Call the Top Hard Money Lenders in Montgomery Village at 240-436-2340!
When you choose New Funding Resources as your hard money lender in Montgomery Village, you’ll discover that lending doesn’t have to be complicated! We approve loans in just 24 hours or less and are able to finance up to 100% of your real estate purchase. When you work with us, you can compete with cash offers!
Our Hard Money Loans in Montgomery Village Deliver:
We provide pre-approvals in as few as 24 hours and can fund your loan in 5 days or less.
Our proprietary underwriting criteria focuses on your deal’s potential, not your credit or income.
Our hard money loans are designed to keep your costs low and help maximize your profits.
Our team of local experts is focused on ensuring a smooth closing and timely support of your renovation project.
As the top hard money lender in Montgomery Village, we know the local market inside out and have boots on the ground to make your rehab a success.
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 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
- Non-owner occupied ONLY
- Single-family residential
- Condo units
- Office buildings
Why Residents Love Montgomery Village, Maryland
Montgomery Village is a suburb of Washington, D.C. that has a population of about 33,600. Investors love Montgomery Village because it offers some of the most affordable real estate investment opportunities in Montgomery County. According to Redfin, the median prices of homes in Montgomery Village hover just below $305,000 and offer 3.5% appreciation rates. Montgomery Village is especially popular among real estate investors who are looking to expand their real estate portfolio. The typical rents in Montgomery Village are typically high enough to comfortably cover the landlord’s mortgage payment and other costs associated with homeownership.
The Many Benefits of Hard Money Loans
You’ll love hard money loans in Montgomery Village because you can get approved fast! You also won’t have to deal with the normal strict requirements you might be used to from other lenders. Even if your loan requests have been denied in the past, you still have a chance with New Funding Resources. We want to take away all the normal barriers that might stand between you and the piece of real estate you’re wanting to purchase. Real estate financing has never been this easy!
Our private hard money loans in Montgomery Village do not require income verification or minimum credit score. New Funding Resoures is also one of the few lenders who work with new real estate investors or those who cannot prove their previous experience. Located just 10 minutes away from Montgomery Village are intimately familiar with the real estate investment opportunities it offers and are willing to think outside the box when evaluating your deal’s potential.
How Hard Money Loans Work
Hard money loans are short-term, collateral-based loans. You choose to secure them either with the property you’re working on acquiring now or a piece of property you already own. You just cannot use a piece of property that is currently occupied.
Paying off the loan starts with monthly payments on the interest. At the end of the term, you’ll make a balloon payment. If you’ve struggled with obtaining a loan in the past, hard money loans are your best bet!
New Funding Resources wants to be more than just your hard money lender in Montgomery Village. We want to use our experience with Montgomery Village real estate to help you get the maximum profit from your investment. We’ll help you meet your long-term financial goals fast!