New Construction Loans in Delaware
It all started with Delaware!
The First State brings hundreds of new residents to its beaches every year. It has also become increasingly appealing to investors and developers because of its booming real estate market.
As the costs of buying a property rise across Delaware, so do the costs of building one. If you’re a new property developer planning to start a construction project soon, it’s important to know if you can finance it by yourself. If you can’t, a new construction loan could be your saving grace!
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Secure a New Construction Loan for a Stress-Free Construction Project
There are many critical aspects involved in building a property, and all of them can cause you financial stress. Whether it’s acquiring permits or hiring contractors, you will need a substantial amount of money set aside for each phase of your project. New construction loans in Delaware can help you sort this problem out.
Insula Capital Group has been offering construction loans to Delaware investors and property developers for a long time. Our loans can help you finance every phase of your construction project. You can invest the disbursed funds in buying building materials, getting permits, and onboarding skilled labor. You can even set some of this money aside in case any unanticipated expenses occur during the construction.
Take a look at our FAQs to get better insight into our new construction loan plans.
Why Choose Insula Capital Group
You can find many real estate lenders in Delaware, so why should you choose us?
Firstly, Insula Capital Group has been helping investors and owners all across Delaware for many years. Our team of expert underwriters has a collective experience of over 30 years in the industry. That’s why we are able to extend our expertise towards helping you get the financial solutions you need.
Secondly, we offer some of the most suitable loan terms you will find in the state. We take every client’s unique project requirements into consideration when preparing a financial solution for them.
And lastly, our services are exceptionally reliable. You can check out our recently funded projects to see how we help clients secure funding. We even offer other types of financing, like fix & flip loans, residential rental programs, and multifamily & mixed-used loans.
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
Single-family Rental Loans
Single-family Rental Loans
Hard Money Lenders
Hard Money Lenders
Development Loans
Development Loans
Commercial Property Loans
Commercial Property Loans
Commercial & Residential Land Loans
Commercial & Residential Land Loans
Bridge Loans
Bridge Loans
Cash-Out Refinance Loans
Cash-Out Refinance Loans
Rental Property Loans
Rental Property Loans
Investment Property Loans
Investment Property Loans
New Construction Loans
New Construction Loans
Fix And Flip Loans
Fix And Flip Loans
Multifamily Bridge Loans
Multifamily Bridge Loans
New Construction
New Construction
Thousands of Clients Trust Our Company
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Ready to apply for a new construction loan?
Frequently Asked Questions
Our new construction loan term is 1 year.
You need investing experience of at least three completed projects to qualify for our new construction loans in Delaware.
We offer a 75% loan-to-cost ratio, including plans and permits.
We don’t apply any prepayment penalties.
Get in Touch with Us!
If you’re ready to get started, give our team a call! You can simply contact us to book a consultation, discuss your concerns, and let us take it from there. We’ll have a contract ready for you in no time.
