Maine hard money loans

  • Quick Approval and Funding
  • Local Maine Hard Money Lenders
  • No Upfront Cost or Contracts
  • Asset-based Lending

Maine Hard money lenders

Maine hard money loans can be the key to your real estate success – and we can help you find the best lender.  We assist Maine clients in the following: hard money loans, private loans, bridge loans, and fix and flip loans.  Unlike the rest, we accept all kinds of real estate – residential/commercial/industrial and have the expertise to provide our clients with unique insight on how to maximize their investments.  Our capital solutions can assist real estate professionals or first time buyers.

We believe private financing will change the lending world just like Uber changed transportation.  During the 2009 financial crisis we learned that most of the fears associated with private financing  were practiced by major financial banks – predatory lending, high fees, speculative loans.  The sharing economy is proof that the most efficient way to conduct business is peer-to-peer where both parties can dictate the terms that are comfortable for their needs.  The advantages of traditional mortgages are clear – lower rates from institutions that are highly regulated by the government.  However, many shrewd investors realized that speed of approval is just as important as low rates.  This is where private hard money loans come into the picture – with a turnaround of days, not weeks – you can secure financing on a deal that requires a fast close and beat other investors with a better offer.

Investors looking to purchase multifamily properties in Maine who are looking to close fast, or with credit issues can secure capital with private hard money loans. We have programs to investors of apartment buildings of less than 4 units, and multifamily investments of 20 units or more.  If you are palling to investment in Maine with the intention to establish vacation rentals, we also have a special program for that as well.  We can provide funding for any investment strategy:

  • Refinance
  • New Construction
  • Fix and Flip
  • Condo conversion
  • Vacation rentals

We provide commercial investors with capital solutions for any type of commercial properties.  Commercial hard money loans can be used for the following purposes:

  • Purchase with a quick all-cash close
  • Refinance an existing loan
  • Cash out (first or second position)
  • Construction loan
  • You have bad credit, judgements, bankruptcy on your record
  • You are purchasing a non-traditional asset and need a creative solution to a capital problem
Commercial hard money loans in Maine can provide a creative solution to any of the above challenges.  Asset-based lending removes the borrower from the equation and simplifies and otherwise long lending process. We fund any type of commercial real estate as collateral:
Hard Money Loans

Maine Facts

Advanced Materials

Maine is home to several factories and R&D laboratories that are supported by both local companies and state universities

Strong Labor force

Maine enjoys low unemployment compared to the rest of the country

Commercial fishing and marin tech

Maine manufactures large boats and has a robust fishing economy

Unlike other lending sources, we highly specialize in mobile home parks thanks to our years of experience and depth of knowledge in the field.  Mobile home parks and manufactured housing are a unique form of real estate, with a unique set of challenges and rules.  In fact, every state has a unique set of laws just for mobile home park owners and residents.  

With almost every coastal state with a housing crisis, and a fast growing demand for construction goods – we believe manufactured homes are the solution to many of this housing challenges.  Mobile home park investors in Maine can contact us for any of the following purposes:

  1. Mobile home park purchase
  2. Neighborhood development
  3. Senior mobile home park (55 and over)
  4. Tiny homes

Fix and flip project have two important elements: they wrap up quickly and require capital.  This is why real estate professionals in Maine who seek a fix and flip hard money loan come to us for possible solutions.  Private lending are the perfect match for flippers with fast approvals and asset-based lending terms.  

Whether it’s a house or duplex – sometimes you can’t wait to sell your current flip to purchase the next fixer-upper.  This is where we can come in and provide a ‘bridge loan’ to make sure you don’t miss your next project due to capital challenges. Our special fix and flip loan program  

Maine Hard Money Laws and Regulations

Consumer loans have interest late limits, but commercial loans made by financial institutions can set the rate as they please as long as the borrower agree (Maine Consumer Credit Code, Title 9-B, Section 432).

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