Rhode Island Hard Money Loans

Hard Money Loans in Rhode Island

Across Rhode Island, hard money loans function as practical financing alternatives that prioritize property equity over borrower credit history. These specialized loans, provided by experienced hard money lenders like Watermen Capital, address the unique investment scenarios found throughout Rhode Island's diverse real estate markets. Hard money loans eliminate the extended waiting periods associated with traditional bank financing, offering Rhode Island investors quick access to capital for property flips, distressed property acquisitions, or strategic purchases where conventional lenders might move too slowly for the fast paced Rhode Island market conditions.

Our Rhode Island Rates

• Single Family Homes, Condominiums and Multifamily Apartments
• Loan Amount - $75,000 to $10,000,000 per property
• Interest Rates - Starting at 8.5%
• Interest Only Payments
• Loan Term - 12 to 24 Months, Prepayable
• Loan Advance - Up to 90% of Purchase Costs, Up to 100% of Rehab Budget

As an established hard money lender with expertise across all Rhode Island markets, Watermen Capital offers investors customized loan solutions that address the unique challenges and opportunities found throughout the state. Our hard money loans feature simplified processing and expedited funding that make property investment across Rhode Island's varied landscapes more accessible and potentially more profitable. Whether your investment approach involves distressed property renovation in urban cores, rental property acquisition in suburban communities, new construction in expanding regions, or income focused properties in established markets throughout Rhode Island, our hard money financing delivers the responsiveness and adaptability essential for success in today's dynamic real estate environment.