Types of Loans
Need a loan... without the red tape?We can help. We arrange financing for residential, commercial, and new construction, land, and equity loans. Our equity loans and privately funded trust deeds enable us to work with almost anyone, regardless of past credit.
- Construction Loans
Whether you're an owner/builder, contractor or average Joe, when it comes to getting financing for any building project, you can count on Newmark. From a modest family home, to an office complex, we will work with you to understand your particular needs. We'll suggest creative solutions to finance your project. We'll approach your situation based on who you are, not a pre-printed rule book, and we'll do what we say we will do.
- Fix & Flips - Based on ARV
- Owner/Builder - No General Contractor required
- Spec Homes
- Rehab Homes - Based on ARV
- Equity Loans
All you need is either a vacant lot or existing structure that has equity. We will find a way to help you borrow against your property. Our point-of-view is based on the amount of equity you have, not your credit. We look at a credit report with a human, understanding eye for real-life setbacks and experiences. From the Newmark perspective, where there is equity and ideas, there is money available.
- Equity loans up to 65%
- Land Loans
- Rehab Loans for Real Estate Investors
Capitalize on your time critical real estate opportunities with our hard money rehab loans. They are suited for real estate investors looking for short term financing for rehab projects and home owners looking to improve the value of their property. Bad credit is not a problem for our loan programs. We are concerned with the equity in the deal, ability to repay, your experience, and capability in completing rehab projects.Loan Requirement: Max loan to Value (LTV) of 65% after repair value (ARV)
Loan amounts from $30k and upWhat we like to see:
We want to know what the current value is, as well as the ARV of the rehab project.
Your experience: If you have done rehab projects before, are acting as your own general contractor, are a real estate professional, in building trade.
Your money at risk: We like to see the borrower putting some of his own money into the deal.
- Bad Credit Home Equity Loans
Bad credit is not a problem for our loan programs, and you will not be turned down because of bad credit or a low fico score. We look at the equity in your home/property and your ability to repay, not your credit score.Loan Requirements: Max LTV of 65%Bad credit loan programs also work for:
- Non Resident Aliens - OK (No credit history no Tax ID#)
- Non Owner occupied property
- Foreclosure bailout loans
- Identity theft victims
- Vacant Land Loans
If you plan to use the land loan proceeds to build on or improve the land, make sure to tell us. If the land loan will encompass several parcels and you will be building on them, subdividing lots and/or selling lots, you will probably want to request a release clause.
- Commercial LoansLoans for commercial properties such as: Office buildings, apartment buildings, self storage facilities, churches, mobile home parks, gas stations, retail space, industrial and mixed use.
Real Estate & Construction Hard Money / Private Money Equity Loans - Reno, Sparks & Northern NV
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