NEW CONSTRUCTION
FINANCING
FOR INVESTORS AND BUILDERS

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Broker License #2018364LB

Lines of Credit for Streamlined Funding

 

  • Lines of credit up to $10MM1
  • Loan amounts from $150,000 - $2,500,0002
  • Rates starting at 6.99%
  • Funding up to 75% of land value3, 95% of construction budget, and 75% loan-to-value
  • 12 month term, with optional extentions

 

 

CONTACT ME TODAY!

 

Mark Jernstedt

President/Owner
NMLS-14531
Phone: 508-577-7361
Email: mark@newportrimortgage.com
https://www.newportrimortgage.com

 

 

 

 

Financing For
Real Estate Investors

 

Financing for real estate investors

 

Loans are subject to investor and business credit approval, appraisal and geographic location of the property and other underwriting criteria. Loan amounts and rates vary depending upon loan type, LTV, verification of application information and other risk based factors.  Application fees, closing costs and other fees may apply1. LTV is maxed at 65% for any individual loan > $750K 2. Any multi-family property 30 years or older can not exceed 25-year amortization 3. Refinance loans on properties owned <90 days are capped at 80% loan-to-cost4. Multi-family properties 30 years or older will qualify for interest-only loans at a limited LTV. REV. 03.20.2018

Broker featured in this advertisement is not employed by Finance of America Commercial LLC and their affiliation with Finance of America Commercial LLC is limited exclusively to the commercial loan products they can offer through their broker relationship with Finance of America Commercial LLC. 

Product offered through Finance of America Commercial LLC |   | NMLS ID #1133465 | Product not offered in all states. 

 

 

Apply Now!