New Construction Loans in Boca Raton, FL
Are you planning on building a property in Boca Raton, FL, without a new construction loan? You might be making a mistake!
The nationwide appeal of Boca Raton’s beaches is not the only thing attracting property builders to the city. The local real estate market is also a great one to invest in. Unfortunately, property development is an expensive venture, no matter where you do it in Florida. The simple solution to this is getting a new construction loan in Boca Raton.
Here’s how construction loans help innovative property builders across Florida.
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Get Rid of Your Financial Restraints by Securing a New Construction Loan in Boca Raton, FL
When you’re building a property on a budget, you end up wasting money on substandard materials. The quality of labor and materials you use for your construction project makes a world of difference. Skilled contractors and higher-quality building supplies are surely costlier but offer more longevity. Getting a new construction loan would enable you to invest in these aspects as desired. It allows property builders like you to get rid of their financial restraints.
A typical construction loan in Boca Raton, FL, holds a term of 6 months to 1 year. The lenders will also disburse the funds in sync with the various phases of your construction project. Learn more details about our new construction loans in Boca Raton by reading the following FAQs.
Why Choose Insula Capital Group?
Insula Capital Group specializes in curating real estate financing solutions for clients all across the US. Our underwriters have been serving the industry for over 30 years, making them highly experienced and skilled at what we do.
If you want better insight into how we conduct business, you can go through our just-funded project page. We prioritize the quality of our work over all else, which is also why we only work with passionate investors. You don’t need to have a big portfolio, but we do require at least three completed projects as a qualification. When working with us, you will have all of your financing concerns addressed quickly and effectively.
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
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Single-family Rental Loans
Single-family Rental Loans
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Hard Money Lenders
Hard Money Lenders
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Development Loans
Development Loans
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Commercial Property Loans
Commercial Property Loans
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Commercial & Residential Land Loans
Commercial & Residential Land Loans
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Bridge Loans
Bridge Loans
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Cash-Out Refinance Loans
Cash-Out Refinance Loans
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Rental Property Loans
Rental Property Loans
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Investment Property Loans
Investment Property Loans
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New Construction Loans
New Construction Loans
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Fix And Flip Loans
Fix And Flip Loans
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Multifamily Bridge Loans
Multifamily Bridge Loans
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New Construction
New Construction
Ready to apply for a New Construction loan?
Frequently Asked Questions
You can use our new construction loan in Boca Raton, FL, to pay for land acquisition costs, permit costs, design costs, contractor wages, and building materials costs.
We apply no prepayment penalties.
Our new construction loans have an after-completed value of up to 70%.
Call Your Trusted Lenders Today!
You can get started by contacting our team in Boca Raton, FL. We also accept applications through our website. So, go fill out an application form, and we’ll have a representative reach out to you!