Hard Money Lenders New Hampshire
Fast New Hampshire Hard Money Loans
Ready to close in less than a week
- Interest rates 10 – 12.75%
- Credit score 650+
- Loan-to-Cost Up to 90%
- No income verification
- Get approved online in 5 minutes
- Instant proof of funds letter
- Interest only payments
Need financing for your upcoming real estate project? Get approved for a hard money loan in 5 minutes using our online application
Need funding fast? Look no further than New Silver. New Silver has the perfect selection hard money loans for property investors in New Hampshire.
New Silver has a variety of different hard money loan products available to suit the needs of any real estate investor. Run by a team of experienced real estate professionals, our loans are ideal for real estate investors in NH.Get Approved Online
Fix & Flip
For house flippers hoping to purchase a fixer upper to renovate and resell in New Hampshire. Interest rates from 10 – 12.75%, Loan-To-Cost up to 90%, with loan terms up to up to 24 months. Hard Money Refinance Loans also available.
- Get up to $5,000,000
- Interest rate 10 – 12.75%
- Origination fee from 1.875%
- Up to 100% construction
- More info
30-year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest rates from 7.5, loan-to-purchase price up to 80%. Built for buy and hold investors that purchase rental properties.
- Get up to $3,000,000
- Interest rate 7.5
- Origination fee 2-3%
- 30-year fixed rate
- More info
Designed for residential builders, our ground up construction loans can finance up to 90% Loan-to-Cost (LTC). Interest Rates from 10 to 13.25%
The perfect solution for builders in New Hampshire that need quick access to capital to fund construction costs.
- Get up to $5,000,000
- Interest rate 10 - 13.25%
- Origination fee from 1.875%
- Up to up to 24 months
- More info
New Hampshire Hard Money Loans
Getting a traditional loan is a slow, drawn-out and exhausting process. At New Silver, our hard money loans are designed for real estate investors that value speed, efficiency and transparency. Offering house fix-and-flip, fix-to-rent and cash out refinance loans, our team of experienced real estate experts are available to get you capital and assist you with any hiccups that may come up along the way.
New Silver is unlike other hard money lenders in New Hampshire. As licensed real estate investment professionals, we know what real estate investors need: quick and easy online applications, terms of up to twenty-four months and most of all, fast loan closing and attractive rates. At New Silver, we specialize in hard money loans for single-family residential, but we can also cater to multi-family and commercial real estate projects. Contact our New Hampshire hard money lending team today to find the best loan fit for your next real estate project.
Ultimately, if you need fast, efficient, financing solutions with competitive interest rates, New Silver is the hard money lender for you.
New Silver lends in these cities:
- And More
New Hampshire Housing Market Overview
Average Home Value
1-Year Home Appreciation
2 Bedroom Rent
Average 4 Bedroom Rent
Homes In New Hampshire Are Worth More Than Most States: The average home value in New Hampshire is $417,207. This is about $90,000 more than the average home value in the US ($328,745).
Home Prices Have Experienced Double Digit Appreciation Over The Last 12 Months: The 1-year home appreciation rate for New Hampshire is 12.3%. This is considerably higher than the US average of 8.7%.
There Is Money To Be Made Flipping Houses In NH: One of the primary benefits of higher than average home value is that it increases the potential gross profit that you can make when executing a fix-and-flip deal.
The comps (comparable properties) ultimately set the ceiling on the after repair value you can expect when selling the house. If the comp prices are high, it usually indicates that the after repair value (ARV) of the home that you are flipping will also be high.
Provided you are able to identify a poorly maintained home with potential and you stick to a tight renovation budget, there is every reason to proceed with a house flipping deal in the Granite State.
Median Home Price by MSA
|Median Home Price
New Hampshire Real Estate Market Analysis
Manchester Is Thriving: The median sale price in Manchester increased by 11.9% over 1 year, and 45.8% over 3 years. Both of these metrics indicate that the Manchester real estate market is currently in a very healthy place. House prices are rising over short and medium term time horizons. Short term growth bodes well for house flippers, while long term growth is excellent news for rental property investors.
New Hampshire Real Estate Investor Associations
Reasons to Fund Your Investment Property with New Silver
It doesn’t matter if you are a buy and hold investor or a house flipping specialist. New Silver is one of the highest rated hard money lenders in New Hampshire with a selection of real estate loans perfectly matched to meet your real estate investing needs. Unlike a conventional mortgage which can take ages to complete, our hard money loans can be approved online in less than 5 minutes, with an instant proof of funds letter to help you secure the purchase. We are ready to help you solve your real estate investment needs with a fast closing hard money loan.
Frequently Asked Questions
Yes, New Silver is a private money lender that provides asset-based loans at scale. With asset-based private money loans, the underwriting process can be more lenient than conventional lenders. This is because the underlying value of the asset is more important than the financial background of the investor when setting the terms of a private money loan.
As a result, the financing and credit score requirements of hard money lenders are less stringent, income verification is not needed and the debt-to-income ratio of the borrower doesn’t matter. Plus, we can get you approved and closed with a hard money loan within 7 days.
Yes. We offer ground-up construction loans for real estate developers that build single family (1-4 unit) residential properties.
Yes. Our fix and flip loans can act as a bridge loan for real estate investors with a loan term ranging from 6 to 24 months in duration. More information can be found on the loan product page, together with the maximum loan amounts available.
The main reason hard money loans have higher interest rates than traditional loans is because of the risks involved in the transaction. Unlike a residential home purchase, a fix and flip project could run over budget or the real estate market could take a turn for the worse, making the property difficult to sell quickly.
In other words, you could potentially lose money with a fix and flip. This risk is applicable to the borrower and the hard money lender. The higher interest rate compensates for this risk, which most conventional lenders are unwilling to take on. Hard money lenders effectively fill the gap, using an asset based lending model to fund real estate deals.
The origination fee (loan points) is usually between 2-3%, but this varies with each deal. To work out the expected monthly payments, it is best to use our hard money loan calculator.
On this point, it is also worth noting that unlike a traditional loan, the monthly payment of all New Silver hard money loans work on interest only payments. This helps reduce the cash flow burdens of the investor while the project is underway. Interest only payments are one of the best benefits that you can unlock by working with a reputable hard money lender like New Silver.
In short, yes. While the credit requirements of hard money lenders in NH are not as stringent as a traditional lender, we do review the credit history of all our borrowers. If you’re worried about bad credit, it is best to look at our hard money loans product page to see if New Silver is a good fit for your needs.
You should find that our interest rates are lower than other private money lenders. In addition, we don’t require income verification during the credit history check.
Right now, we do not specialize in commercial hard money loans. With that being said, our maximum loan amount should be big enough to cover both residential and commercial properties.
Ultimately, we cater to residential real estate investors hoping to build properties ranging from 1 to 50 units. If the investment property exceeds 50 units, we can connect you with one of our partners in order to source the capital you need to secure the deal.
Where We Lend
Hard Money Loans Across The US
- District of Columbia
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
Apply for a loan at New Silver today!
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