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. “
Source Capital is the premier hard money lender in Minnesota. We provide hard money loans in the twin cities of Minneapolis from St. Paul to Rochester, Duluth, Brooklyn Park, Bloomington, Plymouth and St. Cloud and everywhere in between. We’re dedicated to providing all of our clients with the capital they need for their real estate ventures. Whether you’re interested in rehabbing ventures or you’re looking to purchase a condominium for business purposes, we can help you at every step of the way to ensure you secure the financing needed for your real estate dreams. From purchase transactions to refinances, our clients love our emphasis on business ethics — our customer testimonials prove that we are one of the most trusted private hard money lenders in all of Minnesota. If you’re in need of immediate capital for a real estate transaction, let Source Capital help you secure the financing you require.
Hard Money Loans in Minnesota
Hard money loans in Minnesota go by many names, including private money loans and bridge loans. Our asset-based funding is designed to provide clients with the money they need, when they need it. We are the smart choice for financing any real estate transaction. Source Capital funds hard money loans that are secured by commercial and residential real estate for business purposes. If you own real estate and need capital immediately, we can help you acquire the financing required within weeks. We are the most reliable Minnesota hard money lender in the market, and we’ll work diligently to ensure you have the finance and guidance you need for any upcoming real estate venture.
Is it Easy to Get Approved for a Minnesota Hard Money Loan?
During our Minnesota hard money loan application process, we center our focus on the equity in the property in question. This enables us to look beyond low credit scores and past borrower occurrences. Most of our clients are not able to secure traditional financing because of their current or permanent situation. Source Capital can look beyond situations like poor credit and finances, short sale, foreclosure, divorce, bankruptcy and even lend to foreign nationals.
We focus mainly on the real estate being used as security to secure the loan which help borrowers get the financing they need to accomplish their goals. This means we make every effort possible to structure a hard money loan with your interests in mind, working to provide funding at the best terms possible for your circumstances. We can provide you with the financing you need to quickly and efficiently get started on your business aims. Looking for bridge loans in Minnesota? As a direct hard money lender in Minnesota, we can fund bridge loans for 12 months or less. We’ll finance up to 70 percent loan to value ratios, making it easy for you to jump on a good opportunity when it presents itself.
What Does Source Capital Lend On?
Looking for hard money loans in Minnesota for residential acquisitions? We lend on single family residences, condominiums or apartments, and duplex, triplex, or quadraplexes. Interested in commercial real estate? From office and retail spaces to multi-family rentals, and even storage, hospitality, and industrial transactions, we can help you finance your real estate dreams. Source Capital has also aided clients in house flipping ventures; from complete rehabs to remodels to buy and holds, we can help you finance your fix and flip projects.
How Long Does It Take to Receive A Minnesota Hard Money Loan?
Source Capital understands that time is of the essence when it comes to real estate acquisition, especially in Minnesota’s booming housing market. Our Minnesota hard money loans are granted quickly under easy-to-follow terms. Our simple loan process can get you pre-approved within 24 hours; this enables our clients to immediately capitalize on fleeting real estate opportunities. Finding fast and flexible hard money loans in Minnesota is easy with Source Capital. We can typically fund Minnesota hard money loans within the time frame of seven days, and the majority of our loans are approved within a 24 hour window.
Instead of borrowing from friends and family or teaming up with an expensive partner, let us help you privately fund your professional endeavors. Our real estate financing is offered with easy terms and low interest rates on private real estate loans, starting at a mere 7.99 percent. Act fast on your real estate investment in Minnesota with hard money loans at reasonable rates from Source Capital. With no prepayment penalties and no junk fees, we’re committed to streamlining the hard money lending process for our clients.
Your Trusted Minnesota Hard Money Lender
Source Capital has helped hundreds of real estate professionals, borrowers and mortgage brokers to secure their financing needs. As a direct subprime lender, our track record of funding transactions is solid, with over $250M in hard money loans funded in the past decade. We have built a strong reputation as an excellent subprime mortgage investor serving the hard money lending needs of real estate professionals throughout Minnesota. With an A+ BBB rating, and 5 star Google and Yelp review ratings, we’re committed to ensuring our clients receive the capital they need in a fast, streamlined process in order to save them both time and money.
Our borrowers utilize direct hard money loans from us for various reasons, and we’ve funded direct private mortgage residential and commercial real estate financing to hundreds of clients. Whether you’re interested in house flipping, want to acquire commercial real estate spaces, or hope to get involved with real estate investing, Source Capital is your trusted Minnesota hard money lender. Since 2007, we’ve aided hundreds of clients with hundreds of millions of dollars. Our happy, successful clients are a testimony to our dedication to providing Minnesota hard money loans for real estate acquisitions. Make your vision a reality with quick, easy financing.
Please call us now at 888.249.9827 or visit our website to know more about us as a direct hard money lender and get started on your real estate ventures today.
Areas We Serve
We lend throughout Arizona, California, and Minnesota. Please contact us to discuss your scenario and speak directly to a decision maker.