Hard Money Lenders In Rhode Island

InstaLend is a hard money lender in Rhode Island that assists real estate borrowers in getting fast access to capital at lower rates than they would with traditional lending institutions. Our attentive experts will listen to your needs and provide you with realistic ideas on how you can bring your project to fulfilment.

About InstaLend Rhode Island

We support you in terms of capital needs by covering your expenses for your real estate projects, while working out a reasonable and customized repayment plan for you. We take pride in our commitments and are there at every closing to give our clients confidence in their projects. Our loans are based on asset size and we do not require income verification. Since time is a precious commodity especially in the real estate industry, we have devised a streamlined loan process to help you gain timely access to funds with minimum paperwork. We do not demand upfront fees in order to start your loan application, and on average they get approved in just two weeks. Here are our customizable loan programs for your perusal:

Rhode Island Instalend

Our Lending Products

  • Fix and Flip Loans in Rhode Island: This loan program can be undertaken for single and multi-family property types. Borrowers can be granted up to 90 percent of the purchase price and 100 percent of the rehab cost.
  • Single Family Rental Loans in Rhode Island: Single-family rental is one of the fastest-growing asset classes today. This type of rental loan is great for real estate borrowers looking to borrow against properties that are currently occupied by tenants but do not require any renovations.
  • Rental Portfolio Loans in Rhode Island: : If you are considering refinancing your portfolio without dealing with multiple sources of funding, a rental portfolio loan will suit your needs perfectly. One of the loan’s benefits is that you can use the accumulated monthly payment to reduce transactional costs you may incur.
  • New Construction Loans in Rhode Island: Under this loan, the minimum loan amount is $50,000. The benefit of this loan is that it allows future homeowners to be able to specify the design of their house.
  • Multi-Family Bridge Loans in Rhode Island: This loan helps property owners in various scenarios, including maintaining their the properties until they are ready to take action as borrowers. Most bridge loans have a loan tenure of between 12 and 24-months.
  • Multi-Family Term Loans in Rhode Island: Multi-family properties are great investment options because you only have to manage one central system while collecting rent from multiple units. With a multi-family term loan, you can acquire a property that suits your needs quickly and easily.

Why Choose InstaLend’s Real Estate Loan Programs in Rhode Island?

InstaLend ensures that you carry your real estate project through to a successful conclusion by providing you with reliable financing. Our clients love our competitive rates and the fact that our diverse loan programs can be customized for the specific type of real estate investment that they are undertaking. We consider your unique needs and offer guidance at every stage of the process. It is also easier to borrow from InstaLend compared to more traditional institutions like banks, since we do not ask for income verification and evaluate each application based on total asset value.

Are you planning to apply for a real estate loan in Rhode Island? If so, please feel free to schedule an appointment with us today.