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Hard Money Lenders in Minnesota
5 of the 13 national hard money lenders we compared say on their websites that they lend in Minnesota. The lowest advertised starting rates among them: Lima One Capital (as low as 7.75%), Kiavi (as low as 8.25%), Express Capital Financing (10% to 12%). We also list 3 lenders based in Minnesota. 5 exclude Minnesota or leave it off their published state lists.
National lenders that lend in Minnesota
| Lender | Fix-and-flip rate | Max leverage | Min credit score | Loan size | Time to close |
|---|---|---|---|---|---|
| Lima One Capital | As low as 7.75% | Up to 95% LTC, 75% of ARV, 100% of rehab | 660 | $100K to $5M | Within 3 weeks for repeat borrowers; Bridge Plus in as few as 7 days |
| Kiavi | As low as 8.25% | Up to 100% LTC / 80% ARV (an FAQ on the same page says up to 95% LTC) | Not stated | $100K to $5M | As few as 7 days |
| Express Capital Financing | 10% to 12% | Up to 90% of acquisition and 100% of renovation (its meta description says up to 75% of total project cost) | 600 | $150K to $10M | As little as 5 days |
| LendingOne | Not published | Up to 92.5% LTC, 100% of rehab | Not stated | $100K to $3M | As little as 5 days (its FAQ says 10 business days) |
| Griffin Funding | Not published | Not stated | Not stated | From $100K | Often 7 to 10 days |
Rates are each lender's advertised starting rate for fix-and-flip loans. Click a lender for its full terms.
Hard money lenders based in Minnesota
Hard Money LLC
Golden Valley, MN. Phone: (612) 926-1111.
- Loans: Apartments, industrial, commercial, land, fix and flip, 1031 exchanges
- Loan size: Not stated
- Rates: Not published
- Where: Minnesota
Cashability
Hopkins, MN. Phone: Not stated.
- Loans: Fix and flip, bridge, commercial fix and flip
- Loan size: Not stated
- Rates: Fix and flip 10% APR (6-month term) or 12% APR (9-month term) with 2.5-4 points at closing; bridge 12% APR, 3 points; commercial fix and flip 12% APR, 4 points
- Where: Minnesota
CCM Finance
Minneapolis, MN (no street address on its site). Phone: +1.612.254.0025.
- Loans: Fix and flip, home builder lending, lot and land loans
- Loan size: Not stated
- Rates: Not published
- Where: Minneapolis area / Twin Cities
Lenders that exclude Minnesota or do not list it
- Easy Street Capital: excludes Minnesota on its website
- New Silver: not on its published state list
- Sherman Bridge: not on its published state list
- Upright: not on its published state list
- Ternus: excludes Minnesota on its website
Lenders that do not publish a state list
Groundfloor, RCN Capital, CoreVest do not publish which states they lend in. Ask them directly about Minnesota.
Compare all national hard money lenders
Frequently asked questions
Who are the hard money lenders in Minnesota?
5 of the 13 national hard money lenders we compared say on their websites that they lend in Minnesota. The lowest advertised starting rates among them: Lima One Capital (as low as 7.75%), Kiavi (as low as 8.25%), Express Capital Financing (10% to 12%). We also list 3 lenders based in Minnesota. 5 exclude Minnesota or leave it off their published state lists.
What do hard money loans cost in Minnesota?
Among national lenders that lend in Minnesota, the lowest advertised starting rates are Lima One Capital (as low as 7.75%), Kiavi (as low as 8.25%), Express Capital Financing (10% to 12%). Points and fees come on top, and starting rates go to the most experienced borrowers with strong credit. Check each lender's terms.