Call the Top Hard Money Lenders in Columbia at 240-436-2340!
The Columbia, MD area is a fantastic place to invest in property using a hard money loan. And if you want the best of the best, go to the most experienced name for hard money loans in Columbia: New Funding Resources. Our experience and personalized approach to hard money loans are unmatched by other lenders!
Our Hard Money Loans in Columbia, MD Are Designed to Finance Any Real Estate Investment Opportunity:
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
Why 100,000+ Are Choosing to Call Columbia, Maryland Home
Columbia is one of the best places for families to live in the United States, according to Niche. With a booming population of over 100,000, it’s definitely a place families love to move to and stay. Because of this, it’s a smart place to invest in real estate. Whether you choose to rehab a home and sell it for a quick profit or rehab a rental property to build your wealth over time, you’ll be happy with your return on investment!
Unique Underwriting Criteria Tailored to Your Needs
At New Funding Resources, we look at the bigger picture of your rehab project based on your experience and your property’s value. These relaxed guidelines help you obtain a loan quickly and more easily. You can get approved in just 24 hours!
Our hard money loans in Columbia, Maryland, also come with flexible repayment terms. They are collateral-based. You can choose to secure your loan using either the property you are currently acquiring or a different property you already own. Unlike conventional lenders, we don’t base our financing on the purchase price. Instead, we look into the future, when your renovations are completed and base our private loans on the after-repair value.
You Want Our Real Estate Experts on Your Side!
Every rehabbing project is a little different. Luckily, New Funding Resources has years of experience working with real estate in Howard County and Columbia, Maryland. We can guide you through the buying, rehabbing, and re-selling process based on our expertise. Think about working with us as having a free personal consultant that it’s familiar both with the process and the market you’re investing in.
Because we’re so involved in the process, we’re not just lenders. We like to consider ourselves as your business partner. We truly want to see you succeed and do what we can to make that happen. It’s one of the many things that sets us apart from our competitors and makes us the obvious choice for hard money lenders in Columbia.
Contact Us with Questions or Your Application!
Still have questions about hard money loans in Columbia? New Funding Resources would love to help you gain a better understanding of this game-changing concept. Don’t be afraid to reach out to us and ask any questions you might have.
Let our hard money loans in Columbia, MD propel your business to the next level. Call New Funding Resources at 240-436-2340 today.