Construction Loans , Renovation, Commercial and Residential financing

Builders and Construction Loan Lenders of New York, Connecticut

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Home / Hard Money Financing

Hard Money Financing

Property Investment Loaner

Hard Money Financing

Capital First and its team of knowledgeable and experienced real estate lending professionals thrive at helping real estate investors succeed with there investment strategies. Our processes are fast and flexible to meet the needs of our borrowers. Financing available for foreclosures, REO, Short sale, distressed properties and new construction for non-owner occupied properties.

Our short term loan programs support the following investment projects:

  • Fix and Flip
  • New Construction
  • Cash Out – Refinance

Pre-Qualify Today

hard-money-coverageAvailable States

  • New York
  • New Jersey
  • Connecticut
  • Maryland
  • Massachusetts
  • Virginia
  • Florida
  • Pennsylvania
  • North Carolina
  • South Carolina
  • Georgia

About Fix and Flip

House flipping, or buying and renovating a home for profit, is an investment strategy that has been highly publicized. However, flipping homes as a profit strategy not only carries risk but demands your time, energy, and attention to detail. Many new house flippers make the mistake of overlooking certain expenses that may impact their net profit–leaving them with results that deviate from what they originally anticipated. Capital First team has over 30 years real estate investment experience and will guide you through the entire process when financing fix and flip project.

Lending Criteria

Advantages

  • Loan Amounts from $100,000 – $10,000,000
  • Interest Rates range 9% – 13% Origination fees 2-4% of loan amount
  • Up to 90% LTV on purchase
  • 100% LTV on rehabilitation cost
  • 12-36 Month Loan Terms
  • Interest Only Monthly Payments
  • No Hidden Fees
  • Closing in ten days or less

Property Types

  • 1 – 4 Family Residential Properties
  • Multifamily 5 units and up
  • New Construction
  • Must be for investment non-owner occupied only

Loan Purposes

  • Fix and Flip
  • Purchases
  • Refinances (Rate/Term & Cash Out)
  • Renovation
  • New Construction
  • Builder Spec Loans
  • Properties must be in name of LLC or Corporation

Rehab Funds/Draw Schedule
The funds are advanced as per construction budget and customized draw schedule.

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We Know Construction Loans

Architects, Realtors, Homeowners, Big and Small Contractors and Developers alike are excited about the construction and renovation or major remodel loans that continue to be offered by our team of building loan professioanls. We offer construction loans for both ground up new construction residential and major and minor gut renovation and remodel projects. The average close time can be as little as 4 weeks. Our construction loans have no pre-payment penalties and some require no payments during construction. Some offer you the ability to be your own general contractor, and a flexible disbursement and inspection schedule. Our construction loans break many of the traditional barriers in the construction loan market.

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CONSTRUCTION LOANS , RENOVATION, COMMERCIAL AND RESIDENTIAL FINANCING

Strengths

  • Committed to establishing and maintaining long-term business relationship
  • Able to offer a diverse range of loan programs supporting single-family construction, condominium construction and land development
  • Responsive in approving and funding of new loans
  • Efficient in handling inspections and draw requests

Now available to Florida, Southern New York, New Jersey, and Connecticut borrowers and contractor construction loans at competitive market rates up to 10 million

SERVICING

Experienced professionals engaged in arranging the funding for land acquisition, site development and construction/renovation or remodel of 1-4 family homes and condominiums in New Jersey, New York and Connecticut.

*DISCLAIMER*

*Due to market conditions, rates, terms and guidelines are subject to change daily. Please call for up to date information.

Contact Us

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 Info@capitalfirstllc 

(877) 252-1663