Massachusetts Hard Money Lenders
Searching for low interest rates for a Massachusetts hard money loan but don’t have time to phone every lender in the country.
Whether you’re getting a BRRRR loan for a duplex in Springfield, want to cash-out refi your warehouse in Boston or need an inheritance loan for a home in Worcester — the bridge lenders found on EmpireFunders are verified and licensed to ensure a smooth funding process.
The Codfish State has roughly 7 million residents who contribute to its' powerful economic industries that range from Technology R&D to chemical manufacturing.
Massachusetts is best known for its world renowned colleges and sports teams and its' education Institutions including Harvard and MIT, as well as its' famous sports teams such as The New England Patriots and The Boston Red Sox.
Top Massachusetts Hard Money Loans Summary
Lender | MAX | RATE | LTV | |
|---|---|---|---|---|
$2m | 9% | 80% | ||
$5m | 10% | 70% | ||
$3m | 9.5% | 70% | ||
$3m | 9% | 70% |
The 4 Best Hard Money Lenders in Massachusetts
Asset Based Lending, LLC
Transforming Neighborhoods and Building Relationships from the Ground Up
Asset Based Lending is an East Coast hard money lender located in New Jersey. They have a variety of tailor made loan programs including fix and flip, new construction, cash out refinances and rental property loans for non-owner occupied properties.
They fund 12 month term deals from $75k to $2mil and have a loan to value ratio of 70% to 85% depending on the loan program.
Before You Apply
- Loan Amount: Minimum of $75,000
- Interest Rate: Minimum of 9%
Best Features:
- Loan pre-approval within 24 hours and can close in as few as 3 days
- 12-month, interest-only bridge financing for fix & flips, new construction and cash-out or refinances
- Direct, local East Coast lender that has funded over 1,500+ fix & flip loans
Yieldi
Connect. Borrow. Invest
Yieldi is a hard money lender located in Atlanta, Georgia lending locally and across 38 other states.
They fund real estate investments backed by real property such as a commercial or residential property.
They have a variety of different loan programs including mutli-family, bridge, construction, cannabis grow, note purchasing and even secure business advances.
Before You Apply
- Loan Amount: Minimum of $50,000
- Interest Rate: Minimum of 10%
Best Features:
- Specialized commercial and residential loan programs
- Allows customers to borrow & invest
CoHI Capital
Right People. Right Investments
CoHi is a private money lender out of Denver, Colorado.
They specialize in funding properties located along the Front Range, up the I-70 corridor and small ski mountain towns.
They have many specialized loan programs including for renovation, transactional and foreign national lending.
Before You Apply
- Loan Amount: Minimum of $250,000
- Interest Rate: Minimum of 9.5%
- Loan to Value: Maximum of 70%
- Term Length: Maximum of 12 months
Best Features:
- Quick funding, in as little as a few days
- Most property types, including rental apartments, retail and industrial properties
- Competitively priced interest-only loans
Grand Coast Capital Lending, LLC
Grand Coast Capital is a private lending and investment firm that provides creative financing solutions to local real estate investors, operators, and developers across the country.
They are based out of Quincy, Massachusetts and fund both renovation and rehab loans.
They have funded thousands of deals since their inception in 2013 and work with both first time borrowers and seasoned investors.
Before You Apply
- Note: We do not lend on owner-occupied properties
- Note: A credit check is required
- Fico Score: Minimum score of 600
- Loan Amount: Maximum of $3,000,000
Best Features:
- Fast approval
- National lender
- Competitive products and pricing
Massachusetts Hard Money Stats
- Loan Amounts
- $25k to $100m
- Interest Rates
- 3.99% to 15%
- Term Lengths
- 1 to 360 months
- Origination Points
- 1 to 5 points
- Loan to Value Ratio
- 65% to 100%
- Loan to Cost Ratio
- 65% to 100%
- Closing Time
- 1 to 25 days
States Nearby
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