Hard Money Lenders In Alaska
Find the single-stop destination for all your real estate financing and investing needs at InstaLend. As a private lending partner, we are dedicated to providing you with efficient same-day loan commitments that close within days. InstaLend empowers real estate operators to get access to capital at lower rates and in far less time than other lenders. We work withbrokers, and borrowers across Alaska. Our loans are asset-based and property-based, which makes our processes for acquiring loans less stringent than conventional solutions. We have no income requirements, minimal paperwork, and no upfront fees. Best of all, we offer fast approval and funding. Most of our loans close within one week of receiving the appraisal report.
About Alaska
Alaska’s real estate market has been steadily recovering from the 2008 recession and the COVID-19 pandemic. As the market heats up, many homeowners are jumping at the chance to invest in residential properties in Alaska. With no income or sales tax in the state, living in Alaska is a taxpayer’s dream! Alaska has a cost-of-living index of 125, which is only slightly above the US average of 100. Median home costs are on par with that of the rest of the country, making Alaska a welcome place to buy a home. As a result, real estate operators are looking for fast funding so they can capitalize on property investments.
Our Lending Products
- Fix and Flip Loans in Alaska: Those looking to buy, renovate, and sell homes for profit in Alaska use InstaLend’s fix and flip loans. Short-term and hard money, these loans are designed to help real estate operators upgrade and resell their properties fast.
- Single Family Rental Loans in Alaska: Did you know that income-producing rentals are some of the largest asset classes in the United States? InstaLend’s single-family rental loans in Alaska are great for borrowers who want to purchase or refinance income producing rentals.
- Rental Portfolio Loans in Alaska: InstaLend’s Rental Portfolio Loans are great for individuals who want to own multiple income-producing properties without the hassle of going through loan closings for each one. Our rental portfolio loans package these properties under one blanket loan to make owning multiple properties simpler.
- New Construction Loans in Alaska: Short-term new construction loans in Alaska cover the costs associated with building custom homes. These forms of specialty financing are ideal for those looking to break ground with new property.
- Multi-Family Bridge Loans in Alaska : This type of loan is designed for people who want to purchase a property with 5+ units quickly but can’t make an all-cash offer. Multifamily bridge loans in Alaska are based on the value of the property instead of the income the property may generate. This enables them to close faster than traditional loans might.
- Multi-Family Term Loans in Alaska: InstaLend provides multi-family term loans for income-generating apartment complexes with 5 or more units. These loans help real estate operators secure the financing they need to acquire or refinance multifamily properties.
Why Choose InstaLend’s Real Estate Loan Programs in Alaska?
InstaLend is committed to being your reliable capital partner. We are excited to help you on your journey towards growing your real estate investment business. To date, we have an extensive portfolio of properties that have been financed by our customizable loan programs and lending products. We know that every investment is unique, which is why we customize loans to support our clients’ individual needs. Work with our in-house experts for advice on what type of loan you should get based on your situation. We are here to guide you every step of the way so you can make the wisest real estate investment.
Are you planning on applying for a real estate loan in Alaska? If so, feel free to call our team today at 929-523-8947.
- References: Cost of Living in Alaska. BestPlaces. (n.d.). Retrieved from https://www.bestplaces.net/cost_of_living/state/alaska