Need funding fast? Look no further than New Silver. New Silver can provide for all of your hard money loan needs in the state of Illinois.
New Silver has a variety of different hard money loan products available to suit every Illinois real estate investor’s needs. Run by a team of experienced real estate professionals, our loans are designed with the real estate investor in mind.
Getting a traditional loan is a slow, drawn-out and exhausting process. With New Silver, a hard money lender built for the real estate economy, efficiency is always a top priority. Offering fix and flip, fix and rent and refinance loans, our team of experienced real estate experts are available to get you funded and assist you with any hiccups that may come up along the way.
New Silver is unlike other hard money lenders out there. As real estate pros ourselves, we know what real estate investors need: quick and easy online applications, terms of up to twenty-four months and most of all, fast loan closing and attractive rates. At New Silver, we specialize in single-family residential, but can also cater to multi-family and commercial projects. Contact our experienced team today to find the best loan fit for your next real estate project.
For real estate investors who want to borrow funds to renovate and resell a property in Illinois. Interest starting at 10.875%, LTC up to 85%, with terms up to 24 months.
Our fix and flip loans work on interest only payments.
30 year loan for stabilized rental properties. Ideal for investors hoping to purchase or refinance a rental home. Interest starting at 5.375%, up to 80% LTV.
Please note, this product is currently suspended.
For Illinois real estate investors who want to get their equity cash out. Interest starting at 10.875%, Loan-To-Value up to 75% and terms up to 24 months.
Gives investors in IL a cash out option, with no junk fees and access to instant proof of funds letters.
We understand the importance of having the tools you need to proceed with the deal. Our hard money calculator can help you workout the expected ROI for your next flip.
Then we also have a rental property calculator, ARV calculator and Cap Rate Calculator to help aid your investment decisions.
Ready to get started with your loan from New Silver? Get approved quickly.
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