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.
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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
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
Fix And Flip Loans
Fix And Flip Loans
Ground Up Construction
Ground Up Construction
Rental Property Loans
Rental Property Loans
Commercial Property Loans
Commercial Property Loans
Thousands of Clients Trust Our Company
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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.
