New Construction Loans in Bangor, ME
Contrary to popular belief, constructing a property in small cities like Bangor, ME, can still be a big investment. Many real estate developers and investors in Bangor struggle to manage construction costs on their own. For such investors, getting a new construction loan in Bangor, ME, is the best option.
New construction loans by private hard money lenders like Insula Capital Group can help you kick-start your project whenever you want. You don’t have to keep delaying construction because of a lack of funding anymore. We can help you get funded within a week! Learn more below.
Get in Touch
What a New Construction Loan in Bangor, ME
As a private money lender based in Orlando, FL, we have an in-depth understanding of the local market dynamics. We leverage our local expertise to offer customized financing solutions for homeowners and investors. We offer highly competitive interest rates to ensure your borrowing costs remain affordable and within reach. Our transparent fee structure ensures there are no hidden surprises along the way.
Time is money, and we value both. Our streamlined approval process enables us to provide quick financing, often within days so that you can capitalize on your investment opportunities without delay. Our loan deals also have other exceptional features like no junk fees, extensive loan terms, no pre-payment penalties, and much more.
Reach out to us for more details.
Why Work with Insula Capital Group?
Insula Capital Group is run by a team of highly skilled and experienced underwriters who are passionate about helping real estate investors. With over 30 years in business, we have garnered a reputation for being reliable and quick with our services.
If you don’t need a new construction loan, you can still check out our other loan programs. Whether you’re applying for mixed-use property construction loans or fix & flip financing, you can greatly benefit from our 24-hour approval process. Feel free to take a look at projects we’ve funded recently for more insight!
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
New Construction
New Construction
Multifamily Bridge Loans
Multifamily Bridge Loans
Fix And Flip Loans
Fix And Flip Loans
New Construction Loans
New Construction Loans
Investment Property Loans
Investment Property Loans
Rental Property Loans
Rental Property Loans
Cash-Out Refinance Loans
Cash-Out Refinance Loans
Bridge Loans
Bridge Loans
Commercial & Residential Land Loans
Commercial & Residential Land Loans
Commercial Property Loans
Commercial Property Loans
Development Loans
Development Loans
Hard Money Lenders
Hard Money Lenders
Single-family Rental Loans
Single-family Rental Loans
Thousands of Clients Trust Our Company
As seen on:
Ready to apply for a new construction loan?
Frequently Asked Questions
Your exact loan terms and conditions will be determined after we conduct your initial interview. However, we do typically let borrowers use their funds for any construction-related expenses.
You need minimal experience to qualify for our new construction loans! We only require investors to have a portfolio of three completed projects at most.
You can head over to our website to get a list of the documentation we require.
Are You Ready to Get Funded?
Our expert underwriters are waiting to hear from you! You can submit a loan application online through our website today. If you’d like to contact us directly, feel free to do so between 9 am to 5 pm on weekdays.
