Fast Hard Money Loans – Maine

Perfect for both new and experienced investors interested in Maine real estate flips. Our hard money loans can fund up to 90% of the property purchase and cover 100% of renovation costs.

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Reasons to Choose Investors Mortgage Group for Your Maine Hard Money Loan

Over 200

Funded Deals

$80M+

Loan Volume

100+

5 Star Reviews

10-14 Days

Avg. Closing Time

In 35 States

Including Montana

The Top Choice for Hard Money Loans in Maine

We are Maine top choice for hard money loans, providing fast, reliable, and flexible funding solutions for your investment projects. Our expert team is dedicated to helping investors.

Prioritizing Profitable Projects

We focus on funding deals that show strong potential for success. Key criteria typically include:

Loan amounts up to 75% of the After Repair Value (ARV)

Projects with at least a 20% projected return on investment (ROI)

ARV supported by credible sold comparables, not inflated listings

Our goal is to support projects where investors are positioned to succeed.

Matching Rehab Scope with Experience

As investors gain experience, they can access financing for larger and more complex projects:

Beginner investors: Moderate rehab projects (rehab ≤ 50% of purchase price)

Intermediate investors (1–2 completed projects): Heavier rehabs (rehab ≤ 100% of purchase price)

Experienced investors (3–5+ completed projects): Expansion and large-scale projects

Most successful real estate investors follow a repeatable strategy focusing on light to moderate rehabs.

Rewarding Creditworthy Borrowers

Even though our loans are primarily asset-based, creditworthiness still matters:

Strong credit is one of the top indicators of successful flips

High credit utilization common among investors is acceptable for underwriting

Borrowers with credit scores above 660 are eligible for financing

Lending in Strong Montana Submarkets

Loan leverage is adjusted according to local market conditions:

Up to 75% LTARV in Montana’s strongest housing markets

More conservative leverage (e.g., 65% LTARV) in slower or declining submarkets

Maine Hard Money Loan Products

Maine Fix and Flip Loan – Beginner

Designed for first-time investors with solid credit, focusing on light to moderate rehab projects.

Up to 90% Loan-to-Cost (LTC) and 100% rehab for credit scores 740+
Up to 80% purchase + 100% rehab for credit scores 720+
Up to 75% purchase + 100% rehab for credit scores 660+
Maximum 75% Loan-to-After-Repair Value (LTARV)
Interest rates: 10.75% – 11.25%
Origination fee: Starting at 2.0%
Loan size: $50,000 – $2,000,000
Rehab scope: Moderate only (≤50% of purchase price)

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Maine Fix and Flip Loan – Intermediate

Ideal for investors with 1–2 prior projects and larger rehab goals.

Up to 90% LTC + 100% rehab for credit scores 740+
Up to 80% purchase + 100% rehab for credit scores 680+
Up to 75% purchase + 100% rehab for credit scores 660+
Maximum 75% LTARV
Interest rates: 10.65% – 11.25%
Origination fee: Starting at 2.0%
Loan size: $50,000 – $2,500,000
Rehab scope: Heavy rehab allowed (≤100% of purchase price)

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Maine Fix and Flip Loan – Pro

Tailored for experienced investors with 3–5+ completed projects pursuing larger or complex rehab projects.

Up to 90% LTC + 100% rehab for credit scores 720+
Up to 85% purchase + 100% rehab for credit scores 680+
Up to 80% purchase + 100% rehab for credit scores 660+
Maximum 75% LTARV
Interest rates: 10.5% – 10.75%
Origination fee: Starting at 1.5%
Loan size: $50,000 – $3,500,000
Rehab scope: Expansion projects and lopsided rehabs allowed

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State
Maine

Loan Type
Fix and Flip

Loan Amount
$703,000

Loan Amount (if applicable)
90% of Purchase + 100% Of Rehab

Rate
10.75%

Points
2%

Maine Deal Summary

A $703,000 hard money loan was provided to a first-time investor for the purchase and renovation of a 4-bedroom, 2-bathroom, 2,106 sq. ft. property in Bozeman, MT.

The financing covered 90% of the purchase price and 100% of the $100,000 rehab budget, which included a complete renovation with a new kitchen, updated bathrooms, flooring, fresh paint, and high-end finishes.

The borrower, a first-time fix-and-flip investor with excellent credit (740+), undertook a project with strong profit potential. With an expected After Repair Value (ARV) of $1,100,000, maximum leverage of 75% LTARV was offered. The investor contributed a $67,000 down payment plus closing costs out-of-pocket.

The loan application was submitted well in advance, and the transaction closed on schedule without any issues.

Frequently Asked Questions

How Do Hard Money Loans Work in Montana?

Hard money loans in Montana are short-term, asset-based financing options that real estate investors use to purchase, renovate, or build investment properties. Approval is primarily based on the property’s current value, its after-repair value (ARV), the investor’s track record, and credit score—rather than personal income. These loans can often close quickly, sometimes in as little as 7–10 days, making them a strong choice for competitive markets such as Bozeman and Helena.

Are Fix and Flip Loans the Same as Hard Money Loans?

Yes, fix and flip loans are a type of hard money loan. They are specifically designed to help investors quickly access funds for purchasing and renovating distressed properties before reselling them for a profit. For more details, see our full guide on fix and flip loans.

Can I Finance 100% of My Fix & Flip with a Hard Money Loan?

In Montana, investors are generally expected to contribute 10–20% of the project cost as a down payment. However, both experienced investors and first-time investors with strong credit may qualify for up to 90% Loan-to-Cost (LTC) and 100% of rehab expenses, effectively covering the entire renovation budget.

How Fast Can I Close a Hard Money Loan?

In Montana, hard money loans can often close in as little as 7–10 business days, depending on the appraisal process and the speed of document submission.

Do Hard Money Loans Require a Good Credit Score?

While credit scores are considered, approval primarily focuses on the property’s value and your exit strategy. Borrowers with credit scores as low as 660 may qualify, with more favorable terms available for scores of 740+.

Best Cities To Invest In Real Estate
In Maine

Portland

The local housing market has eased from its pandemic-era highs, with properties spending more time on the market and sellers becoming more flexible on pricing—creating favorable conditions for well-positioned renovation projects. While overall inventory remains limited in sought-after eastside areas and nearby suburbs, this scarcity allows well-updated homes to stand out. The strongest opportunities are typically found in older craftsman and mid-century homes that require cosmetic updates such as modern kitchens and bathrooms, added ADUs, or improved layouts. Investors who acquire properties at a discount and deliver move-in-ready homes in walkable, transit-friendly locations can still achieve healthy margins, even in a slower market environment.