Below you’ll find clear answers to some of the most common questions about Rock Harbor Group.
If your question isn’t covered below—or you’d prefer to speak with our team directly—give us a call at (561) 623-5487.
Most loans close within three to five business days after approval. We move quickly because we lend our own capital, without relying on outside investors or banks.
Construction funds are disbursed in draws tied to your approved build sheet. After each phase of work is verified by our in-house photographer, the corresponding draw is processed and wired within two business days.
We lend throughout the Hampton Roads region—primarily in Norfolk, Virginia Beach, Chesapeake, Suffolk, Portsmouth, and Newport News.
Yes. Rock Harbor funds both the property acquisition and the construction draws, so you work with one lender for the entire project from start to finish.
We primarily partner with experienced builders, but we’re happy to review any deal and provide feedback or guidance for those new to the process.
A residential commercial loan is an asset-based loan secured by the property itself rather than the borrower’s personal credit. Each loan is underwritten using the property’s after-repair value (ARV), allowing you to qualify based on the strength of the project. As a borrower, you won’t need extensive financial documentation or large upfront payments—just a solid deal and a clear plan.
