Green Bay Hard Money Lender

Green Bay Hard Money Lender

In the Green Bay 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. Green Bay 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.

Green Bay Hard Money Lender FAQ’S

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

What Do Green Bay Hard Money Lenders Specialize in?

Green Bay 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 Green Bay Hard Money Loans?

Green Bay 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 Green Bay Hard Money Lenders Look at my Credit Score?

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

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

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

There are many benefits to working with a Green Bay 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 Green Bay 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 Green Bay, 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 Green Bay?

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

Refinance a Green Bay 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 Green Bay 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 Wisconsin: Hard money loans in Wisconsin

Current Real Estate Trends In Green Bay (2024)

The real estate market in Green Bay has seen a boom in the past year, with median home prices increasing by 20.6%. As of October 2023, the median listing price is $339.9K and the median sale price is $285K, with sale-to-list ratio of 101.4%.

Homes in Green Bay have a relatively short market time, with an average of 34 days. Despite this, the next 36 months may show a decrease in the median home price, making it unfavorable for investing.

This analysis aims to provide an overview of the current real estate trends in Green Bay and help make decisions regarding investment.

Market Overview

The Green Bay housing market in October 2023 reveals a median listing home price of $238,233 and a median sale price of $240,817, indicating a steady and potentially profitable market for buyers and sellers.

Inventory is plentiful with 268 homes for sale and 97 new listings.

The sale-to-list price ratio of 101.4% shows that sellers are receiving offers near their asking price.

Furthermore, the average days on market is 34, suggesting that homes are selling relatively quickly.

These figures indicate a market that is competitive yet favorable for both buyers and sellers.

As such, it is essential to consider the outlook and predictions for the Green Bay housing market.

Forecast and Predictions

Data suggests that the future of the housing market in Green Bay City may not be favorable for investments. Home values have fluctuated over the last year and are expected to decrease in the next 12 months.

Furthermore, the median sale price is also declining and sale-to-list ratio is lower. Potential investors should take all these factors into account before making any decisions.

Investment Potential

The Green Bay real estate market has been bullish over the last year, with median home prices rising by 73.337%. However, the average annual return from property investment in Green Bay has been unstable, with negative figures recorded in 2020 and 2021.

It is expected that sales prices in the city will increase by 11.341% in the next decade, suggesting potential long-term growth. Unfortunately, the coming 36 months may show a downward trend, making buying a house in Green Bay not the best choice for short-term returns.

Individuals looking to invest in the housing market should research other cities with more favorable market conditions.


All About Green Bay

Welcome to Green Bay, a vibrant city with a rich history and diverse cultural scene. Nestled at the head of the bay and the mouth of the Fox River, it’s a bustling hub of activity, with something for everyone.

Home to the third-largest city on Lake Michigan and the third-most populous city in Wisconsin, Green Bay is an economic center boasting a thriving manufacturing, healthcare, and education sector. Not to mention its connection to the legendary NFL team, the Green Bay Packers.

With its convenient transportation and favorable business environment, the city is open to growth and offers endless possibilities.

From exploring the city’s museums, theaters, and art galleries, to outdoor activities such as boating, fishing, and hiking, Green Bay has something for everyone.

Come and discover all that the city has to offer!

Location and Geography

Green Bay is located at the head of Green Bay, which is a sub-basin of Lake Michigan. This puts it near the majestic Lake Michigan, allowing for beautiful views and a variety of water activities. The city is also right at the mouth of the Fox River, adding to its scenic beauty. Locally, the bay is known as the bay of Green Bay, and it certainly stands out in the city’s landscape.

Green Bay is the third-most populous city in Wisconsin. It has a population of 107,395, as of the 2020 Census, making it a significant city in the state and region. Its location and natural beauty make it a great city to explore.

Now let’s look at the city’s population and size. Green Bay is smaller than Milwaukee and Madison, but is the third-largest city on Lake Michigan, with Chicago and Milwaukee being bigger cities in the area. It has grown and developed over the years, making it an interesting city to learn about.

Population and Size

Green Bay is a city in Wisconsin with a population of 107,395 recorded in the 2020 Census. It is the third biggest city in the state, behind Milwaukee and Madison. Despite not being as large as its nearby cities, Green Bay is a great place to visit and experience. Situated at the head of Green Bay and the mouth of the Fox River, the city is close to Lake Michigan. It is the county seat of Brown County and also the third-largest city on Lake Michigan, after Chicago and Milwaukee.

Green Bay is also the focal point for the Green Bay Metropolitan Statistical Area, which takes up a large portion of northeastern Wisconsin including Brown, Kewaunee, and Oconto counties. This area is significant for its economic and cultural importance, and Green Bay is the hub. While the city may not be the biggest in Wisconsin, it is highly significant and influential.

Metropolitan Statistical Area

Discover the booming economic and cultural environment of the Green Bay Metropolitan Statistical Area, where exciting prospects and an interesting past await. Centered around the city of Green Bay, the region encompasses Brown, Kewaunee, and Oconto counties.

The area is renowned for its economic vitality, with a wide range of industries from manufacturing to health and education. Major businesses are based here, contributing to its numerous and strong economy. The Port of Green Bay is a key part of facilitating maritime trade and commerce, further enhancing the city’s economic significance.

But the Green Bay Metropolitan Statistical Area is not just about money. It has a long and varied history and culture as well. As the county seat of Brown County, Green Bay is home to many museums, theaters, and art galleries that will bring history and culture to life. Throughout the year, various festivals and events take place in the city, celebrating the culture of the region.

And for those who love the outdoors, there are plenty of activities to enjoy. From sailing and fishing on Lake Michigan to walking in the parks and natural beauty of the area, there is something for everyone.

So, experience the heritage and culture of Green Bay, where the past and present come together to form a lively and dynamic metropolitan area.

Historical and Cultural Significance

The Green Bay Metropolitan Statistical Area holds a captivating history and cultural richness. Long ago, the Menominee and Ho-Chunk tribes inhabited the land, appreciating its natural grandeur and abundant resources.

European settlers arrived in the 1700s, marking the beginning of a period of exploration and commerce. Throughout the years, Green Bay has transformed into a city that values its multicultural heritage.

From the beloved Packers to the thriving art community, there is something for everyone in Green Bay. The Neville Public Museum and National Railroad Museum serve as prime examples of the area’s heritage and accomplishments.

Festivals like ArtStreet and Summer in the Park celebrate local talent and creativity. These events recognize the city’s deep connection to the NFL and the renowned Green Bay Packers.

Embark on a journey to uncover the city’s ties to the NFL and the legendary Green Bay Packers. You’ll soon understand why Green Bay is cherished by its citizens.

Connection to the NFL

Unveiling the legendary connection between the NFL and a city full of football heritage, Green Bay is acknowledged as the home of the National Football League (NFL) team, the Green Bay Packers. The Packers have a devoted fan base and a long history which has established them in football lore. Playing their home games at the renowned Lambeau Field, the team has gained remarkable success, including multiple Super Bowl wins.

The Green Bay Packers’ successes on the field have not only brought glory to the team but have also contributed to the city’s reputation. The Packers are a source of great pride for the people, and game days in Green Bay are full of enthusiasm and spirit. The team’s historic triumphs have made the city a destination for football lovers from all over the world.

Lambeau Field, fondly referred to as ‘The Frozen Tundra,’ is more than just a stadium; it is a symbol of Green Bay’s connection to the NFL. The stadium’s long-standing history and customs, such as the Lambeau Leap, have become associated with the Packers and are treasured by fans and players alike.

Green Bay’s deep-rooted relationship with the NFL is a testament to the city’s passion for the sport and their persistent support for their team. The Packers have brought the community together and created a lasting legacy that still stands strong today.