Great Lakes Private Lending for Idaho investors
Great Lakes Private Lending is a smaller regional private money operator with Chicago and Wisconsin coverage.
Idaho context
Idaho high-growth state, especially Boise area. DSCR economics tightened after 2020-22 appreciation. Coeur d'Alene STR active.
How Great Lakes Private Lending positions in Idaho
The Idaho lender pool for DSCR includes Great Lakes Private Lending among the active platforms. Idaho top metros (Boise, Idaho Falls, Coeur d'Alene) see meaningful Great Lakes Private Lending loan volume.
City-level coverage in Idaho
Great Lakes Private Lending provides DSCR coverage across Idaho metros including Boise, Idaho Falls, and Coeur d'Alene. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Great Lakes Private Lending program terms apply uniformly across Idaho metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, bridge, rental, private notes |
| Loan size | $50K - $2.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 70% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 5-10 days typical |
| Idaho property tax | 0.7% |
| Idaho state income tax | 5.8% |
Great Lakes Private Lending strengths in Idaho
- regional Midwest focus
- investor-friendly underwriting
Ideal borrower: Chicago or Wisconsin investor
FAQ
Likely; verify direct Idaho coverage. Great Lakes Private Lending is based in Chicago, IL and operates in Chicago and Wisconsin.
Boise is the top investor market in Idaho and is generally within Great Lakes Private Lending Chicago and Wisconsin footprint. Boise property tax follows the Idaho state rate of 0.7 percent. Great Lakes Private Lending typically underwrites Boise acquisitions at standard rate sheets.
Yes. Idaho Falls ranks among the larger Idaho investor metros and sees consistent DSCR loan volume from Great Lakes Private Lending. Submarket variation within Idaho Falls matters for property selection.
Great Lakes Private Lending applies the same rate sheet across Idaho metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Boise, Idaho Falls, and Coeur d'Alene all qualify for the same Great Lakes Private Lending program.
Great Lakes Private Lending indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Idaho high-growth state, especially Boise area. DSCR economics tightened after 2020-22 appreciation. Coeur d'Alene STR active. Great Lakes Private Lending follows standard business-purpose loan structures.
Great Lakes Private Lending funds fix-and-flip, bridge, rental, private notes in Idaho.
Idaho allows standard DSCR prepay structures; Great Lakes Private Lending typically uses 3-5 year step down.
Great Lakes Private Lending typical close: 5-10 days typical.
Bottom line
For Idaho DSCR borrowers, Great Lakes Private Lending is one option among many. Compare against 2-3 lender programs before committing.
Independent directory listing. DSCR Loan Program is not affiliated with Great Lakes Private Lending.