Looking for the Best Hard Money Lenders in Sterling, VA? We Are Fast, Flexible, and Local.
Real estate investing is a local business. Whether it’s your realtor or your lender, make sure you’re working with experts steeped in the Virginia real estate market. Private lenders are unique types of financing companies. We work differently from conventional lenders who finance cookie-cut mortgage loans across the country. Each client we work with and each transaction we finance are different. We make our underwriting decisions based on the type of borrower you are, the location of your property, and the profitability of the overall transaction. As any lender, we want to be repaid on time and in the terms and conditions we’ve agreed on. The best way to ensure it is to lend to the borrowers who are well-positioned to make a profit.
This is why don’t just lend you money. We act and work as we were your partner. If you succeed, we succeed. When we work with us, you will not work with a rookie loan officers trained on the underwriting basics. You will work with the decision-makers who are experienced investors in the DC area. We’ve lent to hundreds of investors in North Virginia (Sterling, VA included) and know what it takes to succeed in this market.
Have more questions about our hard money loans in Sterling, VA? Call us today at 240-436-2340.
Our Sterlng, VA Hard Money Loans Deliver:
We issue 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 Sterling, VA private 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 Sterling renovation project.
As the top hard money lender in Sterling, VA, we know the local market inside out and have boots on the ground to make your rehab a success.
Peace of Mind
Our reputation is built on delivering incredible value to our borrowers, standing by our promises, and moving fast and efficiently. Check out our reviews – we are the top private lender in the DMV area.
What makes Sterling, VA a unique real estate investment market?
If you are looking for homes for sale with good flipping profit, Sterling offers plenty of options. In September 2020, the median price of an average house in Sterling was $460,000. Based on the local forecasts, a long-term increase is also expected, with the predicted price of an average home in the Sterling area rising to above $510,000 by 2025. For a 5-year investment, the profit is expected to be around +11.06% meaning that investing $100,000 today may yield a profit of $111,060 USD by 2025.
What makes Sterling, VA real estate market so unique? To a large extent, it’s the number of the major employers located there. Sterling is home to many businesses and also serves as branch offices for many multi-million dollar companies. Many major federal agencies including U.S. Customs and Border Protection, the Bureau of Safety and Environmental Enforcement, and the Drug Enforcement Administration are also located there.
Why to make New Funding Resources your local private lender of choice.
Are you a real estate investor looking to compete with cash offers or a new investor contemplating her flip? Perhaps you’ve done plenty of flips already and need leverage to take your business to the next level? We work with real estate investors from all walks of life. As the top private lender in Virginia, we are focused on one goal: helping our borrowers make money in real estate.
Our underwriting criteria is simple. We don’t verify your income. We are not credit score driven. Unlike many other private lenders, we do lend to the first-time rehabbers. We primarily looking for borrowers with a demonstratable record of financial success as evidenced by having some financial nest egg and their willingness to commit some of it to the transaction. We do finance the lion’s share of the purchase and rehab costs, often lending close or even above the purchase price.
Have a deal in Ashburn, VA you are interested in discussing? We are just a phone call way at 240-436-2340.
Let us finance your private loan in Sterling, VA. You will not be disappointed.
At New Funding Resources, we have more than twenty-two years of real estate experience in the DMV area. We evolved from a reputable consumer lending company into a boutique firm that focuses exclusively on providing make-sense financing to real estate investors. Our Sterling hard money loans are short-term and offer unique financing to fix and flip distressed properties. Once you renovate the property, you repay our loan by either selling it for profit or – in case if you are interested in keeping it as a rental – by refinancing it to another program. We now offer awesome fixed-rate 30-year-term refinance options.
Ready to roll flipping properties in Sterling, VA? Call us today at 240-436-2340. We’ve helped hundreds of investors to make money in NoVA and are ready to contribute to your success.