Alabama Hard Money Lender
Hard Money Lender in Alabama
CoreVest helps fund rehab projects for real estate investors with its hard money loans. Our approach to efficient underwriting and appraisal service relationships allows us to close deals quicker than our competition. The Alabama market is booming right now and many hard money investors have successfully leveraged their capital with CoreVest. Whether it’s a complete fixer upper, or you need funds for a quick rehab to get the property purchased, CoreVest can help you leverage a competitive hard money loan today.
CoreVest has many years of experience working with hard money investors throughout the state of Alabama. CoreVest is a hard money lender in the state of Alabama with over $3 billion in loans closed since the companies existence. As a leading Alabama private money lender, CoreVest’s hard money loan prodAlabamauct will immediately help free up your capital to invest in more hard money projects.
CoreVest actively lends hard money loans for single family rental properties throughout AL – Birmingham, Tuscaloosa and all other major cities in Alabama.
Our Hard Money Loans Are Custom Built for Alabama Investors
Whether you buy and hold or fix and flip in Alabama, CoreVest has the capital for your investment needs
Fix and Flip Credit Line
- Individual or multiple properties
- Single-family, condo, townhome, multifamily properties
- $1M – $50M
- Up to 80% of cost
- 18-24 month terms
- Fixed and floating rate options
- Purchase or refinance
- Revolving credit options available
- Renovation financing available
- Foreign nationals eligible
- Nationwide lending
Rental Aggregation
- Individual or multiple properties
- Single-family, condo, townhome,
multifamily properties - $1M – $25M
- 18-24 month terms
- Fixed and floating rate options
- Purchase or refinance
- Revolving credit options available
- Renovation financing available
- Foreign nationals eligible
- Nationwide lending
Questions About The Alabama Market?
Mario Navarrete
Alabama Sales Manager
E: mario@cvest.com
P: 949.430.6624
- The median home value in Alabama is $240,600.
- Alabama home values have gone up 8.1% over the past year
- The average rent for an apartment in Phoenix is $955, a 5% increase from last year.
- More people moved to Alabama than any other county in the country last year
- AL population growth is forecasted to be 120,000 next year.
Alabama Rental Market Updates
Hard money lenders offer a specific type of financing in which the loan is secured by real estate. Hard money loans are typically used for short-term projects, such as flipping houses or funding business ventures. Hard money lenders in Alabama can be a great resource for borrowers who are unable to qualify for traditional financing. Hard money lending can be a great option for borrowers looking for fast, flexible financing.
The Alabama real estate market is on the rise, with prices predicted to continue to increase in the coming years. The Alabama market saw a 5.6% increase in home prices in the first quarter of 2019, and is projected to see a 4.4% increase in the second quarter. This upswing can be attributed to a number of factors, including low unemployment rates, growing wages, and historically low interest rates. In addition, Alabama’s population is expected to grow by 1.5% in 2019, which will create additional demand for housing. Whether you’re looking to buy your first home or invest in Alabama real estate, now is a great time to get into the market.
There’s something special about living in Alabama. Maybe it’s the slower pace of life, the friendly people, or the beautiful scenery. Whatever the reason, there’s no doubt that Alabama is a great place to call home and also invest in single family rental properties.
Overall, living in Alabama has a lot to offer for real estate investors. If you’re looking for a relaxed lifestyle, friendly people, and beautiful scenery, Alabama is the place for you to invest in real estate properties.
Alabama - Fix and Flip Map (Copy)
Some of the best places to invest in throughout AL – Birmingham, Tuscaloosa and all other major cities in Alabama.
Why Partner with CoreVest to Fund Your Next Hard Money Loan?
Experienced – we know your business.
We have partnered with thousands of borrowers to finance residential investment properties across the nation.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
"It’s an honor and a privilege to help hard money investors in Alabama fund their next deal. I have experience working in the Alabama market for many years and can help answer any questions you might have about the local real estate market.”
– Mario Navarrete, Alabama Relationship Manager, CoreVest
For more information on Alabama hard money loans, please call Mario Navarrete at 949.430.6624, fill out the form below or email mario@cvest.com.
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Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry
