New Construction Loans in Fayetteville, AR
No matter what type of house you’re building in Fayetteville, AR, a new construction loan could make the project so much simpler!
Building a new property is not as simple as most people think, but it’s not as complicated either. It all starts with finding a good property in an ideal location. For Fayetteville residents, this is not a difficult task. The city is known for its hilly landscape, which makes it a naturally appealing place for those looking to build unique properties. You can find stunning locations in the city for any property you might want to build – as long as you have the funds for it.
If you need lenders to fund your construction project, a new construction loan is exactly what you are looking for. Let’s take a look at how it can assist your building project in Fayetteville, AR.
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How New Construction Loans Help Builders
The entire point of a new construction loan is to finance various aspects of your construction process. The details of how you allocate the funds are up to you, but lenders typically let you borrow money for a few different reasons.
Firstly, a new construction loan in Fayetteville, AR, can help you buy the property you want. If you have had your sight set on a popular property, you could lose it to another buyer if you don’t buy it quickly enough. New construction loans help you avoid this unfortunate situation by keeping your finances secured ahead of time.
Construction loans are also different from mortgages since they are meant to provide only short-term funding. Unlike mortgages, you also don’t have to make a huge payment on a lump sum at once. You can simply make interest-only payments as you go through the construction process. Additionally, you can use the loan to complete the necessary payments involved in buying the property, hiring labor, sourcing building materials, and securing permits.
How We Can Help You Secure Funding
Applying for a loan can be a daunting process. It’s natural to have concerns and reservations about local private hard money lending companies you have not worked with before. That’s where we come in!
Our team at Insula Capital Group has a genuine passion for helping property owners realize their property-building dreams with ease. We have helped many clients successfully obtain new construction loans in Fayetteville, AR and continue to do so. Our reliable services can greatly benefit you despite the scope of your building project.
We offer various types of loans, including new construction loans, fix and flip financing, residential renting programs, and multifamily mixed-use property loans.
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 Contact with Us Today!
Our team is ready to answer any questions you might have; all you have to do is give us a call. Once we know the unique details of your project, we will be able to come up with a funding solution that works perfectly for you.
