Source Capital has helped hundreds of borrowers, mortgage brokers and real estate professionals since 2007 to secure the financing they need. As a direct private money lender in Minnesota, our track record of funding transactions is solid with over $140M loans funded. We provide subprime and hard money loans in the twin cities of Minneapolis – St. Paul to Bloomington, Duluth, Plymouth, Brooklyn Park and St. Cloud, to name a few. From purchase transactions to refinances, Source Capital clients have come to rely on our string business ethics and our customer testimonials that prove we are the trusted source for capital.
Our loan process is simple and can get you pre-approved within 24 hours. Whether you have poor credit, a past bankruptcy or foreclosure, we can help. Contact us at 888.334.6636 and get free consultation or visit our website to know more about Minnesota hard money lenders.
WHY CHOOSE US?
- Subprime Loans up to 70% LTV and 7 Year Terms
- Direct Hard Money Lender with Over $135M Funded
- Fast Streamlined Process to Save You Time and Money
- No Prepayment Penalties, No Junk Fees
- Poor Credit, Bankruptcy, Foreclosure – OK
- Fixed Rates from 8.49%
- Loan commitment within 24 hours
- Immediate response from the decision maker
- In-House Valuations
We have built a strong reputation as an outstanding subprime mortgage banker serving the lending needs of real estate professionals throughout Minnesota in addition to California, Oregon and Arizona. Source Capital is a proud member of the Better Business Bureau (BBB) and has received numerous testimonials from our clients while earning the reputation of being a reputable private lender.
As a direct lender, our unique approach to financing with private capital allows speed and flexibility that traditional banking environments cannot provide. We utilize a common sense approach to underwriting and have worked with hundreds of clients with different and complex scenarios.
Our borrowers utilize our funds for numerous reasons as most, if not all of our clients, are not able to secure traditional financing because of their current or permanent situation. Source Capital can look beyond specific circumstances such as poor credit and finances, foreclosure, short sale, bankruptcy, divorce and even lend to foreign nationals. Source Capital focuses mainly on the real estate being used as collateral to secure the loan, which helps borrowers get the financing they need to accomplish their goals.
For more info call us today at 888.334.6636 and get free consultation or visit our website to know more about subprime lenders in Minnesota.