Blaine Hard Money Lender

Blaine Hard Money Lender

In the Blaine 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. Blaine 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.

Blaine Hard Money Lender FAQ’S

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

What Do Blaine Hard Money Lenders Specialize in?

Blaine 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 Blaine Hard Money Loans?

Blaine 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 Blaine Hard Money Lenders Look at my Credit Score?

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

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

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

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

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

Refinance a Blaine 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 Blaine 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 Minnesota: Hard money lender in Minnesota

Current Real Estate Trends In Blaine (2024)

The current real estate trends in Blaine can be summarized as follows:

– The market is in a balanced state, with stable demand and supply.

– As of September 2023, the median home listing price is $417.5K, with a corresponding price per square foot of $194.

– The median sold price is $350.4K, and homes typically sell in an average of 29 days.

– Over the last year, the value of the average home in Blaine has experienced a slight decline, standing at $359,469.

– On average, homes in Blaine go pending in around 15 days.

– The short-term market might not be the best investment, but the long-term forecast suggests a potential price increase, with an estimated cost of $302,658 USD in 2028.

– The market overview shows a median sale-to-list price ratio of 63.0%, with 22.5% of sales happening above the list price and 15% below the list price.

– Blaine presents a great investment opportunity with a positive outlook for the future.

Real Estate Market Overview

The real estate market in Blaine, MN is currently in a balanced position, with buyers and sellers both finding opportunities. Homes are selling in roughly 29 days, showing a good amount of buyer interest. This balanced market tells us there is a good balance between the number of homes on the market and the number of buyers.

The sale-to-list price ratio of 100.23% suggests that homes in Blaine are selling at or above their listed price. All of these factors point to a stable real estate market in Blaine, presenting chances for both buyers and sellers.

Home Values

The housing market in Blaine demonstrates periodic variations in home values, presenting prospects for investors aiming for long-term gains. At present, the average home value in Blaine is $359,469, exhibiting a 0.7% decrease over the past year. Homes in Blaine usually go pending in about 15 days, demonstrating a strong demand in the market.

The 1-year market forecast for Blaine is 1.018, hinting at a positive outlook for future price development. Additionally, the median sale to list ratio is 63.0%, showing that homes are selling near their listing price. These trends signal that Blaine can be a lucrative property investment option, especially for those considering flipping properties.

Although, it is also essential to contemplate the short-term outlook for the market, which will be discussed in the following section.

Short-Term Outlook

Recent market data and forecasts indicate that property investments in Blaine, Minnesota could be a profitable option despite uncertain short-term outlook.

Over the past 12 months, home values in Blaine City have gone up significantly with a median value rising to $280,931 USD, a 137.735% increase. However, there is a prediction that values may dip in the next 12 months.

Despite this, property investment in Blaine has demonstrated positive average annual profit in recent years and it is expected that sales prices will rise 13.316% over the next 10 years.

Thus, while the short-term outlook could be uncertain, the long-term forecast hints that Blaine can still be a great choice for property investments. It is suggested to vigilantly monitor market trends and consult with real estate professionals for a more precise assessment.


All About Blaine

Welcome to Blaine, Minnesota! If you’re on the hunt for a city with a bustling community, you’ve come to the right spot.

Blaine is home to a range of businesses and organizations that contribute to its robust economy, such as Aveda Corporation, Cub Foods, Infinite Campus, Carley Foundry, Inc., and The National Sports Center.

Talking about sports, Blaine is a hub for athletic competitions, from hosting the 3M Open to housing professional soccer teams.

The city has a great number of parks and recreation facilities, including 66 parks, miles of trails, and interesting places like Aquartore Park, Happy Acres Park, and the Blaine Wetland Sanctuary.

Blaine’s government is represented by a mayor and council members, and the city falls within Minnesota’s 6th congressional district.

The education here is excellent, with three school districts and esteemed high schools like Blaine High School and Centennial High School.


In Blaine, you’ll find a prosperous economy with major employers such as Aveda Corporation, Cub Foods, Infinite Campus, Carley Foundry, Inc., and the National Sports Center offering a wide range of job opportunities for the community. Aveda Corporation, a beauty and wellness company, has 700 people employed, while Cub Foods, a local grocery store chain, has four stores and 435 employees. Infinite Campus, a software company specializing in education solutions, employs 400 people. Carley Foundry, Inc., a manufacturer of iron castings, has 350 individuals employed. Lastly, the National Sports Center, a premier sports facility, has 325 people employed.

These different employers are an important part of the economy of Blaine. The city benefits from these businesses not only through job creation but also through the income generated and the services they provide. Blaine’s economy is supported by a variety of industries, from beauty and wellness to groceries, education solutions, and manufacturing.


Experience the excitement of sports in Blaine, where you can witness the PGA Tour event, the 3M Open, at TPC Twin Cities. This prestigious tournament brings in top golfers from all over the world, giving you the opportunity to get up close and personal to world-class talent.

Blaine’s sports scene doesn’t stop there. The National Sports Center is a great place for soccer and ice sports lovers. It boasts 50 full-size soccer fields, making it the ideal spot for Minnesota’s professional soccer teams. You can also have a blast on the ice at the eight-sheet ice arena. Be it as a player or a spectator, the National Sports Center has something for everyone.

Sports in Blaine doesn’t end with golf and soccer. When you switch to the next part about parks and recreation, you’ll understand why Blaine is a perfect spot for outdoorsy people. It has 66 parks and hundreds of miles of trails, so there is always something new to explore. From the tranquil Blaine Wetland Sanctuary to the lively Lakeside Commons Park, there’s something for every taste. Baseball and softball fans will definitely enjoy the Lexington Athletic Complex and the Blaine Baseball Complex.

Parks and recreation

From the serene Blaine Wetland Sanctuary to the energized Lakeside Commons Park, immerse yourself in the natural beauty and recreational opportunities that await in the city. Blaine is home to an impressive 66 parks and hundreds of miles of trails, making it an ideal spot for outdoor fans. Whether you’re looking for a leisurely stroll, a bike ride, or a picnic with friends and family, Blaine has the perfect park for you.

Aquartore Park includes a playground, ball fields, and a picnic area, while Happy Acres Park boasts a disc golf course and a skate park. Nature lovers should not miss the Blaine Wetland Sanctuary. Covering 500 acres, this guarded open space is home to a variety of plant and animal species, providing a tranquil escape from the hustle and bustle of life.

Sports buffs will also find plenty to enjoy in Blaine. The city is home to the Lexington Athletic Complex, containing baseball and softball fields, as well as the Blaine Baseball Complex. The National Sports Center has a broad array of sports facilities, comprising over 50 full-size soccer fields, an eight-sheet ice arena, and the Victory Links Golf Course.


Uncover Blaine’s government and explore the services it provides, giving you a deeper look at the city’s operations.

Blaine is governed by the 2021-2024 City Council, which includes the mayor and representatives from different wards. They work together to make decisions and establish policies that will shape the city’s future.

Blaine’s government provides a selection of services to its citizens, such as public safety, utilities, and community growth.

The Blaine Police Department is responsible for the security of the community, while the Public Works Department maintains the city’s infrastructure and utilities.

The Planning and Community Development Department is vital in managing growth and development in the city. The Parks and Recreation Department is also a priority, taking care of the maintenance and programming of the city’s many parks, trails, and recreational facilities.

Exploring Blaine’s government gives you a greater understanding of how it serves the needs of its citizens.


Blaine is served by three school districts: Anoka-Hennepin, Spring Lake Park, and Centennial. This means access to quality education for Blaine residents.

High schools in Blaine include Blaine High School, Centennial High School, and Paladin Career and Technical High School. These schools offer a range of programs tailored to individual interests and career aspirations. Some Blaine students attend Spring Lake Park High School too, which broadens educational choices. Rasmussen University also has a location in Blaine, providing higher education opportunities.

School districts in Blaine cover different areas, ensuring that all students have a nearby school. Whether your goal is traditional academics, career and technical training, or higher education, Blaine provides the resources and support needed to reach your objectives.