$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
Missouri Lenders
Below are 92 Lenders that offer loans on investment properties in Missouri. 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
$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
Loan Type Bridge Loan, Construction Loan, DSCR Loan, Rehab Loan
$1,000,000 to $50,000,000
1 year, 1.5 years, 2 years, 3 years
Loan Type Bridge Loan, Commercial Loan, Construction Loan, Hard Money Loan, Rehab Loan
Property Type Hotel, Land Entitled, Medical Facility, Mixed use, Multi Family, Office, Retail, Student Housing
$100,000 to $3,000,000
30 years
2 - 5%
Loan Type Bridge Loan, Commercial Loan, Construction Loan, Hard Money Loan, Rehab Loan
Property Type 2-4 Units, Industrial, Medical Office, Mixed use, Multi Family, Office, Retail, SFR, Shopping Center, Special-Use, Strip Center
The Top 10 Cities in Missouri to Get an Investment Property Loan
Investing in real estate can be a lucrative endeavor, particularly in a state like Missouri, 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 Missouri offer the best environments for obtaining investment property loans.
1. St. Louis
St. Louis is a major player in Missouri’s real estate market, offering a wide range of lending options for investors. The city’s diverse economy, including strong sectors in healthcare, education, and manufacturing, makes it an attractive location for real estate investments. Local lenders provide competitive loan products tailored to both residential and commercial ventures.
2. Kansas City
Kansas City, with its dynamic economy and growing real estate market, provides excellent opportunities for investment property loans. The city’s diverse neighborhoods and robust job market make it a prime location for residential and commercial investments. Local lenders offer various loan products to support these ventures.
3. Columbia
Columbia, home to the University of Missouri, offers a stable real estate market with opportunities for investment in student housing and rental properties. The city’s lenders are experienced in working with investors, providing favorable terms on loans for both residential and commercial properties.
4. Springfield
Springfield’s growing economy and affordable real estate market make it a promising location for investment properties. Investors can find competitive loan options for both residential and commercial properties. The city’s lenders are supportive of investors, offering flexible loan terms to meet their needs.
5. Jefferson City
As the state capital, Jefferson City offers a stable real estate market with opportunities for investment in residential and commercial properties. The city’s lenders provide competitive rates on loans, making it an appealing option for investors looking to capitalize on the area’s economic stability.
6. Lee’s Summit
Lee’s Summit, a suburb of Kansas City, presents a strong real estate market with opportunities for investment in both residential and commercial properties. The city’s growing population and economic development make it an attractive location for investors, with local lenders offering competitive loan terms.
7. Independence
Independence, another suburb of Kansas City, offers a stable real estate market with opportunities for investment in rental properties and small commercial ventures. The city’s lenders are familiar with the needs of investors and provide favorable loan terms for various investment projects.
8. St. Charles
St. Charles, located near St. Louis, offers a growing real estate market with opportunities for investment in residential and commercial properties. The city’s lenders provide competitive loan products, making it an attractive option for investors looking to capitalize on the area’s growth.
9. O’Fallon
O’Fallon, with its strong economic growth and family-friendly atmosphere, presents unique opportunities for real estate investors. The city’s lenders offer a range of loan products for residential and commercial investments, supporting the area’s continued development.
10. Farmington
Farmington offers a more affordable real estate market with opportunities for investment in both residential and commercial properties. The city’s lenders provide competitive loan terms, making it an appealing option for investors looking to enter the market with lower initial costs.
How to Get an Investment Property Loan in Missouri
Securing an investment property loan in Missouri is 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, evaluate your financial standing. Lenders will review 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 Missouri’s Real Estate Market
Missouri’s real estate market varies by region, so understanding local conditions where you plan to invest is crucial. Research property values, rental demand, and economic factors in cities like St. Louis, Kansas City, and Columbia. Identifying promising locations 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 Missouri 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. 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, 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. 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, 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.