New Silver’s team of technologists and real estate experts put together what every real estate investors needs – easy and fast online application process and loan products that work for you. Review our Loan Products to learn more.
A hard money loan is a short-term loan secured by real estate and funded by a group of private investors. Learn more about how it works.
If you want to get funded, start by filling out the online application and get conditionally approved. Upon approval, we’ll let you know what supplementary information is needed. We arrange a quick appraisal as needed, and final approval and closing takes place within a week.
Yes, we are a direct lender.
New Silver offers fix and flip, fix and rent, ground up and refinance loan products.
Because we are an asset backed lender, we can consider everyone’s application. We do check your FICO score and if it is under 600, we may ask you for additional documents, fees, or a cosigner. Please fill out the Get Funded form to get detailed info.
Fix and flip refers to the purchase of a real estate property with the intention of renovating and reselling it for a profit.
Fix and rent refers to the purchase of a property with the intention of renovating and renting out the property.
Bridge loans refer to longer loans which cover an interval between two transactions.
Ground up construction loans refer to loans that finance purchase of land and building a dwelling
Cash-out refinance allows the borrower to convert equity into cash by taking out a loan for a larger amount than the original.
A proof of funds is a letter from a lender to a prospective seller, proving that the buyer has been pre-approved for financing. New Silver can produce a Proof of Funds letter online within 5 minutes, you can start now by filling out the application.