Private Money Lenders | Hard Money Loans in Auburn, ME

Yes, we offer pre-qualifications for hard money loans at Insula Capital Group. Pre-qualifications allow you to understand your borrowing capacity and provide assurance when making offers on properties in Auburn, ME.

By assessing your financial situation and evaluating the potential of your investment plan, we can provide a pre-approval letter that strengthens your position as a serious buyer. This gives you a competitive edge in the real estate market and enables you to act swiftly when the right opportunity arises.

Hard money loans may involve various fees, including origination, underwriting, and closing costs.

At Insula Capital Group, we are transparent about our fee structure and provide clear explanations of the associated costs. These fees are typically included in the loan amount, minimizing the upfront out-of-pocket expenses.

Our team will discuss the specific fees applicable to your loan and ensure that you understand the costs involved before proceeding with the loan. We also do not have any pre-payment penalties or other hidden charges.

To apply for a hard money loan with Insula Capital Group, you will need to provide essential documentation. This typically includes a completed loan application, a purchase and sale agreement, property appraisal or valuation, proof of insurance, and financial statements.

Additionally, we may request documentation related to your experience as a real estate investor and details about the property’s condition. Our team will guide you through the documentation process, ensuring that you have a clear understanding of the requirements and assisting you in gathering the necessary information for a smooth application