Dover Hard Money Lender

Dover Hard Money Lender

In the Dover real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. Dover hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

Dover Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in Dover.

What Do Dover Hard Money Lenders Specialize in?

Dover hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished.

What are the Benefits of Dover Hard Money Loans?

Dover hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do Dover Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Dover hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in Dover even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Dover Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in Dover?

Interest rates for hard money loans in Dover are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in Dover, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in a Dover Hard Money Lender?

There are many benefits to working with a Dover hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available.

How can Hard Money Lenders in Dover Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in Dover, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in Dover?

When you want a hard money loan in Dover, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in Dover using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance a Dover Hard Money Loan?

Refinance a Dover hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing a Dover hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Here’s other cites we can help with in New Hamphire: Hard money loans in New Hampshire

Current Real Estate Trends In Dover (2024)

The current real estate trends in Dover, NH indicate that it is currently a buyer’s market, with a larger number of homes on the market than there are buyers looking to purchase them. In October 2023, the median home listing price for Dover was $624.9K, showing an increase of 18.5% compared to the previous year. The median list price per square foot is $331, and the median home sold price is $425K, resulting in a sale-to-list price ratio of 102.3%.

Homes in Dover are generally sold within 19 days of being listed, and the average value of a home in Dover is $465,405. Properties in Dover usually go pending in about 8 days, indicating a relatively fast-paced market. Investing in Dover homes for the long-term could potentially yield a good return on investment due to the projected upsurge in median listing prices. 

Home Values

Home values in Dover, NH have been steadily rising, with an 8.1% increase in the past year. The average value of a home is now at an all-time high of $465,405.

This increase is indicative of a healthy and vibrant real estate market in the area. Buyers and sellers can expect to receive a higher return on their investments as the market continues to progress.

The growing demand for housing in Dover, NH is reflected in the rising home value, making it an attractive option for prospective buyers.

Market Overview

Dover City’s housing market provides a comprehensive overview of key statistics, such as the median sale to list ratio, percent of sales over and under list price, and median days to pending. These figures provide insight for potential buyers and sellers.

The median sale to list ratio demonstrates the percentage difference between the listing price and the actual sale price, giving an idea of how negotiable the prices are.

The percent of sales over or under list price reflects the competitiveness of the market and the willingness of buyers to pay more or negotiate for a lower price.

The median days to pending tracks the average time it takes for a property to go under contract, providing an indication of the market’s activity level.

Property Investment Growth

Property investment in Dover City has been on an upward trend for the past 36 months, creating excitement among potential investors. This period has seen the real estate market in Dover City display consistent growth and positive trends, making it a prime choice for those looking to invest.

Here are three key elements of the current property investment growth in Dover City:

– Property prices rising: Property values in Dover City have been steadily going up, a sign of a strong market demand. This uptrend presents investors with a potentially lucrative chance of generating profits from their investments.

– Days on market low: Homes in Dover City have been selling quickly, with an average time to pending of about 8 days. This suggests a great demand for housing in the area, further supporting the good investment outlook.

– Positive forecast: Long-term predictions for Dover City real estate point towards continued growth and a forecasted rise in median listing prices. This provides investors with confidence in the possibilities of future appreciation and return on investment.

Overall, the current property investment growth in Dover City portrays a flourishing market with favorable conditions for potential investors.


All About Dover

Welcome to Dover, the oldest permanent settlement in New Hampshire! We’re going to take a journey through the rich history, fascinating landmarks, and vibrant present of this incredible city.

We’ll find out the origins of Dover’s name, its establishment by William and Edward Hilton in 1623, and its subsequent transformation.

We’ll learn about the Cochecho Massacre in 1689, a significant event which had a big influence on the city’s history.

Then, we’ll look at the modern era and what Dover has experienced – revitalization of its downtown area, development of the waterfront, and the presence of small businesses in the historic mills.

We’ll also talk about the geography and transportation options in Dover, making it an accessible and convenient place to visit.


You’re curious about the root of Dover? Fascinating! The name actually hails from a Brythonic word for waters, which is quite fitting considering its location near the Cochecho and Bellamy rivers, flowing into the tidal Piscataqua. You can even find similar words in French and Modern Welsh, showing the historical significance of this name. It was first documented as ‘Portus Dubris’, emphasizing its importance as a port city throughout time.

The city of Dover has a rich history. William and Edward Hilton, from Bristol, England, settled in 1623, renaming the area Bristol in 1633 and then Dover in 1637. Log houses called garrisons were built, leading to the nickname ‘The Garrison City’, with Cochecho Falls becoming its population and business hub.

Dover’s past is reflected in its current state. The city has been shaped by its historical events, and stands out as a unique example of a city with a deep-rooted past. Its fascinating story is still visible today, and will continue to be an integral part of the city’s identity in the future.


Explore the rich history of this captivating city, where settlers from Bristol, England established a new beginning and experienced the devastating Cochecho Massacre. William and Edward Hilton started a permanent settlement in New Hampshire in 1623, which was officially named Dover in 1637. The settlers constructed fortified log houses often referred to as garrisons, which earned Dover the nickname ‘The Garrison City’.

Tragically, the peaceful relationship with Native Americans was broken on June 28, 1689, due to the Cochecho Massacre. Major Richard Waldron had played a mock battle trick, resulting in a devastating attack from Native Americans, capturing or killing 52 colonists. This initiated a series of Indian raids that would torment the city for the next fifty years, including the Father Rale’s War raid in 1723.

The Cochecho Massacre was a painful episode in Dover’s history, but it also had times of growth and success. The Industrial Revolution was brought to Dover by the Cochecho Falls, which led to the founding of the Dover Cotton Factory in 1812. The city developed into a major producer of textiles, employing many people. Unfortunately, the mills eventually closed in 1937.

Currently, Dover is undergoing a modern revitalization, with efforts to preserve its historic landmarks and develop its downtown area. Now, let’s take a look at the devastating Native American attack that left a long-lasting effect on the city’s history.

Cochecho Massacre

Witness the devastating Cochecho Massacre, where the peace between Native Americans and colonists was shattered in an instant, and experience the tragic aftermath of Major Richard Waldron’s mock 


battle trick.

On June 28, 1689, a group of Native Americans sought revenge for Waldron’s deception by attacking the settlement. The colonists were taken aback, and 52 of them were either taken prisoner or killed. This 


tragedy initiated a series of raids that plagued Dover for the next fifty years, even during Father Rale’s War in 1723.

The Cochecho Massacre left a lasting impact on the community. It revealed the vulnerability of the settlers and reminded them of the danger posed by Native American tribes. This led to increased 


fortification efforts and a heightened sense of alertness among the colonists.

Still, Dover managed to survive and continue to grow. Dover’s resilience and determination played a major role in its revitalization efforts. It overcame the hardships endured during this period and continued to thrive.

Modern Era

Dover is a city that has made a resilient transformation. Disused mill buildings have been revived and now house the Children’s Museum of New Hampshire and a renovated Henry Law Park with a new playground. Small businesses have been moving into the mills, giving them a new lease on life.

The waterfront is also in the midst of a $6 million development project, making it a much more inviting place for locals and visitors alike. The area is becoming a popular spot for strolling, dining, and taking in the views.

Though the city is embracing its modern identity, it does not forget its past. Antique postcards featuring landmarks such as Cochecho Falls and Pacific Mills remind us of the city’s rich history. These landmarks, along with the small businesses, technology and government services companies, and educational institutions, make Dover a special place.

Geography and Transportation

Dover’s geography and transportation play a vital role in connecting the city to its surroundings. Covering 29.0 square miles, Dover is drained by the Cochecho and Bellamy rivers, which flow into the tidal Piscataqua River. The highest point in the city is Long Hill, located 3 miles northwest of the city center.

Several major routes, including New Hampshire Routes 4, 9, 16, 108, and 155, as well as U.S. Route 4, traverse Dover, providing easy access to neighboring towns such as Newington, Madbury, Barrington, Rochester, Somersworth, Rollinsford, South Berwick (Maine), and Eliot (Maine).

Transportation options in Dover are diverse. The publicly funded bus network, COAST, offers convenient travel within the city. CJ Bus Lines, a private intercity bus carrier, connects Dover to other coastal New Hampshire and Massachusetts cities, including Boston. For those traveling to Durham, the University of New Hampshire operates Wildcat Transit. Additionally, Amtrak’s Downeaster train service stops at the Dover Transportation Center, providing connections to Portland and Boston.

With well-connected roadways and public transit options, traversing Dover and its surrounding areas is made easy.