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Hard money loans in Quincy, MA
Investment property loans in Quincy and along the South Shore.
Investing in Quincy real estate
Quincy sits directly south of Boston with four Red Line stations: North Quincy, Wollaston, Quincy Center and Quincy Adams. That transit access, plus miles of coastline, makes it one of the strongest rental and resale markets outside the city itself.
Investors find single-family colonials and capes, two-families, and a growing number of condominiums, especially around the redeveloped Quincy Center. Renovated homes near the Red Line draw buyers and tenants who work in Boston.
Neighborhoods investors ask about
- North Quincy and Wollaston: single- and two-family homes within walking distance of the Red Line
- Quincy Center: condominiums, mixed-use buildings and new development
- Quincy Point and West Quincy: two-families and more affordable single-families
- Squantum, Houghs Neck and Germantown: coastal neighborhoods of smaller single-family homes
- Marina Bay: waterfront condominiums
What to plan for on a Quincy deal
- Parts of Quincy’s coastline are in flood zones. Flood insurance adds to the monthly payment, which lowers the DSCR on a rental and belongs in your numbers from day one.
- Coastal properties can also need Conservation Commission review for exterior work.
- Condominium purchases are subject to condo-specific underwriting. We finance both warrantable and non-warrantable condos.
- Most of the housing predates 1978, so the Massachusetts lead law applies to rentals where young children live.
Loan programs for Quincy investors
| Program | What it funds | Maximum leverage |
|---|---|---|
| Fix and flip loans | Buying and renovating a property you plan to resell | Up to 90% of purchase and 100% of rehab, capped at 70 to 75% of after-repair value |
| DSCR rental loans | Buying or refinancing long-term and short-term rentals | Up to 85% loan-to-value on a purchase, up to 80% on a cash-out refinance |
| New construction loans | Ground-up builds, including the land | Up to 90% of cost for experienced builders, capped at 70 to 75% of completed value |
| Portfolio and commercial loans | Several rentals under one loan, plus multifamily and commercial property | Up to 80% on a portfolio purchase; commercial quoted deal by deal |
Quincy hard money loan questions
Yes. We lend on investment property throughout Quincy and the South Shore, including fix and flip loans, DSCR rental loans and new construction loans.
Yes. We finance warrantable and non-warrantable condominiums as rental property. Non-warrantable condos are financed at slightly lower leverage.
Yes. The DSCR compares rent with the full monthly payment, which includes insurance. A flood insurance premium raises that payment and lowers the ratio, so get a quote before you make an offer.
Fix and flip loans average up to 21 days and can close in about 7 days when title and insurance are complete. Rental and DSCR loans take about 30 days, including the appraisal.
Other Massachusetts markets
Have a deal in Quincy?
Tell us the address, the purchase price and your plan for the property. We will come back with leverage and pricing for your scenario.