hard Money expert today by calling 866-918-1974
The following property types are eligible for our fix and flip loans:
LendingOne near Naperville, IL offers fix-and-flip loan rates between 7.49%-12.9%. All rates are based on the individual property and borrower. Call us to learn more at 866-918-1974
LendingOne fix-and-flip loans have a minimum loan amount of $75K and a maximum loan amount up to $4M (Exceptions Granted).
Yes, LendingOne specializes in providing fix/flip loans that include both the purchase and repair costs as part of one loan.
LendingOne provides lending in all States and District of Columbia except Alaska, Nevada, North Dakota, South Dakota, and Utah.
LendingOne’s fix-and-flip loan FICO score minimum is 600.
We look at things very differently than a bank and rely mostly on your real estate experience and other common sense factors when making decisions.
LendingOne will ask for the following documents for Fix and Flip Loans.
Yes, we only lend to real estate companies. Our fix-and-flip loans are available to the following borrowers:
Our fix-and-flip loans are available to the following borrowers:
No. LendingOne provides commercial only loans that are non-owner occupied (investment) properties.
No, there is no prepayment penalty on our 12-month fix-and-flip loans near Naperville, IL.
For Naperville, IL real estate investors interested in locating deals for fix and flip investments that they can purchase inexpensively with Hard Money lenders loans, renovate, and sell for a profit, analyzing the number of foreclosures, auctions, and bank-owned properties is extremely helpful. Due to high competition for these types of properties, investors will appreciate the speed that Hard Money lenders loans offer when they are trying to close on a property ahead of another investor.
Real estate investors purchasing homes using Hard Money lenders loans in Naperville, IL should look at the data available to get a good idea of whether the market is prime for buyers or sellers. Determining the demand for housing will help with pricing their property accordingly, and knowing how much money for purchase and repair costs they’ll need from their Hard Money Lender.
With home values having increased over the last few years in Naperville, IL and expected to continue in this direction in the future, purchasing a rental property with Hard Money lenders loans in the Naperville, IL area will allow for both stable monthly cash flow and a steady appreciation in value.
Education: Naperville is home to one of the highest educated workforces in the country, greatly due in part to the surrounding top ranking schools in the Naperville, IL area.
Economy: Naperville‘s top employers are driving growth in the real estate market including General Hospital.
Businesses: According to the Naperville Chamber of Commerce, Leisure & Hospitality, Professional & Business Services, and Education & Health Services have seen high job and wage growth.