Loan Rates
Our Loan Rates
We offer a variety of loan products, each with its own competitive rates, terms, and conditions. Here’s an overview of our general rates for different types of loans
Fix-and-Flip Loan Rates
- Interest Rates: 10% - 12% annually
- Loan-to-Value (LTV): Up to 75% of the property’s After-Repair Value (ARV)
- Term: 6-18 months
- Fees: 2% - 3% origination fee
- Prepayment Penalties: None (we understand that your project timeline may change)
Bridge Loan Rates
- Interest Rates: 10% - 12% annually
- Loan-to-Value (LTV): Up to 75% of the property’s current value
- Term: 6-12 months
- Fees: 2% - 3% origination fee
- Prepayment Penalties: None
Construction Loan Rates
- Interest Rates: 10% - 12% annually
- Loan-to-Cost (LTC): Up to 100% of the total construction costs not to surpass 75% of the project’s after-completion value
- Term: 12-24 months
- Fees: 2% - 3% origination fee
- Draws: Funds are disbursed in stages as construction milestones are completed
How Our Rates Compare
At Laz Capital, we pride ourselves on offering rates that are competitive with other hard money lenders while providing more flexibility and speed than traditional banks or financing options.
While rates for hard money loans may be higher than conventional mortgage rates, we offer a fast, streamlined approval process and customized loan solutions that make it easier for you to secure funding when you need it most.
Additional Rate Factors
While these are our typical rates, your actual rate may vary based on several factors, including:
Project Type
Different real estate projects have different risks and timelines, which can influence the interest rate.
Property Location
Properties in high-demand, low-risk markets may receive more favorable rates.
Loan Amount
Larger loans may have different rates depending on the size and scope of your project.
Experience
Experienced investors, developers, and builders may qualify for better rates based on their proven track record.
Property Condition
The better the condition of the property you're financing, the lower the risk for us, and the better your rates could be
Loan Term
Shorter-term loans may have higher rates, but they also carry less risk and are typically used for faster projects.
How to Get Started
Getting the best rates is just one step toward securing financing for your next project. Contact us today to discuss your loan needs, and we will work with you to structure the most favorable loan terms for your situation.