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ARE YOU IN NEED OF A

Spec Home or Build to Rent Construction Loan in
Charlotte, NC?

ALFIE works with Contractors, Spec-Home Builders, and Real Estate Investors in Charlotte, NC to provide specialized financing options to help your project succeed.

ALFIE is your spec loan financing specialist in Charlotte, NC.

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
Connect With An Originator
Use the ALFIE Cost Calculator
This worksheet assumes a 9-month construction period with 7 equal monthly draws and a 2 month hold period with the full loan amount drawn.

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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.

Aerial View of Jefferson, NC

Charlotte, NC Real Estate Investments

Investing in real estate development projects in Charlotte, NC, particularly in spec homes and build-to-rent (BTR) developments, offers a promising opportunity for both investors and the local community. Charlotte, one of the fastest-growing cities in the United States, is experiencing significant demand for new housing due to its booming economy, population growth, and expanding job market. With its low cost of living, vibrant cultural scene, and proximity to major business hubs, Charlotte has become a magnet for both residents and businesses. For investors, this means a high potential return on investment as demand for homes, particularly rental properties, continues to surge.

For builders and developers, spec homes and BTR projects offer a particularly compelling opportunity. Spec homes, or speculative homes, are built without a specific buyer in mind, allowing investors to take advantage of the high demand for move-in-ready homes in Charlotte. These homes can be built quickly to meet market demand, offering investors flexibility and a quicker turnaround on their investment. Build-to-rent projects, on the other hand, cater to the growing trend of renters by choice, particularly among younger generations and families. As the demand for rental properties increases in Charlotte, BTR developments offer stable, long-term income streams and less exposure to market fluctuations compared to traditional home sales.

Are you looking to invest in Charlotte, NC? Let the Real Estate experts at ALFIE help you get the financing you need for your next project.

Connect With ALFIE

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.

Apply Today

Let’s Invest In Charlotte, Together

ALFIE is a locally owned and operated financing provider that believes in the growth of Charlotte, NC. In recent years, Charlotte has experienced notable growth in both its real estate market and population. Charlotte is one of the fastest-growing cities in the U.S. According to the U.S. Census Bureau, the city’s population grew by over 20% from 2010 to 2020, and it is projected to continue growing at a rapid pace. As of 2023, Charlotte’s population is estimated to exceed 900,000, with the metropolitan area surpassing 2.7 million. This population boom creates a constant demand for housing, making it an ideal market for real estate development and investment.

Not only are these projects financially beneficial for investors, but they also contribute positively to the local community. By developing spec homes and BTR properties, investors are meeting the city’s growing need for affordable and accessible housing options. This helps alleviate the strain on existing housing inventory, reduces rental price inflation, and provides more options for people looking to live in a thriving city like Charlotte. These developments also create jobs in construction, trades, and property management, fostering economic growth within the region.

For builders and contractors looking to finance these projects, using ALFIE Loans offers a streamlined and effective solution. ALFIE Loans specializes in providing financing for spec homes and BTR developments, offering quick access to capital so that projects can get off the ground faster. Their flexible loan terms and focus on real estate development make them an ideal partner for contractors looking to secure financing without the red tape often associated with traditional lending sources. With ALFIE Loans, builders can access the funding they need to start their projects on time, maximize their profits, and help meet the housing demands of the Charlotte community. By partnering with ALFIE Loans, both investors and builders can ensure that their projects are well-financed and ready to capitalize on the growing housing market in Charlotte, NC.

Let’s Get Started

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.

Get Started

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.

CLICK HERE TO GET STARTED, IT’S FAST AND EASY