Spring Lake, NC Private Money Loans
Private money loans in Spring Lake, NC, are short-term loans based on property value, offered by private money lenders like Watermen Capital. These private money loans focus more on the property's worth than your credit score, making them ideal for real estate investors who need quick funding. Private money loans are much faster to get than bank loans, which makes them perfect for fix-and-flip projects, commercial properties, or when you need to move quickly on a good deal.
When investing in Spring Lake's fast-moving real estate market, you need a private money lender who can close quickly and fund your projects without delay. Watermen Capital specializes in private money loans for fix and flip projects, rental conversions, new construction, and rental properties, helping you avoid the strict requirements of traditional banks. With our easy private money financing process and streamlined approval system, you can evaluate potential investments and get private money loans faster than with bank loans, no matter what type of real estate strategy you're using.
Home Value Trend in Spring Lake
Year over Year| 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| $177,966 | $204,429 | $222,280 | $235,320 | $238,909 |
| 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -- | $1,254 | $1,315 | $1,382 | $1,380 |
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Where We Lend
Watermen currently lends on residential properties in Alabama, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.
Watermen is not currently licensed in AZ, ID, MN, ND, NV, OR, SD, UT or VT. Watermen Capital LLC is licensed or exempt from licensing in all other states. Your annual percentage rate may be increased after the fixed-rate period expires. Loans are subject to additional underwriting criteria.