Bend Hard Money Lender

Bend Hard Money Lender

In the Bend 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. Bend 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.

Bend Hard Money Lender FAQ’S

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

What Do Bend Hard Money Lenders Specialize in?

Bend 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 Bend Hard Money Loans?

Bend 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 Bend Hard Money Lenders Look at my Credit Score?

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

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

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

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

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

Refinance a Bend 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 Bend 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 Oregon: Hard money loans in Oregon

Current Real Estate Trends In Bend (2024)

The real estate market in Bend, Oregon is experiencing growth and stability, making it an attractive option for buyers and investors. The median listing home price is $850,000 and there are also multi-family homes available for those looking for something more affordable.

The median listing home price per square foot is $426 and the median sold home price is $734,000, suggesting the market has potential for profitability. Since last year, the median listing home price has increased by 7.7%, showing the positive direction the market is heading.

Despite this, homes in Bend are being sold for 1.36% below the asking price on average, which could be good news for buyers looking to negotiate. The sale-to-list price ratio of 98.64% indicates a balanced market with equal supply and demand.

Although the median days on market has seen a slight increase compared to previous periods, homes are still being sold relatively quickly with an average of 70 days.

All in all, Bend’s real estate market presents an encouraging environment for buyers and investors, with long-term prospects of home prices and potential profitability.

Market Highlights

The real estate market in Bend, OR is showing signs of steady growth. The median listing home price is $850K, and the median listing home price per square foot is $426. Multi-family homes remain affordable, and the median sold home price is $734K – 1.36% below asking price.

Demand and supply are balanced, with an average of 70 days on the market. This data-driven analysis gives a positive outlook for the Bend, OR housing market, providing attractive opportunities for investment.

Housing Market Overview

The housing market in Bend, Oregon is in a state of balance, with a median sale-to-list price ratio of 98.64% and an average days on market of 70. This suggests that there is a stable climate for potential homebuyers and sellers in the area.

Homes in Bend are selling close to their asking price, which is a good sign for sellers. Additionally, the average days on market demonstrates that properties are not lingering on the market, displaying a healthy degree of demand.

Looking to the future, it is essential to consider the investment outlook for the housing market in Bend.

Investment Forecast

Investment opportunities in Bend’s housing market present a promising outlook for potential buyers and sellers. The current investment forecast is optimistic and suggests significant growth in the upcoming years. Here are three key points to bear in mind:

– Short-term forecast: Though the short-term investment forecast for purchasing a house in Bend City may not be as strong, long-term growth is projected. The cost of the average home in Bend is expected to reach $531,469 by 2028.

– Average cost: The average home listing price in Bend City is currently $471,537, making it an attractive option for investors.

– Predicted price growth: Bend home prices are expected to climb to $484,413 in one year, indicating a potential increase in profitability.

Taking into account these factors, investing in Bend’s real estate market could be a profitable opportunity for those hoping for long-term returns.


All About Bend

Located in the center of the state, Bend is renowned for its beautiful scenery, family activities, and simple online gift card ordering.

The Old Mill District, situated alongside the Deschutes River, is bustling with restaurants, stores, and happenings. Dine al fresco with a river view or browse through unique stores, Bend has something for everyone.

Musical performances from local and out-of-state artists are a popular attraction in this city.

And let’s not forget the outdoors – hiking, biking, and water sports are all available in Bend for nature lovers.

With its alluring art scene, family activities, and easy online gift card ordering, Bend is the place to be.

Deschutes River Recreation

If you’re in search of some summertime fun, head to the Deschutes River Recreation area for a fun-filled experience.

Here, you can take a dip in the river, tube down its rapids, or try your luck with our man-made surfing wave. It’s a favorite for outdoor lovers, and there’s something for everyone.

Tubers can pick their own difficulty level with signs along the river’s edge, ensuring a safe and enjoyable experience.

For a spectacular view, you can’t beat the SW Colorado Avenue bridge. 

The Deschutes River Recreation area is just the start of the awesome adventure that awaits you in Bend. Step over to the Old Mill District and see what more it has to offer!

Old Mill District

When exploring the Old Mill District, you’ll find a vibrant mix of chain and local shops. There are also restaurants with outdoor dining options offering breathtaking river views during the summer. Additionally, you have the chance to attend outdoor concerts at the Les Schwab Amphitheater.

This live district is located at the Deschutes River and was built around a lumber mill, giving it a special charm. Whether you’re in the mood for shopping or appetite needs satisfying, there is something for everyone at the Old Mill District.

You can browse through a wide selection of stores, from well-known brands to small boutiques, and find the perfect present or keepsake. When hunger sets in, you can savor delicious meals at the district’s eateries, many of which offer outdoor seating with stunning views of the river.

As you enjoy your time in the Old Mill District, don’t forget to check out the Les Schwab Amphitheater, where you can enjoy live music performances in a stunning outdoor setting.

Drake Park

Located in the historic Bend area, Drake Park is an inviting destination with its picturesque walking paths, picnic areas, and the peaceful beauty of Mirror Pond. As you enter, you are welcomed by the well-maintained trails that meander through the lush greenery, providing a tranquil and scenic experience. Along the path, there are benches to take a moment to rest and admire the natural beauty. The park also offers picnic tables, the perfect spot for a leisurely lunch or snack with family and friends.

One of Drake Park’s highlights is public river access to Mirror Pond. This iconic spot offers a stunning view of tranquil waters reflecting the landscape. It is a popular spot for kayaking, paddleboarding, and fishing. The park is also known for its restored homes and tall trees that create a peaceful atmosphere.

Drake Park is a beloved spot for locals and visitors alike due to its charming atmosphere and natural beauty. It is a great place for a leisurely walk, family picnic, or simply to enjoy the serenity of Mirror Pond. When you leave Drake Park, you are ready to embark on the Cascade Byway Scenic Drive, where you will be astounded by the majestic mountain views and explore the glorious alpine lakes.

Cascade Byway Scenic Drive

Embarking on the Cascade Byway Scenic Drive will capture your heart with its marvelous mountains and entrancing alpine lakes. This must-do scenic drive takes you through Bend, Oregon, with its beautiful surroundings and outdoor fun.

Beginning at SW Century Drive, the route takes you through hills, meadows, and forests with magnificent views. You’ll come across alpine lakes, including Sparks Lake, Devil Lake, Elk Lake, and Lava Lakes. You can explore these lakes with activities like hiking, biking, fishing, kayaking, and sailing.

Though the road is closed beyond Mt. Bachelor during December to May due to heavy snowfall, the next section will introduce you to the winter delights of Mt. Bachelor. It is only 22 miles away from Bend and has lots of ski options with gorgeous views of the Cascade mountains as well as plenty of winter events.

Buckle up and get ready for a delightful journey along the Cascade Byway Scenic Drive. And don’t forget the exciting skiing opportunities at Mt. Bachelor, where you can enjoy a range of winter activities.

Skiing at Mt. Bachelor

Get ready to shred the slopes and feel the excitement of skiing at Mt. Bachelor. Situated on an extinct volcano, Mt. Bachelor offers over 4,300 acres of skiable terrain, creating a paradise for winter sports enthusiasts. No matter your skill level, there’s something for everyone here.

The mountain offers a stunning 360-degree view of the nearby Cascade mountains, making the scenery alone worth the visit. There are numerous trails, from gentle slopes for the novice to difficult runs for the experienced skiers and snowboarders. Apart from skiing and snowboarding, Mt. Bachelor provides other winter activities, such as snow tubing, Nordic skiing, dogsledding, and snowshoeing.

Come summer, the mountain transforms into a paradise for outdoor lovers. With 13 miles of lift-serviced mountain biking and hiking trails, there are plenty of trails to explore. The trails meander through lush alpine meadows and pine-covered hills, creating a beautiful scenery for your outing.

If you’re planning a trip to Mt. Bachelor, lodging can be found in Bend, just 22 miles away. Whether you’re looking for an adrenaline rush on the slopes or a peaceful hike through nature, Mt. Bachelor is the ideal destination for outdoor fun and adventure.