Why Hopkins Financial for my Commercial Loan?

We are based in Meridian, Idaho and make non-conforming commercial loans throughout the US.  Hopkins Financial is a private money lender with 400+ private investors and have made a half of billion+ private loans since 1983.  If you own a commercial property and need to refinance or are trying to purchase a commercial property and you cannot get a loan from a conventional source we may be able to help.  This type of lending can also be referred to as "hard money" or "asset-based" lending.

We find our clients have come to us for a loan because:

- The property is in process of being leased and vacancy rate is too high.
- Tight time frame to close
- Credit issues or Bankruptcy
- Self-employed; difficult income verification

Loan Terms:

• Loan Amounts: $10,000 to $5,000,000+
• Location: Commercial – Located in the U.S. Property Types: Retail, Office, Industrial, Multi-family (5+ units), Land Development, Mobile homes park.
• Interest Rates: Starting at 8.75%, depending on credit and property type (Average 10%-12%).
• Points: 3%-5% (on average), varies with the loan request.
• Loan to Value: Average 60%; Up to 80%.
• Term: 6 month to 30 years; Average 5-10 year balloon.
• Funding Time: 7 to 30 business days - varies with type of loan.