Garden City Hard Money Lender

Garden City Hard Money Lender

In the Garden City real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. Garden City hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

Garden City Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in Garden City.

What Do Garden City Hard Money Lenders Specialize in?

Garden City hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished.

What are the Benefits of Garden City Hard Money Loans?

Garden City hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do Garden City Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Garden City hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in Garden City even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Garden City Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in Garden City?

Interest rates for hard money loans in Garden City are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in Garden City, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in a Garden City Hard Money Lender?

There are many benefits to working with a Garden City hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available.

How can Hard Money Lenders in Garden City Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in Garden City, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in Garden City?

When you want a hard money loan in Garden City, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in Garden City using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance a Garden City Hard Money Loan?

Refinance a Garden City hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing a Garden City hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Here’s other cites we can help with in Kansas: Kansas hard money lender

Current Real Estate Trends In Garden City (2024)

The real estate market in Garden City, KS has experienced change recently, with alterations in median listing and sold home prices. September 2023 saw the median listing home price at $284.5K, while the median sold home price was slightly lower at $221.9K, indicating a downward trend of -11.1% compared to the previous year, which suggests a buyer’s market.

Homes in Garden City generally take 43 days to be sold, with a slight increase in median days on market. The average home value in Garden City has grown 3.1% over the past twelve months, reaching $227,039. In total, 392 residential properties sold, with a median home value of $198,821.

Garden City has 9,191 residential properties, with two foreclosures reported. Understanding the current market conditions in Garden City, KS requires accurate and comprehensive real estate data.

Current Market Overview

The real estate market in Garden City, KS is highly informative about the current conditions in the area. According to the most recent update on October 29, 2023, the median home value is $261,250 and there are 2 foreclosures.

This data gives buyers and sellers an understanding of the typical price of houses in the area and the presence of foreclosures gives insight to potential bargains. This information provides a clear look into what is happening in the market, allowing those involved to make sound decisions based on objective facts.

Housing Market Trends

Garden City’s property market provides important information for both buyers and sellers. As of September 2023, the median home price is $261,250, with a median listing price of $284.5K. This is a decline of 11.1% compared to the same period last year.

The sale-to-list price ratio is 97.54%, showing that buyers have the upper hand. Homes in Garden City are taking 43 days to sell, which is slightly longer than previous months and years.

The value of a home has risen by 3.1% to $227,039. This data provides an insight into the local real estate market.

Property Report

The recently updated property report for Garden City reveals that the median home price is $261,250 and there are two foreclosures in the area. This report gives a good look at the real estate market in Garden City, offering key insights.

The median home price is a good indication of the average cost of houses in Garden City. With two foreclosures present, this could be a sign of either potential investment opportunities or distressed properties in the market.

The report also provides an evaluation of the market stability, allowing buyers, sellers, and investors to have a better understanding of what’s going on.


All About Garden City

Welcome to Garden City, a bustling city situated in southwestern Kansas!

Rich in history and culture, Garden City has many attractions that will leave you in awe. Highlights include the iconic Windsor Hotel and the captivating Lee Richardson Zoo.

The climate in this semi-arid steppe region includes hot, dry summers and cold, dry winters. But fear not, Garden City’s economy, driven by industries such as healthcare, education, and retail, ensures plentiful job opportunities for all.

Of the population, over 48% are Hispanic, and the city proudly embraces its diversity. Despite its challenges, Garden City is committed to public safety and creating a welcoming environment.

Landmarks and Attractions

Garden City is home to some of the most beautiful landmarks and attractions in the region. From the historic Windsor Hotel to the Garden City Amphitheater and the Lee Richardson Zoo, there is something for everyone in this vibrant city.

The Windsor Hotel is a true jewel of the city. Built in the late 19th century, this grand hotel has been graced by notable guests such as President Theodore Roosevelt and author Ernest Hemingway. Its stunning architecture and luxurious ambiance make it a must-visit for anyone interested in exploring Garden City’s past.

The Garden City Amphitheater is another popular destination. This outdoor venue hosts a variety of concerts, performances, and cultural events throughout the year. Whether you’re a music enthusiast or just looking for a fun night out, the Garden City Amphitheater is sure to provide an exciting experience.

For animal lovers, the Lee Richardson Zoo is a must-see. As the largest zoological park in western Kansas, it is home to a variety of species from all over the world. From elephants and giraffes to lions and penguins, the zoo offers an incredible opportunity to observe and learn about wildlife up close.

Exploring the landmarks and attractions of Garden City provides a deeper understanding of the city’s history and the role it has played in shaping the community. There is no better way to truly appreciate Garden City than to visit these iconic sites and uncover the stories of its past.


Explore the rich past of Garden City, where the city’s founders and a well-known hunter had a great impact on its development.

James R. Fulton, William D. Fulton, and L.W. Fulton established the town in February 1878, with engineer Charles Van Trump designing the original townsite. Finney County got irrigation in 1879, leading to a growth spurt in the late 19th century.

Buffalo Jones, a celebrated hunter, promoted Garden City and affected the placement of a railway station. The United States Land Office was hosted in Garden City, which attracted settlers and attorneys.

The history of Garden City provided a basis for its economic prosperity. The 1970s saw the inauguration of a meatpacking plant which stimulated the city’s economy, making it a hub for immigrants from various nations.

Farming, particularly in the beef industry, has had a significant effect on Garden City’s economy. Nevertheless, the city has diversified its economic sectors, with healthcare, education, and retail industries playing a part in its growth.

From its humble beginnings to its current flourishing status, Garden City’s history has shaped its economic panorama and put it in a position as a prosperous and lively community.


The establishment of a meatpacking plant in the 1970s saw Garden City’s economy experience a significant revitalization. This attracted immigrants from all over the world, eventually turning it into a vibrant and diverse community. The plant became an influential factor in the city’s economy, providing plenty of jobs and helping to grow other industries such as healthcare, education, and retail. This made it an attractive destination for immigrants looking for job opportunities and a better life.

Garden City’s strong agricultural sector, particularly its beef industry, was a key factor in its economic success. Feedlots and grain elevators were plentiful, helping local farmers to thrive and supplying the meatpacking plant with a steady source of livestock. An ethanol plant was also established in 2007, diversifying the local economy and creating further job opportunities.

2012 labor force statistics showed that Garden City had a low unemployment rate and a workforce employed in a variety of industries. Healthcare, education, and retail saw the highest percentages of the workforce, demonstrating their importance to the city’s economy.

Garden City’s success in the economy was mirrored by its unique climate.


Garden City, located in southwestern Kansas, is a vibrant city with a semi-arid steppe climate. The climate is known for extreme temperature fluctuations and low precipitation.

Summers are hot, with temperatures often reaching the 90s°F (30s°C). The air is dry and there is little humidity, making it feel even hotter.

Winters are cold and dry, with temperatures dropping below freezing and occasional snowfall.

Tornadoes are a risk, especially being located in Tornado Alley. These destructive storms occur during the spring and summer, so Garden City residents are well-prepared with warning systems in place.

Garden City is situated on the north side of the Arkansas River and surrounded by the High Plains region of the Great Plains. This area has its own distinct character, making it a great place to explore.


Explore the geography of this lively southwestern Kansas destination, situated on the north side of the Arkansas River and surrounded by the picturesque High Plains of the Great Plains. Garden City is easily accessible, situated at the junction of U.S. Route 50 and U.S. Route 83, close to Wichita, Amarillo, and Denver. The city covers an area of 8.82 square miles (22.84 km²), all of which is land.

Garden City’s landscape is characterized by sprawling, open plains and a semi-arid steppe climate. Summers are hot and dry, while winters are cold and dry. Annual temperatures average at 54.2°F or 12.3°C, with an annual precipitation of 19.47 inches (495 mm). The city is also located in Tornado Alley, making tornadoes a common occurrence.

Garden City’s geography has had a huge impact on its history and economy. The fertile soil and access to water from the Arkansas River has made farming, especially the beef industry, a major economic activity in the area. The city is full of feedlots and grain elevators, which reflect its agricultural history. Furthermore, Garden City’s position and transportation network has made it a center for different industries, such as healthcare, education, and retail.

The geography of Garden City provides a stunning backdrop to its lively community and varied economy. Whether you’re exploring the historic landmarks, admiring the stunning scenery, or experiencing the local culture, Garden City’s geography adds an extra charm to this southwestern Kansas destination.