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Contractor, Spec-Home Builder, or Real Estate Investor

in need of construction lender or bridge loan?

Alfie is your spec loan financing specialist.

We offer common sense financing packages forcontractors and real estate investors. Our loans are offered at a fixed rate of 12% for a term of 12 months with a 2% origination fee. Our average borrow’s cost of capital is between 7-8% of project cost.

These loans are specifically for spec-home builders, investors, and developers who need financing for projects. Alfie does not provide construction financing for owner-occupied residences.

  • No tax return is required
  • The process is simple and fast
  • Only pay interest on the money drawn
  • Up to 100% Financing is available, including soft costs

Get Started Today

Fill out the form below and one of our loan originators will contact you quickly to answer any questions about your project and our loan programs.

We are not bankers.

We’re Real Estate People

We provide simple spec home financing and a common sense approach that allows for fast closings and fast construction draws.

Understand The Process

1. Apply

Complete the CONTACT US/APPLY NOW form shown above. Or call us at (828)776-8632 to connect with a loan originator.

2. Due Dilligence & Underwriting

An ALFIE loan originator will guide you through the process of providing all the details we need. Our team will answer your questions about our loan programs.

3. Loan Commitment

Once all your paperwork is complete, we move quickly. It typically only takes 3 weeks to go from Application to Closing.

4. Closing

Just a few signatures and you’re ready to get to work doing what you do best.

5. Construction Draws

Draws a painless and fast. And you only pay interest on the money that is drawn.

6. Loan Payoff

ALFIE loans are often paid off in less than 9 months. And we’ll be here when you’re ready to do it all again.