ALFIE is your spec loan financing specialist in Hickory, 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
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.

Hickory, NC Real Estate Investments
Hickory, North Carolina, nestled in the Catawba Valley at the foothills of the Blue Ridge Mountains, is renowned for its blend of industrial heritage and modern amenities. As the hub of Catawba County, Hickory has evolved from its roots in furniture manufacturing to become a vibrant community offering a high quality of life. The downtown area showcases a mix of historic architecture and contemporary developments, with a bustling arts and cultural scene. Residents and visitors alike enjoy shopping at the Hickory Furniture Mart, exploring local craft breweries, and attending events at the Hickory Metro Convention Center. Nature enthusiasts can take advantage of nearby outdoor attractions such as Lake Hickory and the Catawba River, which offer opportunities for boating, fishing, and hiking. With a strong emphasis on education, healthcare, and innovation, Hickory continues to attract new residents seeking a balanced lifestyle in a picturesque North Carolina setting.
Investing in real estate in Hickory, NC, presents a compelling opportunity due to several factors that contribute to its economic and residential appeal. The town’s strategic location along Interstate 40 positions it as a gateway between the mountains and larger urban centers like Charlotte and Asheville, fostering economic growth and accessibility. Hickory’s diversified economy, which includes manufacturing, healthcare, and technology sectors, provides a stable job market and attracts a steady influx of new residents. This demographic growth fuels demand for housing, making real estate investments particularly promising. Affordable housing prices relative to larger metropolitan areas further enhance Hickory’s appeal, offering investors opportunities for both rental income and property appreciation. Additionally, ongoing community revitalization efforts and infrastructure developments ensure a conducive environment for real estate development, reinforcing Hickory as a favorable destination for long-term investment in North Carolina’s dynamic housing market.
Are you looking to invest in Hickory, NC? Let the Real Estate experts at ALFIE help you get the financing you need for your next project.
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.
Let’s Invest In Hickory, Together
ALFIE is a locally owned and operated financing provider that believes in the growth of Hickory, NC because of its robust population growth and favorable conditions for fix-and-flip or spec-home construction projects. Over recent years, Hickory and Catawba County have experienced steady population growth, indicating a rising demand for housing options in the region. From 2010 to 2020, Catawba County’s population increased by approximately 7%, highlighting a consistent influx of new residents attracted by the town’s amenities, job opportunities, and quality of life.
One profitable strategy in Hickory is fix-and-flip projects. With its rich industrial heritage and evolving economic landscape, there are numerous older homes and properties ripe for renovation. Renovating these properties not only enhances their market appeal but also allows investors to capitalize on rising property values in a growing market. The historic charm of Hickory’s neighborhoods can be preserved while modernizing homes to meet contemporary living standards, thereby increasing their desirability and resale value.
Spec-home construction also offers significant financial benefits in Hickory. As the town continues to attract new residents and businesses, there is a persistent demand for new housing developments. Building speculative homes tailored to the preferences and needs of modern buyers can satisfy this demand and yield substantial returns for developers. The relative affordability of land and construction costs compared to larger urban areas makes Hickory an attractive location for such projects, potentially resulting in faster turnover and higher profit margins. Additionally, Hickory’s strategic location along major transportation routes enhances its accessibility and further supports the town’s appeal as a residential and investment destination in North Carolina’s thriving real estate market.
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.