Premier Hard Money Lender in Oklahoma
Not only is Oklahoma a great place to live, with plenty of attractions and job opportunities, but property values are reasonable, making it a great place to fix and flip or to buy rental properties. So if you're looking for a place to invest in real estate, the Sooner State should definitely be at the top of your list.
Oklahoma Loan ApplicationInvestment Properties in Oklahoma
Now is a great time to invest in real estate in Oklahoma. Whether you're looking for long-term income through a rental property or to fix up and resell a single-family home for a profit, there is an opportunity here for you.
There's more to Oklahoma than open land and oil derricks. This Midwestern state is home to a surprisingly diverse array of attractions, from sprawling metropolises to stunning natural beauties. In the capital of Oklahoma City, you can explore the National Cowboy and Western Heritage Museum, stroll through the Myriad Botanical Gardens, or catch a game of the NBA's Oklahoma City Thunder. Or head on over to Tulsa, where you can tour the Philbrook Museum of Art, go roller skating at the Tulsa Zoo, or take a ride on the iconic Mayo Hotel elevator. nature lovers will enjoy spending time in Tulsa's Mohawk Park, one of the largest urban parks in the country. And no trip to Oklahoma would be complete without a visit to its most famous attraction: the Cherokee Nation Capitol Building in Tahlequah. Due to its location and many attractions, road trippers and alike make the trip to Oklahoma creating an underrated tourism market.
There are approximately 500 homes available for sale in Oklahoma and this year they have sold for an average of $242,300. In addition, there are great rental opportunities with more than 1,977 units available at an average monthly rent of $1,022.
Oklahoma is often known for its agriculture and oil production, but the state has a diverse economy that includes manufacturing, bioscience, and technology. The state's largest employers are Walmart, the Oklahoma State University system, and the Tinker Air Force Base. Oklahoma City, Tulsa, and Norman are the three top destinations for companies when looking for an Oklahoma landing spot. Not surprisingly, these cities have the most interest in real estate investment as well as the most opportunities. Oklahoma City with its large company base will carry the most interest for traditional hard money or other rental property investment, while some other cities that are smaller in population may be more popular for a fix and flip loan due.
When it comes to the state demographics for workforce and potential buyers, 13.1% of the population is 25 to 34 years-old, 15.2% of the population is 35 to 44 years-old, and 35.4% is over 44 years-old.
Apply now to take advantage of the opportunities in Oklahoma's real estate market.
There's more to Oklahoma than open land and oil derricks. This Midwestern state is home to a surprisingly diverse array of attractions, from sprawling metropolises to stunning natural beauties. In the capital of Oklahoma City, you can explore the National Cowboy and Western Heritage Museum, stroll through the Myriad Botanical Gardens, or catch a game of the NBA's Oklahoma City Thunder. Or head on over to Tulsa, where you can tour the Philbrook Museum of Art, go roller skating at the Tulsa Zoo, or take a ride on the iconic Mayo Hotel elevator. nature lovers will enjoy spending time in Tulsa's Mohawk Park, one of the largest urban parks in the country. And no trip to Oklahoma would be complete without a visit to its most famous attraction: the Cherokee Nation Capitol Building in Tahlequah. Due to its location and many attractions, road trippers and alike make the trip to Oklahoma creating an underrated tourism market.
There are approximately 500 homes available for sale in Oklahoma and this year they have sold for an average of $242,300. In addition, there are great rental opportunities with more than 1,977 units available at an average monthly rent of $1,022.
Oklahoma is often known for its agriculture and oil production, but the state has a diverse economy that includes manufacturing, bioscience, and technology. The state's largest employers are Walmart, the Oklahoma State University system, and the Tinker Air Force Base. Oklahoma City, Tulsa, and Norman are the three top destinations for companies when looking for an Oklahoma landing spot. Not surprisingly, these cities have the most interest in real estate investment as well as the most opportunities. Oklahoma City with its large company base will carry the most interest for traditional hard money or other rental property investment, while some other cities that are smaller in population may be more popular for a fix and flip loan due.
When it comes to the state demographics for workforce and potential buyers, 13.1% of the population is 25 to 34 years-old, 15.2% of the population is 35 to 44 years-old, and 35.4% is over 44 years-old.
Apply now to take advantage of the opportunities in Oklahoma's real estate market.
✓ Just a few of the locations we service - Norman, Oklahoma City, Tulsa, Broken Arrow
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Oklahoma
Loan Summary Information for Oklahoma
Getting the right funding in Oklahoma can be challenging but we can help; Lend Some Money (LSM) offers private money for real estate, built for your local investment needs in Oklahoma. 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 Oklahoma. Read on to learn more about our current offerings in Oklahoma.
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