Our Hard Money Loans in Frederick, MD Help You Succeed

Why Residents and Investors Alike Love Frederick, Maryland

Over 65,000 people are happy to call Frederick, Maryland their home. Residents love Frederick for its active nightlife. The downtown district is filled with historic architecture including beautiful church spires. There’s also a bridge that’s painted with a majestic mural.

When it comes to real estate, Frederick, Maryland, is experiencing a fairly stable and competitive real estate market. Home prices in Frederick varies depending on the type of property and the neighborhood. The median home price in Frederick tended to be more affordable than some of the neighboring areas closer to Washington, D.C.

Frederick saw a steady increase in home prices in the years leading up to 2022, driven by factors such as a strong job market, its proximity to major metropolitan areas like Washington, D.C., and Baltimore, and a growing interest in suburban and exurban living. Inventory levels fluctuate, with periods of limited housing supply leading to increased competition among buyers. A lack of inventory often pushes prices higher, making it a seller’s market.

According to Zillow, the median residential property price is $435,451, which is just slightly lower than the median sale price of all homes in Maryland. There are always opportunities for rehab projects! Frederick has a growing population and a strong job market, also making it an attractive location for rental property investments. You can generate rental income and potentially benefit from property appreciation over time.

We’re Experts on the Frederick, Maryland Real Estate Market

New Funding Resources has extensive knowledge of the real estate market in Frederick, Maryland. In fact, several of our team members live there. 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. They claim they’re a “private” or “hard money” lender then proceed to ask for a bunch of documents…..including tax returns… and put them under a microscope. 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. We don’t overpromise, but stand by our word and deliver on our commitment to provide you not only with competitive rates but also with excellent service before and after closing.

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

We are a Local Hard Money Lenders that Give You Full Control Over Your Rehab Project and Your Business 

Being a rehabber means running a business. So even though we’ll offer expert advice, we make sure to give you as much control over your hard money loan as possible. You can do what’s best for you, which means you maintain control over your business and your wealth. With us, you can work with any construction crew you want and choose whether to get permits or not. Many conventional lenders and many hard money lenders that require you to supply all kinds of receipts and accounting records to release your construction draws. We simply look at the work completed.

When Looking for the Best Hard Money Lenders in Frederick, MD, Choose to Work with Your Neighbors.

Not only our office is located just around the corner, but many of our underwriters also live there. Working with us is like working with your neighbors – literally. We work hand-in-hand with you to make sure that each flip has the most important element – that you as an investor are making money at the end. You’ll be able to be accepted quickly for a short-term loan with flexible repayment options. 

Call New Funding Resources, Frederick’s top hard money lender, and start making money in real estate today.  We can be reached at 240-436-2340.