Hard Money Lenders Arkansas

Fast Arkansas Hard Money Loans
Ready to close in less than a week

  • Interest rates 10 – 12.75%
  • Credit score 650+
  • Loan-to-Cost Up to 90%
  • No income verification
  • Get approved online in 5 minutes
  • Instant proof of funds letter
  • Interest only payments
Get Approved Online
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Need financing for your upcoming real estate project? Get approved for a hard money loan in 5 minutes using our online application

Need funding fast? Look no further than New Silver. New Silver has the perfect selection hard money loans for Arkansas real estate investors.

New Silver has a variety of different hard money loan products available to suit every Arkansas real estate investor’s needs. Run by a team of experienced real estate professionals, our loans are ideal for real estate investors in AR.

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Loan Programs

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Fix & Flip

For house flippers hoping to purchase a fixer upper to renovate and resell in Arkansas. Interest rates from 10 – 12.75%, Loan-To-Cost up to 90%, with loan terms up to up to 24 months. Hard Money Refinance Loans also available.

  • Get up to $5,000,000
  • Interest rate 10 – 12.75%
  • Origination fee from 1.875%
  • Up to 100% construction
  • More info
Get Approved Online
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Rent

30-year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest rates from 7, loan-to-purchase price up to 80%. Built for buy and hold investors that purchase rental properties.

  • Get up to $3,000,000
  • Interest rate 7
  • Origination fee 1.75-2.5%
  • 30-year fixed rate
  • More info
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Ground Up

Designed for residential builders, our ground up construction loans can finance up to 90% Loan-to-Cost (LTC). Interest Rates from 10 to 13.25%

The perfect solution for builders in Arkansas that need quick access to capital to fund construction costs.

  • Get up to $5,000,000
  • Interest rate 10 - 13.25%
  • Origination fee from 1.875%
  • Up to up to 24 months
  • More info
Get Approved Online

Arkansas Hard Money Lenders

Getting a traditional loan is a slow, drawn-out and exhausting process. At New Silver, our hard money loans are designed for real estate investors that value speed, efficiency and transparency. Offering house fix-and-flip, fix-to-rent and cash out refinance loans, our team of experienced real estate experts are available to get you capital and assist you with any hiccups that may come up along the way.

New Silver is one of the highest rated Hard Money Lenders in Arkansas. As licensed real estate investment professionals, we know what real estate investors need: quick and easy online applications, terms of up to twenty-four months and most of all, fast loan closing and attractive rates. At New Silver, we specialize in hard money loans for single-family residential, but we can also cater to multi-family and commercial real estate projects. Contact our Arkansas hard money lending team today to find the best loan fit for your next real estate project.

Ultimately, if you need fast, efficient Arkansas hard money loans with competitive interest rates, New Silver is the hard money lender for you.

New Silver lends in these cities:

  • Bella Vista
  • Benton
  • Bentonville
  • Cabot
  • Conway
  • Fayetteville
  • Fort Smith
  • Hot Springs
  • Jacksonville
  • Jonesboro
  • Little Rock
  • North Little Rock
  • Paragould
  • Pine Bluff
  • Rogers
  • Russellville
  • Sherwood
  • Springdale
  • Texarkana
  • Van Buren
  • And More

Arkansas House Market Overview

Average Home Value

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$178,744

1-Year Home Appreciation

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6.5%

Average
1 Bedroom Rent

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$578/Month

Average 3 Bedroom Rent

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$926

Homes In Arkansas Are Affordable: The average home value in Arkansas is $178,744. This is considerably less than the average value in the US, which is currently in the region of $334,269.
First time home buyers can potentially save a lot of money by investing in Arkansas. The average home price is $155,500 less than the median home price in the US, and the home price to income ratio is also considerably lower than the national average.

Rental Rates Are Low In Arkansas: In terms of rental rates, Arkansas can be classified as a good state for tenants, but not necessarily the best state for landlords.

The average 1-bedroom rental amount is $578, while the average 3-bedroom rental amount is $926. Buy-and-hold investors need to hold multiple rental properties in order to generate substantial monthly cash flow.

Median Home Price by MSA

MSA Name Median Home Price 1-Year Appreciation 3-Year Appreciation
Fayetteville $328,400 16.5% 55.3%
Little Rock $211,700 12.7% 35.4%

The Fayetteville Market Is Strong: The median house price in Fayetteville is $328,400. This is over $70,000 than the median house price in Alabama.

In addition, the 1-Year Home Appreciation (16.5%) and 3-Year Home Appreciation (55.3%) rates are solid. For instance, a $250,000 home purchased 3 years ago would now be worth approximately $387,500. This type of market bodes well for long term investors and house flippers.

The Little Rock Market Is Slow But Steady: The median house price in Little Rock ($211,700) is considerably less than the median home price in Arkansas ($249,000). This makes Little Rock a good area for first time home buyers and real estate investors with limited access to capital.

In addition, it’s worth noting that the Mortgage Payment to Income ratio is currently 10.6%, which is more than 10% lower than the average ratio in the US (24.4%). Effectively this means that house prices are low and mortgage payments are very manageable for most homeowners in Little Rock.

 

Arkansas Real Estate Investor Associations

Resources Used In This Post

NAR Realtor | Redfin | RentData | EZ LandlordForms | Zillow Arkansas | Zillow US

Reasons to Fund Your Investment Property with New Silver

It doesn’t matter if you are a buy and hold investor or a house flipping specialist. New Silver is a hard money lender with a selection of real estate loans perfectly matched to meet your real estate investing needs. Unlike a conventional mortgage which can take ages to complete, our Arkansas hard money loans can be approved online in less than 5 minutes, with an instant proof of funds letter to help you secure the purchase. We are ready to help you solve your real estate investment needs.

Frequently Asked Questions

Yes. New Silver is a private lender that offers short term loan products for house flipping projects, but we also have 30 year rental property loans for investment properties. We also cater to real estate investors hoping to build multi-family apartments with our new construction loans. You can also apply for a rehab loan, if your intention is to renovate a property.

Yes, New Silver is a private money lender that provides asset-based loans at scale. With asset-based lending, the underwriting process can be more lenient than conventional lenders. This is because the underlying value of the asset is more important than the financial background of the investor when setting the terms of a private money loan.

As a result, the financing and credit score requirements are less stringent, income verification is not needed and the debt-to-income ratio of the borrower doesn’t matter. Plus, we can get you approved and closed within 7 days.

Yes. We offer ground-up construction loans for real estate developers that build single family (1-4 unit) residential properties.

Yes. Our fix and flip loans can act as a bridge loan for real estate investors with a loan term ranging from 6 to 24 months in duration. More information can be found on the loan product page, together with the maximum loan amounts available.

The main reason hard money loans have higher interest rates than traditional loans is because of the risks involved in the transaction. Unlike a residential home purchase, a fix and flip project could run over budget or the real estate market could take a turn for the worse, making the property difficult to sell quickly.

In other words, you could potentially lose money with a fix and flip. This risk is applicable to the borrower and the lender. The higher interest rate compensates for the extra risk that the hard money lender is willing to take on, whereas conventional lenders generally steer clear of these real estate transactions. Hard money lenders effectively fill the gap, using an asset based lending model to fund real estate deals.

The origination fee (loan points) for Arkansas hard money loans is usually between 2-3%, but this varies with each deal. To work out the expected monthly payments, it is best to use our hard money loan calculator.

On this point, it is also worth noting that the monthly payment of all New Silver short term hard money loans work on interest only payments. This helps reduce the cash flow burdens of the investor while the project is underway. Interest only payments are one of the best benefits that you can unlock by working with a reputable hard money lender like New Silver.

In short, yes. While our credit requirements are not as stringent as a traditional lender, we do review the credit history of all our borrowers. If you’re worried about bad credit, it is best to look at our hard money loans product page to see if New Silver is a good fit for your needs.

You should find that our interest rates are lower than other private money lenders. In addition, we don’t require income verification during the credit history check.

  1. House Flipping Loan – Designed for house flippers
  2. Rental Property Loan – 30 year loan for investment properties
  3. Construction Loan – For new residential building projects

All of our hard money loans are designed specifically for real estate investors. Together with extremely fast closing and a user-friendly loan application process, it helps explain why New Silver is one of the top Arkansas hard money lenders.

Right now, we do not specialize in commercial hard money loans. With that being said, our maximum loan amount should be big enough to cover both residential and commercial projects.

Ultimately, if you are hoping to purchase investment properties in Arkansas, we can provide the capital you need for projects up to 4 units. If you are hoping to purchase more units than that, we have additional partners that we can tap into in order to secure financing for your project.

Where We Lend

Hard Money Loans Across The US

Apply for a loan at New Silver today!

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