Ready to invest in one of the fastest appreciating DMV real estate markets – Oxon Hill? Our private loans in Oxon Hill will propel you forward. Call New Funding Resources today at 240-436-2340!
We offer short-term hard money loans to real estate investors in Maryland and PG County, including Oxon Hill. All our loans are collateral-based, and we secure them against investment properties you’re planning to purchase or already own. We don’t lend on owner-occupied homes; we specialize in offering private mortgage loans to rehabbers looking to make a profit on their investments.
You can rely on our local expertise to keep your renovation process in Oxon Hill smooth and pain-free. At New Funding Resources, we are more than lenders. We guide you through the process of rehabbing your property so that you walk away with the largest return on your investment.
If you’re looking for a short-term private hard money loan for your next residential or commercial property renovation project in Oxon Hill, contact New Funding Resources today!
Our Oxon Hill private loans are based on several simple factors:
- How much is our borrower paying for the property?
- What condition is it in?
- How much would it cost to rehab?
- What is the after-repair value of this Oxon Hill home?
Borrower Character and Experience
- How experienced is the borrower in rehabbing, flipping or managing real estate?
- How much of their capital do they plan to invest in this transaction?
- What is their credit and employment history?
Proposed Exit Strategy
- What is it?
- How long would it take to execute it?
- Is the borrower realistic in how much money, time, and effort it would take?
We recognize that successful real estate transactions come in different forms and shapes.
This is why we believe in the power of compensating factors. If a borrower is well-positioned to make a profit, we will find a way to fund your deal. You might be looking to make a quick profit by flipping a home, or you might be more interested in renting out your property for long-term growth. Regardless of your financial goals, New Funding Resources is willing to work with you to accommodate them. In Oxon Hill, we typically lend up to 65% of the after-repair value and can finance as much as 90% of the entire loan to cost.
What makes Oxon Hill, MD one of the best real estate investments in the nation.
Home prices in Oxon Hill have nearly doubled since the 2008-2012 housing slump. A similar pattern has occurred across many areas of inner PG County as well, but Oxon Hill truly stands out. The nearby attractions of the National Harbor and the MGM Casino made this formerly sleepy DC suburb into a buzzing hub that never sleeps. Living in Oxon Hill home means that shopping with top brands, local boutiques, world-class gaming, and restaurants from celebrated chefs are all within a short drive from home.
Regardless of the rising prices, Oxon Hill continues to be one of the most affordable areas in the DMV. You don’t have to have deep pockets to live or invest there. The inventory in Oxon Hill is tight, but if you can snatch a distressed property at a reasonable price, it might be your home run. The area is gentrifying so be sure to check the latest design trends to make your rehab truly standout.
Looking for the most reliable and trustworthy hard money lenders in Oxon Hill?
You might be looking to make a quick profit by flipping an Oxon Hill home, or you might be more interested in renting it out for long-term growth. Regardless of your financial goals, New Funding Resources is willing to work with you to accommodate them.
At New Funding Resources, we are no ordinary private lending company. We truly care about borrowers’ financial success and are ready to help them at any time. We are a direct lender and offer significant flexibility when underwriting our files.
We are a not huge national lending firm with impersonal cook-cutter criteria. Unlike larger companies, New Funding Resources is a private lender with a unique character and personality. Our smaller size allows us to be more personal with our borrowers, instead of treating them like as a one-time transaction. We treat our borrowers and clients like family: if you succeed, we succeed as well. This is part of the reason why many of our clients have had such a rewarding experience working with us.
New Funding Resources is the highest-reviewed private hard money lender in the DMV area. It is the result of a large and happy clientele we have worked so hard to build for the past fourteen years. Our borrowers come from all walks of life, but they have one thing in common: a positive experience of working with New Funding Resources LLC, no matter their experience or financial situation.
For any questions about how to apply for a hard money loan in Oxon Hill, contact New Funding Resources.