Welcome to Newport Mortgage LLC

Fix & Flip and 
new construction
financing
with industry-leading rates

 
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Broker License #2018364LB

 

 

Fix & Flip Line of Credit

  • Lines of credit for multiple transcations1
  • Funding up to:
    90% of purchase price
    95% of rehab
    75% LTV
  • Loans from $50K to $2.5MM2
  • Recourse and non-recourse options available
  • Single loans available for first-time investors:
    no experience required

New Construction Line of Credit

  • Lines of credit for multiple transcations1
  • Funding up to:
    75% of land value
    95% of construction budget
    75% LTV
  • Loans from $150K to $2.5MM2
  • Single loans available for first-time investors:
    no experience required

 

 

 

Financing For
Real Estate Investors

 

Financing for real estate investors

 

 

Mark Jernstedt

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

 

 

 

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. Borrowers are approved for a maximum exposure limit, based on their experience, liquid assets, net worth, and credit score 2. Each loan is subject to property approval under Finance of America Commercial terms and conditions. Each property has an individual secured loan3. Land must be already be improved/developed for use (ie., ready for utilities and plumbing.) All applicable building permits must be submitted; if building permits not submitted, funding limited to 60% of lower of land value or purchase price4. New Construction loans are ineligible for condo property types. REV. 03.19.2018   

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.