New Funding Resources
Call the Top Hard Money Lenders in Laurel at 240-436-2340!
Usually, the greatest barrier in any real estate fix and flip project is financing. But if you choose hard money loans in Laurel to finance the project, there’s nothing standing in your way! New Funding Resources has been funding a variety of real estate projects in Laurel since 2006. With access to our expertise, building your wealth through real estate is easy!
Our Hard Money Loans in Bethesda Deliver:
Speed
We provide pre-approvals in as few as 24 hours and can fund your loan in 5 days or less.
Flexibility
Our proprietary underwriting criteria focuses on your deal’s potential, not your credit or income.
Favorable Terms
Our hard money loans are designed to keep your costs low and help maximize your profits.
Support
Our team of local experts is focused on ensuring a smooth closing and timely support of your renovation project.
Local Expertise
As the top hard money lender in Laurel, we know the local market inside out and have boots on the ground to make your rehab a success.
Peace of Mind
In business since 2006, we’ve built our reputation on delivering on our promises and treating our customers as valued business partners.
Fix & Flip Loans, Bridge Loans, Buy & Hold Rental Deals & More
Typical Loans
- Investment/commercial loans ONLY
- First lien only
- Interest-only monthly payments
- Up to 100 percent purchase financing
- Up to 90 percent loan-to-cost
- Up to 65 percent of rehab’s after-repair value (ARV)
- Pricing depends on investor experience
Loan Purpose
- Fix-and-flip loans
- Rehab-and-rent loans
- Cash out to finish construction
- Foreclosure and pre-foreclosure sale loans
- Loans to refinance another hard money loan
- Non-recourse IRA lending
Property Types
- Non-owner occupied ONLY
- Single-family residential
- Condo units
- Multi-family
- Mixed-use
- Office buildings
Laurel, Maryland Attractions
Laurel is a small Maryland city with a population of nearly 26,000. It’s about halfway between Washington, D.C., and Baltimore. You’re in the heart of everything while still getting to enjoy the peace and quiet of a smaller city.
Don’t be fooled by Laurel’s meager population. You’ll still find lots of interesting things in Laurel that you won’t find anywhere else. For example, there are preserved dinosaur fossils in the park as well as several historical sites and an annual LakeFest. Residents are pretty evenly split on renting and owning their homes. So, whether you’re rehabbing a rental or flipping a house to sell, you really can’t go wrong.
The Benefits of Hard Money Loans
New to hard money loans in Laurel, Maryland? They offer so many benefits you won’t get with traditional lending. Your loan request will get approved in 24 hours or less. These short-term loans have flexible terms and are open to a wide variety of people, even those that have been denied by traditional lenders.
If you don’t have perfect credit, you can still get approved. You don’t even need income verification. New Funding Resources looks at your experience with rehab projects and the potential of the real estate you’re purchasing.
Getting approved for loans has never been this easy! Our loans can finance 100% of your real estate purchase. With our help, you can even compete with cash offers!
How New Funding Resources Sets You Up for Success
Thanks to our 13 years of experience financing real estate investments in Laurel, Maryland, we know the local market well! We’ve seen just about everything. We can help you make smart decisions with your real estate so you turn the maximum profit.
Get All Your Answers on Hard Money Loans from New Funding Resources
Still need more information about our hard money loans in Laurel, Maryland? Look to New Funding Resources! No hard money lender in Laurel, Maryland makes lending as easy as we do. Contact us today!
