New Construction Loans in Portland, ME
Your construction project in Portland, ME, can go much more smoothly than you think. All you have to do is secure a new construction loan that can finance every aspect of it.
Portland is the most populated city in Maine, which explains the growing interest in its real estate. There are great investment opportunities for property developers all across the great city. Private money lenders like Insula Capital Group are also making it easier for real estate investors to obtain the funds they need. It’s as simple as applying for a new construction loan in Portland, ME, online!
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Overcome Financial Stress with a New Construction Loan in Portland, ME
Construction projects are stressful for everyone involved, but they can be especially troublesome for those financing them. As an investor, you need to keep your financial status situated throughout the construction process. Securing a new construction loan can help you do that.
This is a type of short-term loan that typically carries a one-year term. If you qualify for this loan, then you can use it to finance whichever aspect of your construction project you want. Be it labor wages, material costs, permits, or land acquisition costs, a new construction loan can help you finance all of them. Prequalify now!
Fill Out an Application to Get Funded by Insula Capital Group Today
Getting a loan from a reliable private money lender is crucial. Insula Capital Group can be your trusted lending company in Portland, ME!
We have been in business for over 30 years, giving us the expertise needed to curate a financial solution for you. You can go through our portfolio of just-funded projects to see how we’ve helped other investors like you. We even offer a range of other loan programs for other types of real estate projects, including multifamily & mixed-use loans, residential rental programs, and fix & flip financing.
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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Ready to apply for a new construction loan?
Frequently Asked Questions
You can download and fill out our online application forms and submit your documents along with them.
We will only be able to determine your interest rate after we have gone through your credit history.
We don’t apply any prepayment penalties.
Ready to Talk to Our Representatives?
If you are ready to have a thorough interview with our expert underwriters, contact our team! We will need to have an initial interview with you so we can understand all of your concerns and requirements. Once the interview is done, we will be able to make a specified contract and start funding your loan once you sign it.
We look forward to hearing from you!
