Lawrence Hard Money Lender

Lawrence Hard Money Lender

In the Lawrence 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. Lawrence 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.

Lawrence Hard Money Lender FAQ’S

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

What Do Lawrence Hard Money Lenders Specialize in?

Lawrence 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 Lawrence Hard Money Loans?

Lawrence 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 Lawrence Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Lawrence 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 Lawrence even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Lawrence Hard money lenders primarily care about the property you are purchasing.

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

Interest rates for hard money loans in Lawrence 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 Lawrence, 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 Lawrence Hard Money Lender?

There are many benefits to working with a Lawrence 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 Lawrence 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 Lawrence, 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 Lawrence?

When you want a hard money loan in Lawrence, 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 Lawrence 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 Lawrence Hard Money Loan?

Refinance a Lawrence 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 Lawrence 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 loans

Current Real Estate Trends In Lawrence (2024)

The real estate market in Lawrence, KS offers a variety of options for buyers and investors. Condos and townhomes are available at a median listing price of $392.5K and a median listing price per square foot of $178.

There are signs that a downward trend may be coming in the near future and investors should consider other cities for their investments.

Lawrence may still be a viable option for short-term investment, with home prices expected to climb from $245,732 USD to $254,379 USD within the year.

Potential buyers and investors should evaluate the market conditions thoroughly before making any decisions.

Real Estate Highlights

Lawrence, KS offers a variety of affordable homes, with a median listing home price of $392.5K and a median sold home price of $303.8K. This provides potential buyers with a range of options. The average home value in Lawrence is $294,524, with a 1-year change of +5.7%. This indicates a consistent growth in the real estate market. 

The sale-to-list price ratio is 101.15%, indicating that houses are selling above their asking price. This high demand for homes is further supported by the average time on the market, which is only 29 days. These statistics highlight the attractiveness of Lawrence as a real estate market, with affordable options, consistent growth, and a quick turnaround for sellers.

Housing Market Overview

Recent market data and forecasts show that the housing market in Lawrence City has potential for investment growth. September 2023 had a median listing home price of $392.5K, which was a 19.1% climb from the year before. The median sold home price was $303.8K, and the sale-to-list price ratio was 101.15%, showing that homes sold more than their asking price. Houses spent an average of 29 days on the market, suggesting a fast-paced market.

The average home value in Lawrence City was $294,524, with a 1-year value change of +5.7%. Homes usually go pending in around 10 days, demonstrating the market’s demand.

This data and trends point to a promising outlook for the Lawrence City housing market, making it an attractive option for investment.

Property Investment

Investment in Lawrence City’s real estate market provides a great opportunity for potential investors. Home values average $294,524 with a yearly increase of 5.7%. The median listing price in September 2023 was $392.5K, with a 19.1% year-over-year rise. Properties are selling above asking prices on average, with a sale-to-list price ratio of 101.15%.

With a quick turnover rate of 29 days, Lawrence City demonstrates high demand for properties and a positive outlook in the long-term. Forecasts predict an increase in home prices to $286,687 by 2028.

Lawrence City offers a lucrative investment opportunity for those looking to profit from property investments.


All About Lawrence

With a population of around 94,934 people, Lawrence has grown to become an active community renowned for its universities and deep-rooted past.

Exploring the city, one will observe the part it played in significant moments of American history, including Bleeding Kansas and the Civil War. The city was founded by the New England Emigrant Aid Company and named after the abolitionist Amos A. Lawrence.

Over the years, Lawrence has progressed from a strategic trading post into a bustling hub of commerce, focusing on farming, manufacturing, and education.

A city that continues to influence Kansas and draw in various businesses and industries.


Lawrence’s population has grown steadily over the years, making it the sixth-largest city in Kansas. According to the 2020 census, Lawrence had a population of 94,934.

A major factor driving this growth is the presence of two universities, the University of Kansas and Haskell Indian Nations University, which attract students, faculty, and staff from many parts of the world. This influx of people has contributed to the city’s cultural diversity.

The increased population of Lawrence has had a significant effect on its economic development. The growing demand for housing, services, and infrastructure has resulted in the establishment of various industries such as agriculture, manufacturing, and education, which has further diversified the city’s economy.

The history of Lawrence is closely connected to its population growth. It was founded by the New England Emigrant Aid Company and played a pivotal role in the Bleeding Kansas period and the Civil War, both of which have shaped the city’s destiny.


In the early years, settlers in Lawrence braved threats and intimidation from pro-slavery groups, but still managed to create a voluntary government. The pro-slavery men sought to prevent Lawrence from turning into an anti-slavery stronghold, yet the settlers kept their commitment to a free state. In spite of the struggles they faced, the settlers organized themselves and constructed a municipal government to uphold law and order.

The building of a voluntary government in Lawrence was a big event in the city’s history. It showed the determination and strength of the settlers despite the adversity. By constructing a system of governance, they managed to secure their rights and ensure the safety and good of the community.

This period of challenge and opposition laid the groundwork for the subsequent settlement and early years of Lawrence. The settlers’ unwavering dedication to their cause attracted more individuals with the same outlook to the area, resulting in the growth and development of the city.

Settlement and Early Years

Exploring the settlement and early years reveals the strength and dedication of the settlers, leading to the formation of a successful community in Kansas Territory. The foundation of Lawrence was by no means easy, but the people pushed forward in striving to create a city that would oppose the expansion of slavery.

The New England Emigrant Aid Company had a major part in bringing settlers to Lawrence, and their strategic position near the Oregon, Santa Fe, and Military Trails was beneficial for business and trade.

Despite the already existing squatter settlements in the area, Lawrence began to take form when a group of 29 pioneers arrived in July 1854. They claimed the land between Mount Oread and the Kansas River, and with the arrival of more people, the town started to expand.

The formation of a voluntary municipal government and the endorsement of a constitution further established Lawrence as a flourishing community.

The settlers encountered threats and intimidation from pro-slavery men, but they stayed strong and kept building their town. Their commitment and dedication to the anti-slavery cause created the basis for the future anti-slavery movement that would influence the fate of Kansas.

Anti-Slavery Movement

The settlers who opposed the spread of slavery in Kansas Territory sparked a powerful movement that called many anti-slavery settlers to the area. They were named Free-Staters and sought to make Kansas a free state when it entered the Union. They believed the Kansas-Nebraska Act, which declared popular sovereignty on the slavery issue, was a chance to stop slavery from entering new territories.

Eli Thayer and Amos A. Lawrence, both associated with the New England Emigrant Aid Company, were strong abolitionists and involved in the founding of Lawrence. They saw this city as a way to form a bulwark for anti-slavery views in Kansas Territory.

Pro-slavery forces clashed with the anti-slavery movement in Lawrence. Skirmishes such as the Wakarusa War and the Sacking of Lawrence took place, but the Free-Staters held their ground and kept proclaiming their anti-slavery ideals.

The Free-Staters’ commitment to the anti-slavery cause established Lawrence as an essential cultural and educational center in Kansas. Their dedication to freedom and equality enticed different industries and businesses to the city, leading to economic diversification.

The rise of Lawrence and the strengthening of the anti-slavery movement allowed the city to transform and prosper. Agriculture, manufacturing, and education became significant parts of Lawrence’s development, and the presence of the University of Kansas and Haskell Indian Nations University helped to make the city more diverse.

Economic Diversification

Lawrence’s economy underwent a transformation over time, resulting in a more diverse array of industries and growth opportunities. Agriculture, manufacturing, and education all became integral parts of the city’s economic structure.

The area surrounding Lawrence was home to a large number of farms, which provided the city with a range of agricultural products, such as wheat, corn, and oats. These farms were essential to the local economy, providing employment and contributing to growth.

Manufacturing was another sector that experienced growth as Lawrence developed. Mills, factories, and foundries were built, producing goods such as textiles, furniture, iron products, and machinery. These facilities provided employment and contributed to the city’s economy.

The presence of the University of Kansas and Haskell Indian Nations University also had a significant impact. People from all walks of life came to the city to attend these institutions, creating a vibrant intellectual and cultural atmosphere. The universities also stimulated the growth of other industries, such as publishing, research, and technology.

Lawrence has developed a strong and diverse economy. The city has taken advantage of its agricultural, manufacturing, and educational resources to create a foundation for growth and prosperity. Lawrence remains a hub for innovation, education, and economic opportunity in Kansas.