Great Lakes Private Lending for Wisconsin investors
Great Lakes Private Lending is a smaller regional private money operator with Chicago and Wisconsin coverage.
Wisconsin context
Wisconsin strong duplex and multi-unit DSCR. Property tax burden meaningful.
How Great Lakes Private Lending positions in Wisconsin
Within Wisconsin, Great Lakes Private Lending competes alongside other DSCR lenders. Great Lakes Private Lending strengths: regional Midwest focus, investor-friendly underwriting. The high aggregate DSCR economics of Wisconsin create demand for Great Lakes Private Lending programs in Milwaukee and Madison particularly.
City-level coverage in Wisconsin
Great Lakes Private Lending provides DSCR coverage across Wisconsin metros including Milwaukee, Madison, and Green Bay. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Great Lakes Private Lending program terms apply uniformly across Wisconsin 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 |
| Wisconsin property tax | 2.1% |
| Wisconsin state income tax | 7.65% |
Great Lakes Private Lending strengths in Wisconsin
- regional Midwest focus
- investor-friendly underwriting
Ideal borrower: Chicago or Wisconsin investor
FAQ
Likely; verify direct Wisconsin coverage. Great Lakes Private Lending is based in Chicago, IL and operates in Chicago and Wisconsin.
Milwaukee is the top investor market in Wisconsin and is generally within Great Lakes Private Lending Chicago and Wisconsin footprint. Milwaukee property tax follows the Wisconsin state rate of 2.1 percent. Great Lakes Private Lending typically underwrites Milwaukee acquisitions at standard rate sheets.
Yes. Madison ranks among the larger Wisconsin investor metros and sees consistent DSCR loan volume from Great Lakes Private Lending. Submarket variation within Madison matters for property selection.
Great Lakes Private Lending applies the same rate sheet across Wisconsin metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Milwaukee, Madison, and Green Bay 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.
Wisconsin strong duplex and multi-unit DSCR. Property tax burden meaningful. Great Lakes Private Lending follows standard business-purpose loan structures.
Great Lakes Private Lending funds fix-and-flip, bridge, rental, private notes in Wisconsin.
Wisconsin 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
Wisconsin 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.