New Construction Loans in Salem, OR
Salem is a thriving city in New Hampshire with a strong real estate market. Known for its excellent schools, abundant recreational opportunities, and convenient location near major highways, Salem attracts families and professionals alike.
The city offers a diverse mix of residential and commercial properties, making it a promising location for new construction projects. Insula Capital Group, your trusted partner in real estate financing, is proud to offer new construction loans in Salem, OR, to help turn promising plans into successful projects!
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Why New Construction Loans are a Smart Choice for Builders, Developers, and Investors
New construction loans in Salem, OR, are a popular choice among builders, developers, and investors due to a multitude of reasons. Here are some of the top advantages of opting for a new construction loan:
Customized Loan Packages: New construction loansare tailored to meet the specific needs of each borrower, providing greater flexibility in terms of loan amounts, interest rates, and repayment terms.
Faster Approval Process:Unlike traditional loans, new construction loans typically have a faster approval process, enabling borrowers to access funds quickly and efficiently.
Increased ROI:With the right loan package, developers and investors can realize significant returns on their investment by leveraging the power of new construction loans.
Lower Risk: New construction loansare secured against the value of the property being built, providing lenders with greater security and lowering the risk for borrowers.
In addition to our innovative new construction loans, we also offer fix and flip loans for those looking to refurbish existing properties. These alternative financing solutions can help diversify your investment strategies and further increase your potential returns.
Bringing Your Vision to Life in Salem, OR
If you’re a real estate investor, developer, or builder with a vision for a new construction project in Salem, OR, Insula Capital Group can help make it a reality. Our new construction loans in Salem, OR, provide a reliable source of capital at competitive rates, even if you don’t have an extensive track record of completed projects.
Leverage Your Opportunities Now
Seize the opportunity to make a lasting mark in the thriving Salem real estate market. With a wealth of knowledge and experience, Insula Capital Group is prepared to help you navigate your construction journey. You’re just a prequalification form away from getting started.
At Insula Capital Group, we have deep expertise in the Salem real estate market. Our New Construction Loan program offers a maximum Loan Cost (LTC) ratio of 75% with plans and permits and requires a minimum of three completed projects for the experience.
With a loan term of 1 year and no prepayment penalty, our financing options are designed to be flexible and tailored to your needs. Don’t forget to check out our just-funded projects for a snapshot of our successful partnerships.
Just Funded Projects
June 2022
Fix & Flip
- Weiser, ID
Purchase Price
170,000
Renovation Budget
59,000
Loan Amount
207,000
After Repair Value
309,000
July 2022
Fix & Flip
- Washington, DC
Purchase Price
255,000
Renovation Budget
80,000
Loan Amount
296,750
After Repair Value
450,000
December 2021
Fix & Flip
- Centerreach, NY
Purchase Price
340,000
Renovation Budget
46,050
Loan Amount
321,300
After Repair Value
459,000
November 2021
Fix & Flip
- Hartford, CT
Purchase Price
149,000
Renovation Budget
70,000
Loan Amount
196,650
After Repair Value
290,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
130,000
Renovation Budget
105,300
Loan Amount
209,300
After Repair Value
335,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
62,000
Renovation Budget
60,000
Loan Amount
106,500
After Repair Value
176,000
November 2021
Fix & Flip
- North Babylon, NY
Purchase Price
310,000
Renovation Budget
32,750
Loan Amount
311,750
After Repair Value
495,000
November 2021
Fix & Flip
- East Hampton, NY
Purchase Price
1,250,000
Renovation Budget
577,465
Loan Amount
1,577,465
After Repair Value
2,487,500
November 2021
Fix & Flip
- Jersey City, NJ
Purchase Price
525,000
Renovation Budget
240,650
Loan Amount
848,800
After Repair Value
831,000
What we offer
All Loan Services
Fix And Flip Loans
Fix And Flip Loans
Ground Up Construction
Ground Up Construction
Rental Property Loans
Rental Property Loans
Commercial Property Loans
Commercial Property Loans
Thousands of Clients Trust Our Company
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Ready to apply for a New Construction loan?
Frequently Asked Questions
Real estate investors, developers, and builders are eligible for Insula Capital Group’s new hard money construction loans.
The maximum Loan to Cost ratio offered is 75% with plans and permits.
1–4 Family properties are eligible for this loan program.
Dreams into Reality: Your Success Starts Here
Are you ready to turn your Salem, OR, construction dreams into an impressive reality? Don’t let financing be a hurdle. With Insula Capital Group by your side, your ambitions will know no bounds. Reach out to us today to learn more about our new construction loans and other financing solutions. Together, let’s build the future of Salem, OR.
Get in Touch Today!
Ready to bring your vision to life in Salem, OR? Contact Insula Capital Group today to learn more about our new construction loans in Salem, OR, and how we can help you secure the funding you need to make your project a success. Start your full loan application process now.
