Our private hard money loans in Washington, DC are helping local real estate investors build wealth and prosper. You are next. Call us at 240-436-2340!
We are a direct private hard money lender that specializes in hard money financing in Washington, DC and surrounding areas. Our reputation for reliability, transparency, and local expertise makes us one of the highest-reviewed private lenders in the DMV area. In business for over 15 years, we understand the intricacies of Washington, DC lending and work closely with our borrowers to manage their risk and increase their profits.
Why Choose Our Hard Money Loans in Washington, DC
We Work with a Sense of Urgency
We issue pre-approvals in 24 hours and can close your loan in 5 days or less. Our hard money loans are considered equivalent to cash offers.
We Keep an Open Mind
We lend our own money and make our own underwriting decisions. We believe in the power of compensating factors. If your deal makes sense, we’ll find a way to make it work.
We Provide Favorable Terms
Washington, DC real estate is expensive. Whether you’re a new investor or an experienced rehabber, our hard money loans will provide you with incredible leverage to take your business to the next level.
We Offer Unparalleled Support
We are a tightly-knit group of DC Metro real estate experts. You will work with a designated underwriter and will always have easy access to a decision-maker.
We Take Pride in Local Expertise
We know the Washington DC market inside out. After thirteen years of lending here, we are deeply familiar with its unique challenges and opportunities. We’ll work closely with you to ensure your investment’s success.
We Provide Peace of Mind
In business since 2006, we’ve built our reputation on delivering on our promises. We work hard to keep your costs low and help you maximize your profits.
We love investing in Washington, DC market and you should too!
Washington DC is a wonderful area to live and to invest in. The DC area wealth and the job market’s reliance on the federal government insulate us from the economic booms and busts experienced by other areas. Since 2008, Washington, DC’s real estate market experienced a steady appreciation that increased the price of single-family residence from $399,000 to $679,000 in 2018. Though the appreciation rates appear to be slowing down, it alleviates concerns about a regional real estate bubble.
As one of the top hard money lenders in Washington, DC Metro, we’ve seen our clients earn significant profits turning dilapidated properties into swanky homes for the upwardly mobile. Rehab projects in Washington, DC tend to be more complex and expensive than in the surrounding areas, but they sure compensate for it by producing hefty profit margins. Are you considering Washington, DC as your next investment project? Here are some data, resources, and advice to get you started.
For any questions about how our hard money loans in Washington, DC can help you make money in real estate investing, call New Funding Resources at 240.436.2340.
Our hard money loans in Washington DC are designed to help you succeed!
You might be looking for a way to make a quick profit by flipping a home in the DC area. Alternatively, you might have set your eyes on building long-term wealth by rehabbing and holding it in your rental portfolio. Regardless of your financial strategy, we can make our hard money loans fit right in. We underwrite holistically meaning that we don’t let one single factor determine the approval or disapproval of your loan. Everybody has their strengths and weaknesses, and every hard money loan application has its pluses and minuses. As a hard money lender in Washington, DC, we will work with you to give you the best chance to succeed as a real estate rehabber regardless of your experience or the depth of your pockets.
Ready to tackle your next flip in DC? Get pre-approved with us.
If you are interested in investing in DC, but not sure how much you can afford, it might be a good idea to get pre-approved for a loan. With us, it’s easy, quick, and free. Knowing your price ceiling helps focus your search on a particular type of home and on a particular type of rehab. For example, to convert a DC townhouse into a swanky condominium, would require more capital than you can afford or care to invest. In this case, you might be better served with a renovation that is more cosmetic than structural.
Once you are ready to start making offers, you will need a proof-of-funds letter. Proof of funds is a document that states that you’re pre-approved for a hard money loan with a reputable private lender. Our proof of funds letters are considered cash offers, so you can effectively compete even with the most well-heeled investors.
As the top hard money lender in Washington, DC, we guarantee to offer both excellent terms and local expertise to improve your bottom line. Call us today at 240-436-2340.
If you’re looking for a cost-effective and reliable source of funds for residential or commercial property renovation projects in Washington, DC, contact New Funding Resources today!