New Construction Loans in Colorado
Building a home in Colorado could be one of the best investments you ever make!
Colorado is arguably among the best places to live in the US. You can enjoy a quality of life here that many other large states don’t offer. This is also why hundreds of people move into Centennial State every year.
The living standards in the state also make it highly appealing to property owners and builders. However, if you want to build a home here but don’t have sufficient means to do it, new construction loans in Colorado might be the best option for you.
What are New Construction Loans?
Building a home is always a costly venture. You need to set a large amount of money aside in order to finance every aspect of the project. This is not a feasible option for most people due to their limited savings or income.
Lenders offer new construction loans to combat this problem. Construction loans are an ideal short-term financing option for aspiring homeowners. Let’s say you have your eye on a plot of land that you want to build on but can’t afford to buy right away. You could apply for a new construction loan and get the situation sorted out in no time!
A construction loan can be used to finance any or all steps involved in your project. You can use the funds to buy a property, hire contracted labor, acquire materials and supplies, and secure permits.
How to Get a New Construction Loan in Colorado
If you are new to the Colorado housing market, finding lenders you can trust can be difficult. Fortunately, our team at Insula Capital Group is here to help you!
We have gained important insight into the Colorado real estate market through our years of business as a private lending company. Despite the scope of your construction project, our team can come up with financing solutions that work for you. You can simply get in touch with our loan experts to discuss your unique project concerns. We excel at finding specialized solutions for each client per their specific requirements, so leave the complicated steps to us.
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.
Get in Touch with the Insula Capital Group Team!
Our team at Insula Capital Group is available from Monday to Friday. You can reach out to us at any time between 9 am to 5 pm.
The process of getting a new construction loan in Colorado is simple, too. You just have to obtain the specialized contract we create for you, fill out an application, provide the minimal documentation we request, and that’s it! You will be ready to close the loan in no time.
Feel free to visit our website for more information.