“Carolina Private Lending, LLC is a Davidson, North Carolina private lending firm. With a special focus on hard money loans, this North Carolina lender specializes in investor rehab and bridge loans. The former features commercial financing for rehabs and purchases of non-owner occupied investment properties, loans from $50,000 to $500,000, nine-month loans with a single 90-day extension, 14.5-percent interest rates, 20-percent down payments with 3.5-percent loan points, 10-percent borrower cash down, 100-percent financing for rehab costs, 65-percent ARV, interest only payments with a balloon due in full, no prepayment penalties and 10 days to fund. The latter features similar guidelines, but offers 24-month loan terms, 14-percent interest rates, four-percent loan points and 65-percent LTV.

As a locally based lender, they specialize in the following real estate lending markets: Charlotte, Greensboro and Raleigh-Durham. ”