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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

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

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
Cross-collateral
No
Equity / JV capital
No
Income documentation
Credit Report, Loan Application
Borrower entity
LLC, Limited Partnership, Corporation, Non-Profit Corporation

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.