Real Estate Loan Products in Iowa
If you're looking for an investment that's sure to pay off, look no further than Iowa! The Hawkeye State is burgeoning with opportunities for those looking to make a quick buck. From fixer-uppers to brand-new construction, there's something for everyone in Iowa.
Iowa Loan ApplicationInvestment Properties in Iowa
Looking to invest in real estate in Iowa? There is no shortage of opportunities, and Iowa is home to many prominent companies! Iowa's industry is anchored by agriculture and higher education along with employers such as MidAmerican Energy, UPS, Wells Fargo, Von Maur and Mercy Medical, to name just a few.
When it comes to demographics, 25 to 34-year-olds make up 12.4% of the population, while 35 to 44-year-olds make up 15.2%. 45+ year-olds make up 36.8% of the state's residents.
The median sale price for a home in Iowa is $147,800, while the average rental price is $1,037. There are also 1,921 vacant land lots available for sale as of April 2024.
If you are looking for a location to start your property investment journey look no further, Iowa has it all. This Midwestern state is home to a variety of historical colonies, water parks, outdoor adventures, and more. One of the most popular tourist attractions in Iowa is the Amana Colonies. This historic site was founded in the 19th century by German settlers and is now a beautiful and well-preserved example of early American history. Visitors can ta part in a variety of activities including tours of the historic homes, shopping at the artisan shops, and dining at the many restaurants.Iowa has no shortage of outdoor activities to enjoy. Hiking, biking, and kayaking are just a few of the options available. And for those who love to shop, Iowa has many unique stores and boutiques to explore. Take a closer look at Iowa's real estate opportunities today - short-term rental properties or long-term new construction, Iowa is on the move, don't miss out.
Here are some interesting facts. Iowa's primary economic driver is agriculture, supplying 12% of the national supply of food. Its major metropolitan centers are concentrated in Des Moines, Cedar Rapids, Davenport and Sioux City. The state nickname is the Hawkeye State.
So whether you're looking for a place to call home, or an investment opportunity, Iowa has something for everyone!
When it comes to demographics, 25 to 34-year-olds make up 12.4% of the population, while 35 to 44-year-olds make up 15.2%. 45+ year-olds make up 36.8% of the state's residents.
The median sale price for a home in Iowa is $147,800, while the average rental price is $1,037. There are also 1,921 vacant land lots available for sale as of April 2024.
If you are looking for a location to start your property investment journey look no further, Iowa has it all. This Midwestern state is home to a variety of historical colonies, water parks, outdoor adventures, and more. One of the most popular tourist attractions in Iowa is the Amana Colonies. This historic site was founded in the 19th century by German settlers and is now a beautiful and well-preserved example of early American history. Visitors can ta part in a variety of activities including tours of the historic homes, shopping at the artisan shops, and dining at the many restaurants.Iowa has no shortage of outdoor activities to enjoy. Hiking, biking, and kayaking are just a few of the options available. And for those who love to shop, Iowa has many unique stores and boutiques to explore. Take a closer look at Iowa's real estate opportunities today - short-term rental properties or long-term new construction, Iowa is on the move, don't miss out.
Here are some interesting facts. Iowa's primary economic driver is agriculture, supplying 12% of the national supply of food. Its major metropolitan centers are concentrated in Des Moines, Cedar Rapids, Davenport and Sioux City. The state nickname is the Hawkeye State.
So whether you're looking for a place to call home, or an investment opportunity, Iowa has something for everyone!
✓ Just a few of the locations we service - Waterloo, Iowa City, Des Moines, Davenport, Cedar Rapids, Sioux City
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Loan Summary Information for Iowa
Getting the right funding in Iowa can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Iowa. Whether you flip houses, or are interested in building a new home to sell, or a rental for the long term, LSM has a product that can help. We are one of the premier hard money lenders in Iowa. Read on to learn more about our current offerings in Iowa.
| Loan Products | FICO | $ Loan | Term | Rate | Points |
|---|---|---|---|---|---|
| FIX&FLIP (BRIDGE) | 620+ | $75K+ | 12-24 Mos | 10.25%+ | 2-4 |
| RENTAL (1-4) | 660+ | $75K+ | 30-Yrs | 7.59%+ | 1-4 |
| RENTAL (5+) | 680+ | $250K+ | 30-Yrs** | 7.89%+ | 2-5 |
| NEW CONSTRUCT | 650+ | $75K+ | 12-24 Mos | 10.89%+ | 2-4 |
All loans must be used for non-owner occupied properties purchased for investment. Commercial properties are not eligible for lending unless they are mixed use and comprise at least 50% residential use.
** 30 Years 5, 7, 10 or interest only