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ARE YOU IN NEED OF A

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

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

ALFIE is your spec loan financing specialist in Newton, 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.

Main Street in Newton, NC

Newton, NC Real Estate Investments

Newton, North Carolina, situated in Catawba County, embodies a blend of small-town charm and economic vitality. As the county seat, Newton boasts a rich history dating back to its establishment in the 19th century. The downtown area retains much of its historic architecture, complemented by modern amenities like local shops, restaurants, and cultural venues. Residents enjoy a close-knit community atmosphere with events such as the annual Soldiers Reunion, celebrating the town’s heritage. Newton’s location near the foothills of the Blue Ridge Mountains provides easy access to outdoor recreational opportunities, including nearby parks and lakes ideal for hiking, fishing, and picnicking. The town’s commitment to education is evident with its public schools and proximity to institutions like Catawba Valley Community College, enhancing its appeal as a family-friendly community.

Investing in real estate in Newton, NC, presents a promising opportunity for several reasons. The town’s strategic position along major highways, including Interstate 40 and US Route 321, facilitates convenient commuting and regional travel, enhancing its attractiveness to prospective residents and businesses alike. Newton has experienced steady population growth, reflecting its appeal as a residential destination within the greater Charlotte metropolitan area. This demographic expansion drives demand for housing, making real estate investments particularly lucrative. Affordable property prices compared to nearby urban centers provide investors with opportunities for both rental income and property appreciation. Additionally, ongoing community development initiatives and infrastructure projects ensure a conducive environment for real estate development, positioning Newton as a favorable location for long-term investment in North Carolina’s dynamic housing market.

Are you looking to invest in Newton, 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 Newton, Together

ALFIE is a locally owned and operated financing provider that believes in the growth of Newton, NC because the town is bolstered by steady population growth and favorable conditions for fix-and-flip or spec-home construction projects. Over recent years, Newton and Catawba County have seen consistent population increases, reflecting a growing demand for housing options in the area. From 2010 to 2020, Catawba County’s population rose by approximately 7%, underscoring a sustained influx of new residents attracted by the town’s affordability, community atmosphere, and proximity to larger urban centers like Charlotte.

One lucrative strategy in Newton is engaging in fix-and-flip projects. The town features a mix of older homes and properties that present opportunities for renovation and modernization. By revitalizing these properties, investors can significantly enhance their market appeal and value, capitalizing on the increasing demand for updated housing options in a growing market. Newton’s historic charm combined with its affordability relative to nearby metropolitan areas makes it an attractive location for such projects, potentially yielding substantial returns on investment through improved resale values.

Spec-home construction also holds significant financial potential in Newton. As the town continues to attract new residents and businesses, there is a continuous demand for new housing developments. Building speculative homes tailored to modern living preferences can meet this demand while offering developers the opportunity to benefit from rising property values and increasing market demand. The town’s strategic location along major transportation routes enhances its accessibility and further supports its appeal as a residential and investment destination, making Newton a promising choice for real estate development in North Carolina’s competitive 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.