New Construction Loans in Biddeford, ME
The real estate market in Biddeford, ME, is often overlooked. Regardless, it poses some great opportunities for property developers and investors.
There are many for-sale plots in Biddeford, ME, that local investors are now turning their attention to. If you are one such investor looking to build a new property in this city, you could greatly benefit from a new construction loan. A new construction loan can enable you to secure funding ahead of time. It can also enable you to invest in high-quality materials when constructing your ideal property! Learn more below.
Should You Get a New Construction Loan in Biddeford, ME?
Many property investors are hesitant to take out construction loans due to their strict terms. However, finding a reliable private money lender can significantly simplify the process for you. This is where Insula Capital Group comes in.
We offer new construction loans in Biddeford, ME, with flexible payment terms and no junk fees. Applying for and securing this loan can be the saving grace of your construction project. You can use it to finance up to 100% of your construction project.
Let Insula Capital Group Be Your Trusted Private Money Lender
We have been in business for over three decades, making us one of the most reliable hard money lending companies out there. When you work with our skilled underwriters, transparency and quick service will no longer be of concern. We create specialized contracts for each client in-house!
Our new construction loan program applies to 1-4 family properties only, but we do offer other loan programs as well.These programs include fix & flip loans, multifamily & mixed-use loans, and residential rental loans.
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
Yes! You can use your new construction loan to cover any costs involved in the construction process.
We require documentation pertaining to your credit authorization, personal financial statement, real estate portfolio, and scope of work. Click here to download all of these forms from our website.
We will determine your interest rate after we evaluate your application. It will depend on factors like your credit score, payment history, and economic conditions.
How to Apply for Our Loan Programs
If you are ready to apply for any of our loan programs, fill out the full application forms available on our website! You can also directly contact our representatives via phone call or email if you have any questions.