Skip to main content
ARE YOU IN NEED OF A

Construction Loan or Bridge Loan in Lenoir , NC?

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

ALFIE is your spec loan financing specialist in Lenoir, 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
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.

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.

Downtown Lenoir, North Carolina

Lenoir, NC Real Estate Investments

Lenoir, NC, nestled in the picturesque foothills of the Blue Ridge Mountains, embodies a blend of historical charm and modern amenities. Established in the 19th century, Lenoir grew alongside its thriving furniture manufacturing industry, which continues to influence its economy and community today. The town’s downtown area boasts beautifully preserved historic buildings, offering a glimpse into its past while housing a variety of local businesses, cafes, and galleries. Lenoir is renowned for its outdoor recreational opportunities, with nearby attractions like the Pisgah National Forest and the Blue Ridge Parkway providing ample opportunities for hiking, camping, and scenic drives. Cultural events such as the annual Sculpture Walk and concerts at the J.E. Broyhill Civic Center contribute to the town’s vibrant arts scene and community spirit.

Investing in real estate in Lenoir, NC, presents a compelling opportunity due to several factors. The town’s affordable housing market compared to larger cities in North Carolina makes it an attractive option for both homeowners and investors seeking value and potential returns. Lenoir’s strategic location along major transportation routes, including Highway 321, enhances its accessibility and connectivity to urban centers like Hickory and Charlotte, fostering economic growth and increasing property value potential. Additionally, Lenoir’s diverse economy, bolstered by industries such as furniture manufacturing, healthcare, and education, provides a stable foundation for real estate investments. Whether considering residential properties, commercial developments, or rental investments, Lenoir offers a promising landscape supported by its scenic beauty, cultural richness, and economic resilience.

Are you looking to invest in Lenoir, 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 Lenoir, Together

ALFIE is a locally owned and operated financing provider that believes in the growth of Lenoir, NC, which presents a compelling case for real estate investment, particularly when considering its potential for population and job growth in the region. The town’s strategic location in the foothills of the Blue Ridge Mountains, coupled with its affordability compared to larger urban centers, makes it an attractive destination for individuals and families seeking a tranquil yet accessible living environment. This appeal is bolstered by ongoing efforts to attract new businesses and residents, supported by local economic development initiatives and infrastructure improvements.

Population growth in Lenoir is driven by several factors, including its quality of life amenities such as outdoor recreational opportunities, historic charm, and cultural events. As more people discover Lenoir’s favorable living conditions, demand for housing is expected to increase, potentially leading to appreciation in property values and rental income opportunities for investors.

Lenoir’s diverse economy, historically rooted in industries like furniture manufacturing and agriculture, continues to evolve with the addition of healthcare, education, and technology sectors. This economic diversification enhances job opportunities and supports a stable local economy, which is crucial for sustaining long-term real estate investments. Overall, Lenoir’s blend of affordability, quality of life, economic resilience, and growth potential positions it as a promising location for real estate investors looking to capitalize on both current opportunities and future trends in the region.

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.