Private Money Lenders | Hard Money Loans in Portland, ME

Private money lenders like Insula Capital Group typically evaluate loan applications based on the value of the property being used as collateral. Factors such as the property’s location, condition, and potential for profitability are considered.

Credit history and income verification may have less significance than traditional lenders, as the focus is primarily on the property’s value and the borrower’s overall plan.

The approval process for hard money loans in Portland, ME, is often quicker than traditional loan options. Typically, it can take anywhere from a few days to a couple of weeks to complete the underwriting process and receive approval. The streamlined process allows borrowers to secure financing promptly, enabling them to take advantage of investment opportunities without delays.

At Insula Capital Group, we pride ourselves on quick approvals and can often get loans approved within 24 hours.

Hard money loans in Portland, ME, are versatile and can be used for various property types. This includes residential properties, commercial buildings, multi-unit properties, and even land acquisitions.

Whether you’re interested in purchasing, renovating, or refinancing a property, hard money lenders like Insula Capital Group can provide the necessary funding for a wide range of real estate ventures.