Accolend is a top hard money lender in Massachusetts. We provide secure, fast, and hassle-free loans to real estate investors and brokers throughout Massachusetts. At Accolend, we believe in adding value to your project, and so our team of highly dedicated professionals provides you with one-to-one support helping you achieve your goals. As the premier hard money lender in Massachusetts (MA), we provide excellent client service. We can finance your investments as early as 10 days from the application with a minimum paperwork. From the initial conversation to the final deal, no one is going to work harder for you than Accolend. All you need is a reasonable investment that has a good profit margin, and you will receive an approval for hard money financing.
Consistent, Responsive, and Reliable Service: Success in real estate investing requires an experienced and dedicated team who work with the same passion and dedication for every client. At Accolend, we pride ourselves on providing excellent customer service. Our team of experts is ready to assist you from beginning to end throughout the whole process. Our good customer relationships are our strength, and that's why the majority of our clientele are repeat customers.
Experience: Accolend was formed 6+ years ago by Wall Street financiers with much experience in real estate investment; we have funded hundreds of hard money loans providing hundreds of millions of dollars to our clients. Accolend is a trendsetter in the industry.
Support & Coaching: We will not only fulfill your loan requirements but also help and support you to do a better investment. Our programs are designed in such a way that the whole lending procedure will provide you with better knowledge of the industry. Working with Accolend will help you take better investment decisions in the future.
Wide Service Area: Accolend provides hard money loans throughout the state of Massachusetts, as well as in 40 other states.
The following properties are eligible for Hard Money Loans near Massachusetts offered by Accolend:
Single Family Residence (SFR)
2-4 Unit Properties
5+Unit Properties
Condominiums
Town Houses
Loan Rates are different for different types of loans, starting from 5.99% with points and from 7.5% with no points.
Yes, we have both point and no point loan programs.
Loan size depends on the type of loan program, the general range is from, 150k-15MM
Massachusetts is the 14th most populous state in the United States. The state is home to some of the world’s most talented life science and manufacturing experts, as well as a thriving research environment. This unrivaled talent pool has attracted world-class venture capital firms, biotechnology firms, and pharmaceutical corporations, resulting in the creation of tens of thousands of high-paying jobs. This surge in job creation has caused the real estate market to heat up significantly, as supply is at an all-time low and demand is becoming increasingly competitive.
Considerations for Investing in Massachusetts Real Estate A number of factors must be considered, including:
Rising Home Values - In Massachusetts, the median home value is significantly higher than the national average. Home values in the state have risen by 7.0 percent in the last year and are expected to rise by 7.7 percent in the coming year. Due to a lack of supply, median rent prices are also higher than the national average.
High Foreclosure Rates - In Massachusetts, 7.1 percent of homeowners are currently underwater on their mortgages, which is significantly higher than the national average. Foreclosed properties offer fantastic opportunities for real estate investors to buy homes at prices well below fair market value. People who lose their homes due to foreclosure will also require rental housing, which will keep the rental market stable.
High Property Taxes - Massachusetts has the seventh-highest property taxes in the country, and the state’s average effective tax rate is slightly higher than the national average. High property taxes have made homeownership less appealing to many people, including Millennials, which is driving up rent prices.
Harvard University and the Massachusetts Institute of Technology are located in Cambridge, which is less than 5 miles from Boston. Although home prices are significantly higher than the national average, the presence of Ivy League schools, great neighborhoods, and tourism makes it an area worth exploring.
Hard Money Loans in Massachusetts
Massachusetts Chamber of Commerce
Bancroft & District Chamber of Commerce
Merrimack Valley Chamber of Commerce
Metro South Chamber of Commerce
Saugus Chamber of Commerce is located at 38 Main St Saugus, MA 01906.