Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Hard Money Loans
Data driven hard money lending. Get your loan in under 10 minutes
Fix and Flip
Buy, renovate and resell your property with up to 90% LTC
Interest Rate
9.25 - 11.25%
Origination fee
1.25 - 1.75%
Loan To Cost (LTC)
up to 90%
Construction Financing
up to 100%
Loan To ARV
up to 75%
Term
up to 18 months
Minimum Loan Amount
$100,000
Maximum Loan Amount
$5,000,000
Minimum FICO
650
Type of Property
Residential 1-4 units, condos, townhomes
Benefits For Borrowers
Instant Proof of Funds Letter
Interest Only Payments
Discounts for Repeat Borrowers
Instant Term Sheet
No Hard Credit Pull
No Junk Fees
All Loan Products
Recently Funded Fix and Flip Projects
$1,000,000
Miami, FL
$414,000
Atlanta, GA
$1,080,000
Summit, NJ
$301,000
Easthampton, MA
$396,950
North Branford, CT
$273,000
Wethersfield, CT
$517,500
Newark, NJ
$196,000
Fayetteville, TN
$892,500
Scotch Plains, NJ
$480,000
Taunton, MA
Ready to start your fix and flip project?
New Silver can supply the capital you need to buy, renovate and resell properties for maximum profit
Get Approved OnlineFrequently Asked Questions
Yes, the maximum allowed property size is 5 acres.
No, New Silver does not cross collateralize and cannot provide portfolio loans. Each property needs to qualify individually and requires a separate application and loan.
No, we do not offer financing for raw or undeveloped land where there are no plans for development. If you are interested in building a dwelling on the land, you may qualify for a Ground Up loan.
The minimum loan amount of $100,000, property as-is value of $100,000 or higher, and after repair value of $150,000 or more.
No, we do not finance rural property.
Yes, an appraisal with interior access is required. For projects with 5+ units, a full commercial appraisal will be required.
For our fix and flip and ground up programs, we will need 6 comparable sales within a 5 mile radius sold within the last 12 months. While this is the general policy, there may be exceptions made with investment committee approval.
You need to be a US citizen or legal resident.
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