Call the Top Hard Money Lenders in Frederick County at 240-436-2340!
Are you looking for the best hard money loans in Frederick County, Maryland? New Funding Resources can fund your next rehab project! For 13 years, we’ve been building a reputation as the most trusted hard money lender in Frederick County. We keep gaining new clients, but we also have many repeats. People come to us when they want the best of the best!
Frederick County has a population of over 250,000 people. It’s filled with many historic landmarks on the National Register of Historic Places. Some of the most exciting places include the Brunswick Historic District, the Crum Road Bridge, and Drummine Farm.
Our Hard Money Loans in Frederick County Deliver:
We provide pre-approvals in as few as 24 hours and can fund your loan in five days or less.
Our team of local experts is focused on ensuring a smooth closing and timely support of your renovation project.
Our proprietary underwriting criteria focuses on your deal’s potential, not your credit or income.
As the top hard money lender in Frederick County, we know the local market inside out and have boots on the ground to make your rehab a success.
Our hard money loans are designed to keep your costs low and help maximize your profits.
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
- Investment/commercial loans ONLY
- First lien only
- Interest-only monthly payments
- Up to 100% purchase financing
- Up to 90% loan-to-cost
- Up to 65% of rehab’s after-repair value (ARV)
- Pricing depends on investor experience
- 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
- Non-owner occupied ONLY
- Single-family residential
- Condo units
- Office buildings
Maintain Total Control of Your Project or Use Us as a Resource
With traditional lending, sometimes you can feel tied down to the lender. But we can offer you more flexibility than our competitors. You’ll still feel in control of your business and real estate project. This makes it easier for you to reach your financial goals quickly.
That being said, we are also here to help. If you don’t have a lot of experience with the real estate market in Frederick County, we can be your expert guides! We can help you find what you need to make your rehab project successful.
The Benefits of Hard Money Loans in Frederick County
Hard money loans are unique because they are secured by property. You can choose to use the property you’re currently acquiring as collateral or a property you previously purchased. You only have to worry about making monthly interest payments and then one balloon payment in the end to pay off the rest of your loan.
Getting approved for a hard money loan is simpler than a traditional loan. Unlike traditional lenders, we take a more holistic approach to underwriting. We look at things beyond just your credit history. We want to know about your experience with rehabbing, savings, past financial decisions, and the value of the property you’re rehabbing. Although we lend on a case-by-case basis, we can often fund 100% of your real estate purchase!
Contact Us Today!
The real estate market is fast-paced. Luckily, it won’t take long for you to get approved by New Funding Resources. We can approve your loan application in 24 hours or less and fund your project in as little as 5 days. That’s an unbeatable timeline! Call us today for more information on hard money lenders in Frederick County, Maryland.