New Construction Loans in Dover, DE
Are you ready to bring your ideal property to life in Dover, DE? Start by getting your financial status situated!
Dover has been a great prospect for real estate investors and developers for a few years now. You will find a unique blend of modernity and history in this city that remains unmatched. If you are an imaginative property developer looking to build a new property in Dover, you could substantially benefit from a new construction loan.
Learn how Insula Capital Group can help you secure a new construction loan in Dover, DE.
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Make Your Project Stress-Free by Securing a New Construction Loan in Dover, DE
Typically, housing-related loans like mortgages only apply to finished properties that are about to be occupied. They help buyers finance their property purchases. But what if you want lenders to finance a property you haven’t even built yet? This is when you will likely require a new construction loan.
New construction loans, unlike mortgages, are designed to offer short-term funding to property developers. Most new construction loans in Dover have a term of six months to one year. Also, unlike some other types of loans, new construction loans do not need to follow a single-disbursement lump-sum format. Instead, new construction hard money lenders offer a series of disbursements. Borrowers can request to draw these funds as per the phases of their projects. Get in touch with us for more details about our loan deals.
Check out our new construction loan FAQs for further details.
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
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Let Insula Capital Group Help You Get the Funding You Need
Our team consists of highly experienced underwriters who have been in the industry for over 30 years. We use our market insight and expertise to help you find financing solutions that work for you.
You can go through our just-funded projects to learn more about how we conduct business. We serve clients all across Delaware, so feel free to get in touch with us to discuss your funding concerns. Simply call us to book a consultation. You can apply through our website by filling out an application form, too.
Ready to apply for a New Construction loan?
Frequently Asked Questions
Every hard money lender in Dover, DE, has different qualification criteria. Insula Capital Group only offers construction loans to investors who have a portfolio of at least 3 completed projects.
You can use your construction loan funds for land acquisition, labor wages, purchase of materials, and permit acquisition.
We only offer new construction loans for one-to-four family properties. If you want to build a different kind of property, you can go for our multifamily or mixed-use construction loans.
