Great Lakes Private Lending for Montana investors
Great Lakes Private Lending is a smaller regional private money operator with Chicago and Wisconsin coverage.
Montana context
Montana DSCR tight after recent appreciation. Bozeman strong growth from Yellowstone proximity.
How Great Lakes Private Lending positions in Montana
Montana is well covered by national DSCR lenders, with Great Lakes Private Lending as one option. Where Great Lakes Private Lending differentiates: regional Midwest focus. Where it competes: rates 9.5 to 12.5 percent against peer programs.
City-level coverage in Montana
Great Lakes Private Lending provides DSCR coverage across Montana metros including Billings, Bozeman, and Missoula. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Great Lakes Private Lending program terms apply uniformly across Montana 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 |
| Montana property tax | 0.8% |
| Montana state income tax | 6.75% |
Great Lakes Private Lending strengths in Montana
- regional Midwest focus
- investor-friendly underwriting
Ideal borrower: Chicago or Wisconsin investor
FAQ
Likely; verify direct Montana coverage. Great Lakes Private Lending is based in Chicago, IL and operates in Chicago and Wisconsin.
Billings is the top investor market in Montana and is generally within Great Lakes Private Lending Chicago and Wisconsin footprint. Billings property tax follows the Montana state rate of 0.8 percent. Great Lakes Private Lending typically underwrites Billings acquisitions at standard rate sheets.
Yes. Bozeman ranks among the larger Montana investor metros and sees consistent DSCR loan volume from Great Lakes Private Lending. Submarket variation within Bozeman matters for property selection.
Great Lakes Private Lending applies the same rate sheet across Montana metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Billings, Bozeman, and Missoula 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.
Montana DSCR tight after recent appreciation. Bozeman strong growth from Yellowstone proximity. Great Lakes Private Lending follows standard business-purpose loan structures.
Great Lakes Private Lending funds fix-and-flip, bridge, rental, private notes in Montana.
Montana 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
Montana investors considering Great Lakes Private Lending should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with Great Lakes Private Lending.