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New Silver CRE

West Hartford, CT·Nationwide
New Silver offers fix-and-flip, ground-up construction, and long-term DSCR rental loans for real estate investors. The company's primary focus is residential transitional lending, particularly fix & flip and construction financing.
New Silver CRE describing itself

Loan programs

Term
Rate
Term
Rate
Term
Rate
Maximum leverage
Max LTV 85%Max LTP 85%
Term
Rate
Maximum leverage
Max LTC 90%Max ARV 75%
Term
Rate
Term
Rate
Maximum leverage
Max LTC 90%Max LTCV 75%
Term
Rate

Terms & qualification

Typical loan size
$100K – $5M
Typical term
12 mo – 30 yr
Interest rate
5.88%
Origination / points
1.00% to 1.75%
Minimum FICO
660
Lien position
1st
Prepayment penalty
Yes
Payment structure
Interest Only
Recourse
Always
Closing speed
10 days typical · 5 days fastest
Prepayment structure
Cross-collateral
No
Equity / JV capital
No
Income documentation
Credit Report, Loan Application
Borrower entity
LLC, Limited Partnership, Corporation, Non-Profit Corporation
Experience required

Property types

Lending footprint

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.