$500,000 to $30,000,000
1.5 years
8% - 9%
1 - 1%
Loan Type Bridge Loan, Hard Money Loan, Second Mortgage
Property Type 2-4 Units, Hotel, Land Entitled, Medical Facility, Office, Retail, SFR, Special-Use
Louisiana Lenders
Below are 94 Lenders that offer loans on investment properties in Louisiana. Their Interest Rates range from 4% to 20%. These lenders have loan amounts between $10,000 and $1,000,000,000.
$1,000,000 to $10,000,000
1 year
8% - 13%
Loan Type Construction Loan, DSCR Loan, Rehab Loan
Property Type 2-4 Units, SFR
$50,000 to $10,000,000
1 year, 2 years, 3 years
12% - 18%
Loan Type Bridge Loan, Hard Money Loan
Property Type 2-4 Units, SFR
$3,000,000 to $50,000,000
3 years
9%
Loan Type Bridge Loan, Hard Money Loan, Second Mortgage
Property Type Condo, Hotel, Industrial, Land Entitled, Land Non-Entitled, Mobile Home Park, Multi Family, Office, Retail, Self-Storage, Special-Use
$15,000 to $1,000,000
1 year, 2 years, 10 years, 15 years, 20 year
9% - 16%
2
Loan Type Bridge Loan, Construction Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Agriculture, Assisted Living, Automotive, Cannabis Related, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Office, Mixed use, Mobile Home Park, Modular Home, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior, SFR, Shopping Center, Special-Use, Strip Center, Student Housing, Warehouse
$100,000 to $20,000,000
2 years
10%
1
Loan Type Bridge Loan, Commercial Loan, DSCR Loan, Hard Money Loan, Rehab Loan, Rental Portfolio
Property Type 2-4 Units, Industrial, Mixed use, Multi Family, Office, Restaurant, Retail, SFR, Shopping Center, Strip Center, Warehouse
$75,000 to $5,000,000
2 years, 3 years, 6 years, 7 years, 10 years, 20 year, 30 yrs
7% - 11%
5%
Loan Type Bridge Loan, Commercial Loan, DSCR Loan, Hard Money Loan, Investment property Line of Credit, Rehab Loan
Property Type 2-4 Units, Agriculture, Assisted Living, Church, Commercial, Condo, Hotel, Industrial, Manufactured Home, Medical Office, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Retail, Self-Storage, Senior, Senior Care - Residential Property, SFR, Shopping Center, Special-Use, Strip Center, Warehouse
$30,000 to $5,000,000
18 months
10% - 12%
1.5 - 3%
Loan Type Bridge Loan, DSCR Loan, Hard Money Loan, Rehab Loan
Property Type Multi Family, SFR
upto $400,000
Loan Type Bridge Loan, Hard Money Loan
Property Type Agriculture, Land Entitled, Land Non-Entitled
$100,000 to $6,000,000
2 years
10.5% - 12%
1 - 2%
Loan Type Bridge Loan, Construction Loan, DSCR Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Mixed use, Multi Family, SFR
The Top 10 Cities in Louisiana to Get an Investment Property Loan
Investing in real estate can be a rewarding venture, especially in a state like Louisiana, where the real estate market offers diverse opportunities. However, securing financing for investment properties requires careful consideration of the lending environment in different cities. Whether you’re looking to invest in residential rentals, commercial properties, or multifamily units, these top 10 cities in Louisiana offer the best environments for obtaining investment property loans.
1. New Orleans
New Orleans leads the pack with its vibrant real estate market and a wide range of lending options for investors. The city’s economic resilience, bolstered by its tourism, energy, and cultural industries, makes it an attractive location for investment properties. Lenders in New Orleans are experienced in working with investors, offering competitive loan products that cater to both small and large-scale real estate ventures.
2. Baton Rouge
As the state capital, Baton Rouge offers a robust lending environment, particularly for those interested in investing in student housing or rental properties near Louisiana State University. The city’s growing population and stable job market provide a strong foundation for real estate investments, and local lenders often provide favorable terms for investors.
3. Lafayette
Lafayette, known for its strong economy driven by the oil and gas industry, presents excellent opportunities for investment property loans. The city’s lenders are well-versed in financing both residential and commercial properties, making it a prime location for investors looking to expand their portfolios.
4. Shreveport
Shreveport’s real estate market is gaining attention for its affordability and growth potential. Investors can find attractive loan options here, especially for multifamily properties and commercial investments. The city’s lenders are competitive, offering various loan products that cater to different investment strategies.
5. Lake Charles
Lake Charles is a city on the rise, thanks to its thriving petrochemical industry and ongoing recovery from recent hurricanes. Investors looking to capitalize on the city’s growth can find favorable loan terms for both residential and commercial properties, with local lenders eager to support revitalization efforts.
6. Metairie
A suburb of New Orleans, Metairie offers a quieter, yet equally lucrative, market for real estate investors. The city’s lenders are familiar with the needs of investors and offer competitive rates on loans for residential rental properties and small commercial ventures.
7. Alexandria
Alexandria’s central location in Louisiana makes it a strategic spot for investment property loans. The city’s growing healthcare and retail sectors are driving demand for both residential and commercial properties. Local lenders provide flexible financing options to support these investments.
8. Monroe
Monroe offers a stable real estate market with opportunities for investors in both residential and commercial properties. The city’s lenders are particularly supportive of small to mid-sized investment projects, offering loan products that are tailored to the needs of local and out-of-state investors alike.
9. Houma
Houma, with its strong ties to the energy sector, presents unique opportunities for real estate investors. The city’s lenders are experienced in financing properties related to the energy industry, including housing for workers and commercial spaces, making it an attractive option for specialized investments.
10. Slidell
Slidell’s proximity to New Orleans and its growing residential communities make it an appealing location for investment property loans. The city’s lenders are competitive, offering attractive rates for both first-time and seasoned investors, particularly in the residential rental market.
How to Get an Investment Property Loan in Louisiana
Securing an investment property loan in Louisiana can be a key step toward building a successful real estate portfolio. Whether you’re investing in residential rentals, commercial properties, or multifamily units, the process requires careful planning and the right resources. Here’s a step-by-step guide to help you navigate the process and increase your chances of securing the financing you need.
1. Assess Your Financial Situation
Before applying for an investment property loan, it’s crucial to evaluate your financial standing. Lenders will look at your credit score, debt-to-income ratio, and cash reserves. Ensure that your credit score is in good shape, ideally above 680, and that you have sufficient funds for a down payment, which typically ranges from 20% to 30% of the property’s value.
2. Understand the Types of Investment Property Loans
There are various types of loans available for investment properties, including conventional loans, hard money loans, and portfolio loans. Conventional loans are the most common but often require stricter qualifications. Hard money loans are easier to obtain but come with higher interest rates. Portfolio loans, offered by some banks and credit unions, are kept in-house and may offer more flexible terms.
3. Research Louisiana’s Real Estate Market
Louisiana’s real estate market varies by region, so it’s important to understand the local conditions where you plan to invest. Research property values, rental demand, and economic factors in cities like New Orleans, Baton Rouge, and Lafayette. Identifying a promising location will help you make informed decisions when applying for a loan.
4. Use LendDing.com to Find the Right Loan
One of the most efficient ways to find an investment property loan in Louisiana is by using LendDing.com. The website offers a powerful search feature that allows you to input the loan amount, type of loan, property type, and the state you’re interested in. This tailored search helps you quickly find lenders or specific loan programs that meet your needs. Whether you’re looking for a conventional loan or exploring alternative financing options, LendDing.com makes the process straightforward and user-friendly.
5. Compare Lenders and Loan Programs
Not all lenders or loan programs are created equal. After using LendDing.com to identify potential options, take the time to compare interest rates, loan terms, and any associated fees. Look for lenders who specialize in investment property loans and have a strong reputation in the industry. You can also use the platform to explore specific loan programs that may offer benefits like lower down payments or flexible repayment terms.
6. Prepare Your Documentation
Lenders will require a variety of documents to process your loan application. Be prepared to provide proof of income, tax returns, bank statements, and details about the property you’re purchasing. If you’re applying for a loan for a rental property, you may also need to provide an appraisal, rent rolls, and lease agreements.
7. Submit Your Loan Application
Once you’ve selected a lender and gathered all the necessary documentation, it’s time to submit your loan application. Be prepared for the lender to perform a thorough review of your financials and the property. They may also require an inspection and appraisal of the property before final approval.
8. Close the Loan and Manage Your Investment
If your loan is approved, the final step is closing the deal. This involves signing the loan documents and any additional paperwork required to finalize the property purchase. Once the loan is closed, you can focus on managing your investment, whether it’s renovating the property, finding tenants, or exploring further investment opportunities.