I provide hard money and bridge type loans at low LTVs and low rates. I lend on as-is value, not ARV.
Loan terms will vary based on property and borrower experience but typically are:
- Maximum LTV of 70%.
- Standard rate of 10% and 2 points.
- No origination fees except pass through charges (such as drafting of mortgage and note).
- Approval in as little as 24 hours.
- Loan sizes from $30,000 to $1,000,000.
- Terms of 6 months to 5 years.
- Investors only, no owner occupants.
- First lien position only.
- Full recourse and personal guarantee required.
- Cross collateralization available.
- Indianapolis and surrounding areas only.
I also partner with flippers and buy performing and non performing notes.
I work with mortgage brokers, contact me to discuss.
Pricing Comparison
| Me | Hard Money | |
|---|---|---|
| Fees | $0 | $2,000 - $5,000 |
| Points | 2 Points | 2 - 5 Points |
| Rate | 10% | 12 - 15% |
| Maximum LTV | 50 - 70% | 70 - 100% |
Contact
You can contact me by email at us@indyprivatelending.com or by phone at (317) 606-3200.
For loan requests please include the property address, the amount you are looking to borrow and the purpose of the loan.
Testimonials
Sam and his team were great to work with. Fast response time and smooth sailing throughout the whole process. Great experience!
Luke Swift, Mainstay Property Group
Indy Private lending has been super helpful with affordable rates. Clean and easy, straight forward process, zero hassle. 5 stars.
Ryan Mullin, FS Houses
They are easy to work with, experienced and are expeditious with their process. I highly recommend Indy Private Lending and I will continue to refer them business. You couldn't ask for a better local lender!
Josh Mclain, Approved Mortgage