Hard Money Loans in North Bethesda, Maryland
If you’re a rehabber who’s having a hard time obtaining financing for your next project, turn to New Funding Resources. We are the top choice for hard money loans in North Bethesda, Maryland, and we specialize in lending to rehabbers. Using our hard money loans helps you keep the cost of your rehab project low while maximizing your profits.
Our Hard Money Loans in North Bethesda 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 North Bethesda, 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
- 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
Why Live in North Bethesda
North Bethesda is considered the second-best place to live in Maryland, according to Niche. It’s a great family-friendly location with amazing job opportunities. There’s also plenty for residents to do in their spare time from shopping to dining and lots of outdoor activities.
Because of all these great reasons to live in North Bethesda, it’s the perfect place to invest in real estate. Even if you don’t know the area well, you can still profit thanks to New Funding Resources’ expertise in North Bethesda real estate. We’re the hard money lender in North Bethesda you want on your side! We’ll guide you into making the smartest decisions that will set you up for a successful rehabbing project.
Why Hard Money Loans Are Better Than Traditional Lending
With traditional lending, you have to meet very strict requirements to get approved. You need to verify your income and have a high credit score. But when you choose a hard money lender in North Bethesda Maryland, getting approved is easy! New Funding Resources has more relaxed requirements. We hate saying “no” and loving “yes” to people just like you.
If you’re sick of hearing “no” from banks, apply with New Funding Resources. You can get approved for financing in just 24 hours. We can finance up to 100% of your real estate investment, which gives you the power to compete with all cash offers.
We know what it takes to finish a successful fix and flip! You have our experience with a wide variety of rehab projects throughout Maryland at your disposal. Maybe you don’t need our advice but you want support. New Funding Resources is with you during closing and throughout the renovation process. We help make your rehab project as easy and stress-free as possible!
Tell Us About Your North Bethesda Rehab Project
If you still have questions about hard money loans in North Bethesda, call New Funding Resources. We want to hear about your next rehabbing project! We’ll make sure it’s a successful one!