Our Hard Money Loans in Charles County, MD Help You Succeed

Why residents and investors alike love Charles County MD

Located 30 minutes away from Washington, DC, Charles County offers some of the most affordable real estate in the Washington DC region. Adjacent to major military bases like Andrews Air Force Base, Pax River Naval Air Station, Indian Head Naval Base, and Fort Belvoir Army Base, it is home to many military and government families. Many of its residents commute to DC and its closer suburbs making Charles County rank the nation’s top commuting county. In 2017, Charles County workers spent 388 hours commuting to and from work. That translates to an average of almost two and a half weeks a year spend in your car or public transportation.

According to Zillow, the median price of homes currently listed in Charles County is $329,900 while the median price of homes that sold is $293,500. The prices are stable (in fact, there was no change in pricing between December 2018 and December 2019) but the inventory is tightening.

Because of its affordability, Charles County offers ample opportunities for those investors who are looking to fix and re-sell a home and those who are interested in growing their real estate portfolio. The median rent price in Charles County is $1,895, which is lower than the Washington-Arlington-Alexandria Metro median of $2,200 but offers more favorable debt coverage rates that many neighboring areas. Our hard money loans in Charles County accommodate both fix-and-flip and buy-and-hold strategies.

Our private financing in Charles County is extended to all of its communities including Indian Head, La Plata, Port Tobacco Village, Bensville, Bryans Road, Bryantown, Cobb Island, Hughesville, Pomfret, Potomac Heights, Rock Point, Saint Charles, and Waldorf.

We’re the experts on the Charles County real estate market.

We’ve done many transactions in Charles County and yours is the next.  Even if you don’t know the area well, we can help by filling in the gaps in your knowledge. We’re not just in it to fund your project and collect the money down the line. We’re truly there through the entire process, giving you as much or as little input as you’d like. 

We work differently than many hard money lenders out there and this is why we continue to be the highest-rated private lender in the entire Washington, DC area. We keep hearing about other so-called hard money private lenders with guidelines that sound like going to a regular bank. You get close to settlement and, boom, all of a sudden, the loan amount or terms change. They charge heavy commitments fees upfront and then disappear when you need them most. They promise not to base their underwriting decisions based on your income but then ask for the tax returns. They tell you which contractors to use and which permits to get.

Forget about all that “smoke and mirrors”. We are not like this. We don’t overpromise, but stand by our word and deliver on our commitment to provide you competitive rates and excellent service before and after closing. Being a rehabber means running a business. You can do what’s best for you, which means you maintain control over your business and your wealth. 

We are local Charles County MD hard money lenders with boots on the ground.

Boots on the ground means local expertise, efficiency, and speed. Imagine working with a real estate agent who is in California or in Florida. Yes, they might have access to the local MLS but you will be missing on the local perspective and personal touch. So is with your private hard money lender. Remember, private lending is not traditional lending where you would rarely hear from your mortgage company (unless they’re missing your payment). If you have a construction escrow – and the chance are you will – the main part of your work with your private lender will start after your hard money loan closes. If your lender is slow, unresponsive or incompetent, you would be losing money by waiting on them to negotiate and releases your draws.

Let us show you the difference of working with a local hard money lender near you. We like to say that you come to us for the pricing but you stay for the service but it’s not 100% accurate. You stay because we help you make more money and, for an investor, this is the most compelling reason of them all.

Ready to work with the most reliable hard money lenders in Charles County, MD? Call us today at 240-436-2340.