Whether you are fixing-and-flipping or buying-and-holding, our private loans in Lanham offer speed and flexibility you need.
New Funding Resources is a local direct private hard money loan that specializes in the DMV area. We work exclusively with real estate investors and provide them with access to funds they need to buy and rehab homes in Maryland, including Lanham. We are 100%-privately-owned and lend our funds. Our underwriting criteria are pretty straightforward: if we think that our borrowers are well-positioned to make a profit, we will find a way to fund your transaction.
Top hard money lenders in Lanham are just a phone call away. Contact us at 240-436-2340!
Looking for hard money loans in Lanham that won't let you down? We got you covered.
Speed
Effectively compete with all-cash buyers: we issue you 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.
Competitive Terms
Our private 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
We know Lanham and the rest PG county as the palm of our hand. After all, we’ve been funding deals there since 2006.
Peace of Mind
Transparency, accountability, and service. These are the cornerstone our business is founded on. You don’t have to take our word for it. Instead, check our independent reviews here.
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
- Buy-and-hold loans
- Cash-out to finish construction
- Foreclosure and pre-foreclosure sale loans
- Hard money refinance
- Non-recourse IRA lending
Property Types
- Non-owner occupied ONLY
- Single-family residential
- Condo units
- Multi-family
- Mixed-use
- Office buildings
What makes Lanham so appealing to real estate investors?
Lanham provides amazing real estate investment opportunities for several reasons. Located at the heart of PG county, it offers better affordability than neighboring Washington, DC or Montgomery County. Homeownership is prevalent with more than 80% of Lanhan residents owning their own homes. There are two characteristics of the Lanham real estate that really standout. First, almost 90% of the residences there are single-family detached homes. Secondly, over 60% of residences have been built between 1940 and 1969. These single-family homes are ripe for rehabs! And with the median home value hovering just above $345,000, Lanham offers amazing profit margins to any real estate investor willing to work hard.
For any questions about how you can start making money flipping houses in Lanham, Maryland, contact New Funding Resources.
Why local real estate investors choose New Funding Resources as their lender in and around Lanham
We recognize that successful real estate transactions come in different forms and shapes. This is why we believe in the power of compensating factors. We underwrite each hard money loan request holistically and evaluate its strength based on two fundamental factors: the collateral itself and borrower strength.
Our reputation for transparency and credibility is built on delivering on our promises and honoring the terms of our loans. Unlike many other firms, we are not going to lure you in with promises we have no intentions to keep. The value we provide comes from a combination of competitive pricing and local servicing, which together minimize your risks and maximize your returns. Regardless of whether you’re planning to flip your Lanham property or keep it in your real estate portfolio, we can help find the right solution. Whether you need a sounding board to help you evaluate your transaction’s profitability or another set of eyes to determine the ARV – we’re here to help.