Hard Money Lending Alabama

Your Fix and Flip, New Construction, Cash Out/Refinance Hard Money Lending Partner in Alabama

As the premier private hard money lenders in NJ, Alpha Funding controls its own funds, enabling fast financing with prequalification within 24 hours and loan closings in as little as 7-10 days. We offer 12-month, interest-only bridge financing for the following programs: Fix and Flip, New Construction, Rental Property Financing, and short-term Cash Out/Refinance. Additionally, we provide term rental loans for buy-and-hold investors.

Your Lender for Private Hard Money Loans in Alabama

Since starting our business in 2007, we’ve become trusted hard money lenders across the state. From Birmingham and Huntsville to Montgomery and Mobile, Alabama’s diverse regions offer unique opportunities and challenges for investors. Alabama investors are resilient and resourceful, navigating the demands of the real estate market daily. Alpha Funding’s residential hard money loans are specifically designed to support their growth.

As experienced private lenders in Alabama, we take pride in the strong local relationships we’ve built with top appraisers, attorneys, and title agents throughout the state’s real estate industry.

Get Prequalified Today!

Prequalify for your loan today or call us at (908) 900-4894. Receive preliminary approval for hard money in Alabama within 24 hours and start your next project with confidence:

Matthew Weber

Chief Revenue Officer

Sebastian Viera

Junior Business Development Coordinator

your vision. our capital.

Have Questions?

If you have any questions or want to discuss an upcoming opportunity please call us and one of our team members will be glad to you assist you.

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Alabama New Construction Hard Money Loans

Alpha Funding works with real estate investors on new construction projects, offering hard money loans with competitive interest rates, fast draw turnarounds, and flexible underwriting. The 12-month new construction bridge loans are available to experienced investors, builders, and developers, who can borrow up to 70% of the land value and 100% of the construction costs. For each ground-up construction project, Alpha Funding tailors the construction loan to meet the specific needs of the project, ensuring borrowers receive optimal loan terms for their investment strategies. Alpha Funding assesses each project’s viability and the investor’s experience level to determine the best and most profitable solution for all parties. Whether you’re looking to finance the ground-up construction of single-family or multifamily projects, Alpha Funding is ready to discuss your upcoming deals. Click to learn more about our new construction loans. To fully capitalize on New York investment opportunities, speed is essential. Alpha Funding offers financing solutions that traditional lending institutions can’t match. We can close in as little as three to four days if all paperwork is ready, with an average closing time of just 10 days. Our loans cover up to 85% of the purchase price and 100% of the rehab costs. Click here for more information on rates and requirements for fix and flip loans.

Alabama New Construction Investment Info

As a rapidly growing state with limited housing inventory, Alabama offers profitable opportunities for new construction investments. In Q1 of 2023 alone, 3,289 new construction projects were started statewide, and single-family home permits have increased by 5.1% over the last five years. With inventory levels around a two-month supply, Alabama’s housing market has experienced a 2.6% annual price increase, indicating demand pressure on supply. The average sale price across the state is approximately $339,400, and the average days on market have dropped from 83 to 69 over the last five years. Builders and developers are capitalizing on Alabama’s growing economy, seller’s market, and low development costs. If you’re ready to use Alabama construction loans to scale your real estate business, contact us today.

While our underwriting criteria are flexible—with no minimum credit score requirements—borrowers can trust our commitment because we won’t approve a loan unless our experience assures us that everyone involved will benefit from the deal.

Choosing Alpha Funding for New Construction Loans

Investors who use Alpha Funding hard money loans for new construction appreciate the quick closing times and loan flexibility that contribute to their project success. Slower closing times or stricter loan terms would limit their ability to scale their real estate businesses as quickly as desired. By securing fast, investor-friendly financing, builders and developers leverage Alpha Funding construction loans to increase their market share in their target areas. While some investors explore bank financing or private money loans, they often find that slow processing times and strict requirements from banks or the inconsistency of private lenders can complicate or even jeopardize deals. Working with a lender that matches your pace is invaluable, ensuring you can grow and scale your business according to your strategy. Alpha Funding, run by real estate investors, strives to provide a seamless loan process, allowing investors to focus on their projects with ease. As direct hard money lenders with full control of our capital, we finance a range of new construction investments with flexible underwriting to ensure our borrowers receive the best possible loan. Whether you’re building a few homes annually or scaling to multifamily developments, contact us today to discuss your projects.

We provide various loan options in New York, including 30-year amortization, ARM, and interest-only options. Whether you’re an experienced investor expanding your rental portfolio or just getting started with your first rental property, we’ll work with the best local appraisers, title agents, and attorneys to ensure a five-star experience. If you’re ready to grow your real estate business with our NY rental loans, contact us today.

Alabama Rental Loans & Cash-Out Refinancing

DSCR Loans for Alabama Rental Properties

Alpha Funding’s straightforward and reliable Alabama rental loans are designed for borrowers looking to secure 1-8 unit properties or refinance an entire rental portfolio. Offering competitive terms with rates starting as low as 5% and leverage up to 80% LTV, our goal is to provide flexible rental loan options to our borrowers. These options include 30-year amortization, ARM, and interest-only loans. Alpha Funding offers various rental loan choices, including single rental loans and portfolio loans up to $3 million. Available to investors of all experience levels, each deal is assessed based on the property’s income potential. Additionally, Alpha Funding’s bridge loan program can finance property rehab or ground-up construction before refinancing into a long-term rental loan, making us a one-stop shop for Alabama real estate investors. Click to learn more about our rental loan programs.

Alabama Rental Markets

Real estate investors in Alabama benefit from a strong rental market due to low housing inventory. With a statewide renter-occupied property rate of 36%, long-term investment opportunities are profitable. Affordable home prices, low property taxes, and low housing inventory, especially in metro areas, enhance the profitability of long-term investments. In cities like Birmingham, with a 54% renter rate, investors can find affordable properties that generate consistent monthly income with low vacancy risk. Whether you’re pursuing a buy-and-hold strategy for traditional long-term rentals or growing a portfolio of short-term rentals, Alpha Funding can help finance your success. Ready to grow your rental portfolio using our Alabama rental loans? Contact us today.

Alabama Stabilized Bridge Loans

Hard Money Bridge Loans for Stabilized Properties

Alpha Funding now offers bridge loans for stabilized properties, adding flexibility for borrowers who need to adapt to market changes. As real estate market prices stabilize and rental loan interest rates increase, some borrowers may need to adjust their exit strategies. This bridge loan suits investors who have recently completed renovations, new construction projects, or are considering turnkey rentals and need temporary financing before sale or refinancing. Alpha Funding offers an interest-only loan with no pre-payment penalties to bridge these gaps.

How Do These Stabilized Bridge Loans Work?

Our 2-year debt service coverage ratio (DSCR) loans provide up to 24 months of bridge financing with no prepayment penalty, allowing flexible loan exit options. Extensions are available for an additional fee, ensuring you’re properly financed throughout. We can offer stabilized financing for properties up to 20 units, using the lesser of market rent or leased rent to determine DSCR and deliver competitive loan terms. Loan terms are customized based on borrower experience, FICO score, and DSCR, utilizing the lesser of either market or leased rent. If your deal requires temporary bridge financing, contact us today.