New Construction Loans in Newark, DE
Building a new property in small towns like Newark, DE, can be just as challenging as doing it anywhere else. You still need to invest heavily in buying land and getting a permit to build on it. All the costs involved in hiring reliable contractors and buying high-quality building materials can also put a dent in your pocket.
Instead of trying to self-finance your entire construction project, you’d be better off getting a new construction loan in Newark, DE. Here’s how Insula Capital Group can help you do it!
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Get a New Construction Loan in Newark, DE, to Expedite Your Construction Project
New construction loans are designed specifically to help property builders, and investors finance every stage of their construction project. Whether you’re building a one-to-four-family home, mixed-use property, or multifamily property, you could greatly benefit from a new construction loan.
A major convenience factor of new construction loans is the flexible payment terms they offer. Instead of having to deal with a one-time lump sum payment, you can draw your construction loan funds as your project progresses. Hard money lenders allow you to draw a certain portion of the loan as each new stage of your project starts. Schedule a meeting with our team to learn more about our hard money lending process.
Here are some FAQs to help you learn more about our new construction loans in Newark, DE.
Just Funded Projects
June 2025
Fix & Flip
Loan Amount
$137,200
Purchase Price
$120,000
Renovation Budget
$40,000
After Repair Value
$231,000
Albany, NY
July 2022
Fix & Flip
Loan Amount
$296,750
Purchase Price
$255,000
Renovation Budget
$80,000
After Repair Value
$450,000
Washington, DC
December 2021
Fix & Flip
Loan Amount
$321,300
Purchase Price
$340,000
Renovation Budget
$46,050
After Repair Value
$459,000
Centerreach, NY
November 2021
Fix & Flip
Loan Amount
$196,650
Purchase Price
$149,000
Renovation Budget
$70,000
After Repair Value
$290,000
Hartford, CT
November 2021
Fix & Flip
Loan Amount
$209,300
Purchase Price
$130,000
Renovation Budget
$105,300
After Repair Value
$335,000
Philidelphia, PA
November 2021
Fix & Flip
Loan Amount
$106,500
Purchase Price
$62,000
Renovation Budget
$60,000
After Repair Value
$176,000
Philidelphia, PA
November 2021
Fix & Flip
Loan Amount
$311,750
Purchase Price
$310,000
Renovation Budget
$32,750
After Repair Value
$495,000
North Babylon, NY
November 2021
Fix & Flip
Loan Amount
$1,577,465
Purchase Price
$1,250,000
Renovation Budget
$577,465
After Repair Value
$2,487,500
East Hampton, NY
November 2021
Fix & Flip
Loan Amount
$848,800
Purchase Price
$525,000
Renovation Budget
$240,650
After Repair Value
$831,000
Jersey City, NJ
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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How You Can Benefit from Insula Capital Group’s Financing Solutions
At Insula Capital Group, our goal is to help innovative property developers build their desired properties without any hassle. With over 30 years of experience in the industry, we have gained the knowledge and expertise required to help clients all over Delaware.
We offer loans for multiple property types, including multifamily homes and mixed-use properties. You can reach out to us for a fix & flip loan, too! Have a look at our recently funded projects for a better understanding of our business.
Consult with Your Trusted Private Money Lenders Today!
We are available for a consultation from 9 am to 5 pm on all business days (Mon-Fri). Drop us a call to talk to a representative and set a meeting!
Ready to apply for a New Construction loan?
Frequently Asked Questions
Our new construction loans in Newark, DE carry a term of one year
We will decide your interest rate at the time of closing your loan. We consider factors like your credit score, payment history, and current economic conditions while deciding your interest rate.
We keep documentation to a minimum but it depends on your loan type. You can contact our underwriters or visit our website to get a comprehensive list.
