New Construction Loans in Auburn, ME
Are you planning on building a new property in Auburn, ME? That’s a great idea!
Real estate developers and investors can get great returns on investment in Auburn, ME. The city might be small, but it has some great plots up for grabs. Property investors looking to buy land and build a property on it from scratch can now easily acquire funds to do so. As a private money lending company, Insula Capital Group is making this task simple for investors. Read more to learn how.
Gain Financial Support with Our New Construction Loans in Auburn, ME
When it comes to construction projects, there is only so much you can pay for out of your own pocket. Most real estate investors require external funding sources, which is made easier with Insula Capital Group’s loan programs!
Our services are tailored to each investor’s unique requirements. If you need financial support to cover the costs of your 1-4 property construction, then our new construction loans are designed for you. These short-term loans can finance up to 100% of your construction costs.
How Insula Capital Group Can Help You
Our expert underwriters understand the stress that comes with building a new property from scratch. Our years of experience in the industry have enabled us to curate specialized contracts that address your specific funding requirements. This is why all of our loan contracts are underwritten in-house. Check out our just-funded projects to see how we’ve helped previous clients.
We also understand that time is of the essence in every property construction project. To help you start and finish your project on time, we try to approve your new construction loan within 24 hours. It takes us only about five additional days to fund your loan. Go through our FAQs to learn more!
Just Funded Projects
We are a leading nationwide private lender & real estate investment company.
- Fix & Flip
- July 2022Washington, DC
| Purchase Price: | $255,000 |
| Renovation Budget: | $80,000 |
| Loan Amount: | $296,750 |
| After Repair Value: | $450,000 |
- Fix & Flip
- June 2022Weiser, ID
| Purchase Price: | $170,000 |
| Renovation Budget: | $59,000 |
| Loan Amount: | $207,000 |
| After Repair Value: | $309,000 |
- Fix & Flip
- July 2022Washington, DC
| Purchase Price: | $255,000 |
| Renovation Budget: | $80,000 |
| Loan Amount: | $296,750 |
| After Repair Value: | $450,000 |
- Fix & Flip
- June 2022Weiser, ID
| Purchase Price: | $170,000 |
| Renovation Budget: | $59,000 |
| Loan Amount: | $207,000 |
| After Repair Value: | $309,000 |
Multifamily/Mixed Use
Fix & Flip Calculator
Fix & Flip Financing
New Construction
Hard Money Loan
Residential Rental Program (Buy & Hold)
Private Lending Done Right.
A leading nationwide private lender & real estate investment company.
Frequently Asked Questions
Our new construction loans in Auburn, ME, offer a maximum of 75% loan-to-cost ratio.
You might be eligible for reimbursement if you bought materials before securing the loan. Contact your underwriter for confirmation.
No. Our new construction loans are only for covering the construction costs of 1-4 properties. For renovation cost coverage, you can apply for our fix & flip loans instead.
Get in Touch with Us Today
If you are ready to start the loan application process, simply fill out our online application forms! You can apply to prequalify via our website, too. For further information, please contact our team directly.