New Construction Loans in Maine
Maine is undoubtedly a great place to live in. Many investors and property developers across the state are buying more land now. Building upon your plot of land can be a hassle for multiple reasons and all of them related to insufficient funding.
If you are a real estate investor planning a new construction project in Maine, you could greatly benefit from our new construction loans. This loan program is specifically designed to support you, so learn what it can do for you below!
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Expedite Your Construction Project with a New Construction Loan in Maine
A new construction loan is a short-term loan meant to provide financial lending sources for property developers and investors. When planning a construction project, you need to find funding resources to fulfill obligations like paying contractor wages. Your project cannot proceed without such resources.
The best option for you might be getting a new construction loan in Maine. The new construction loans offered by Insula Capital Group can be used to finance up to 100% of all the costs involved in your construction process!
Reach out to our team for more details about our new construction loans.
Work with Insula Capital Group’s Expert Underwriters
Our team consists of expert private money lenders and underwriters who have been in the industry for many years. They use their expertise to find the most suitable financial solutions that can be tailored to your unique project. We understand that every investor has a different vision for the property they want to build. We conduct our initial client interviews with this knowledge in mind. Take a look at our recently-funded projects to get a better idea of how we can help you.
Learn more about our loan programs with the FAQs below.
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
Single-family Rental Loans
Single-family Rental Loans
Hard Money Lenders
Hard Money Lenders
Development Loans
Development Loans
Commercial Property Loans
Commercial Property Loans
Commercial & Residential Land Loans
Commercial & Residential Land Loans
Bridge Loans
Bridge Loans
Cash-Out Refinance Loans
Cash-Out Refinance Loans
Rental Property Loans
Rental Property Loans
Investment Property Loans
Investment Property Loans
New Construction Loans
New Construction Loans
Fix And Flip Loans
Fix And Flip Loans
Multifamily Bridge Loans
Multifamily Bridge Loans
New Construction
New Construction
Thousands of Clients Trust Our Company
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Book an Initial Interview Today
When you apply for our new construction loans via the application forms on our website, we will have a representative reach out to you. Then, we can have an initial interview and come up with a specialized contract for you. You can also contact us directly for any queries.
Ready to apply for a New Construction loan?
Frequently Asked Questions
No. You will be able to request draws for the funds you want to use as per the needs of each project phase.
We typically approve loans within 24 hours of receiving your application and conducting an initial interview. Your loan can then get funded in the next 5 business days.
Yes. We offer fix and flip financing solutions for investors who want to renovate properties to resell them.
