New Construction Loans in Silver Spring, MD
Silver Spring is one of the most appealing areas for property owners and investors in the Old Line State. It offers a quaint lifestyle with incredible homes and local architecture. If you are an innovative property developer looking for a new location to build on, you will likely find a great one in Silver Spring, MD. However, finding financial support to cover the costs of your project could get tricky.
Your best bet is to secure a new construction loan from Insula Capital Group. Read more to learn how we can bring your visualized property to life!
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Finish Your Project on Time by Getting a New Construction Loan in Silver Spring, MD
Our new construction loans are curated to support the unique requirements of real estate investors across Maryland. Once you get approved for a new construction loan in Silver Spring, MD by us, we will then be able to fund your loan within 5 business days.
You can use our new construction loans to acquire land, permits, materials, and skilled contractors ahead of time. Every property investor wants to use top-notch labor and materials to construct their dream property and our loan programs make this possible!
Get Same-Day Loan Approval from Insula Capital Group
Our underwriters work around the clock to find the most suitable financial solutions for each client. Our years of experience in the industry enable us to offer quick and efficient services. Once we conduct an initial interview with you, we will be to approve your loan within a day.
If you need other financing services, feel free to check out our range of loan programs. Our website also contains our portfolio of recently-funded projects for your knowledge.
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
Multifamily / Mixed-Used Commercial
Multifamily / Mixed-Used Commercial
Thousands of Clients Trust Our Company
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Get in Touch with Us Online
If you are ready to apply for a loan, you can do it online via our website! All you have to do is download the required forms, fill out a complete application, and submit it. One of our representatives will reach out to you once we evaluate your application. We look forward to hearing from you!
Ready to apply for a New Construction loan?
Frequently Asked Questions
Our new construction loan offers a 75% loan-to-cost ratio with plans and permits included.
We disburse the funds of your new construction loans as per your draw requests. You can make a request to withdraw funds whenever you need them for a construction-related task.
You will need to make interest-only payments during the course of the construction but principal payments will be required within a year/12 months of closing the loan.
