Hard Money Lenders New Jersey

Fast New Jersey Hard Money Loans, ready to close in less than a week

Need financing for your upcoming real estate project? Get approved for a hard money loan in 10 minutes using our online application

Need funding fast? Look no further than New Silver. New Silver has the perfect selection hard money loans for property investors in New Jersey.

New Silver has a variety of different hard money loan products available to suit every New Jersey real estate investor’s needs. Run by a team of experienced real estate professionals, our loans are well suited to real estate investors in NJ.

New Jersey Hard Money Loans

Getting a traditional loan is a slow, drawn-out and exhausting process. At New Silver, our hard money loans are designed for real estate investors that value speed, efficiency and transparency. Offering house fix-and-flip, fix-to-rent and cash out refinance loans, our team of experienced real estate experts are available to get you capital and assist you with any hiccups that may come up along the way.

New Silver is unlike other hard money lenders in Florida. As licensed real estate investment professionals, 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 hard money loans for single-family residential, but we can also cater to multi-family and commercial real estate projects. Contact our Florida hard money lending team today to find the best loan fit for your next real estate project.

Ultimately, if you need fast, effecient, financing solutions with competitive interest rates, New Silver is the hard money lender for you

Loan Programs

Fix and Flip Loans

For house flippers hoping to purchase a fixer upper to renovate and resell in  in New Jersey. Interest rates from 7.625%, LTC up to 90%, with loan terms up to 24 months.

Maximum Loan Amount: $3,000,000. Minimum credit score 600.

Rental Property Loans

30 year rental loans for stabilized rental properties. Ideal for investors hoping to acquire an investment property. Interest starting at 5.875%, loan to purchase price up to 80%.

Maximum rental loan amount: $1,000,000. Minimum credit score 680. 

Refinance and Cash Out Loans

For New Jersey real estate investors who want to get their equity cash out. Interest rates from 7.625%, Loan-To-Value up to 80% and loan terms up to 24 months.

Gives investors in NJ the ability to access their capital, with no junk fees and instant proof of funds letters.

Home Construction Loans

Designed for residential builders, our ground up construction loans can finance up to 90% Loan To Cost (LTC). Interest rates starting at 8.625%.

The perfect solution for builders in New Jersey that need capital quickly to fund construction costs.

Reasons To Fund Your Investment Property with New Silver

It doesn’t matter if you are a buy and hold investor or a house flipping specialist. New Silver is a hard money lender with a selection of real estate loans perfectly matched to meet your real estate investing needs. Unlike a conventional mortgage which can take ages to complete, our hard money loans can be approved online in less than 10 minutes, with an instant proof of funds letter to help you secure the purchase. We are ready to help you solve your real estate investment needs.

Frequently Asked Questions

Do you offer short term loans and long term loans?

Yes. New Silver offers short term loans for house flipping projects, but we also have 30 year loan product for investment properties. We also cater to real estate entrepreneurs hoping to build multi-family apartments with our new construction loans.

Is New Silver A Private Money Lender?

Yes, we are a non-bank direct lender that provides asset based loans at scale. With asset-based lending, the underwriting process can be more lenient than conventional financing. This is because the underlying value of the asset (real estate property) is more important than the financial background of the investor when setting the terms of the loan. As a result, the requirements for credit scores are less stringent, income verification is not needed and the debt to income ration of the borrower doesn’t matter. Plus, we can get you approved and closed within 7 days.

Do you offer new construction loans?

Yes. We offer ground-up construction loans for real estate developers that build single family (1-4 unit) residential properties.

Does New Silver offer bridge loans?

Yes! We offer bridge loans, fix and flip loans and refinance loans for real estate investors, from 12 to 24 months in duration. More information can be found on the loan products pages.

Why do hard money loans have higher interest rates than traditional mortgages?

The main reason fix and flip loans have higher interest rates is because of the risks involved in the financial transaction. Unlike a residential home purchase, a fix and flip project could run over budget, the real estate market might take a turn for the worse, making the property difficult to sell quickly. In other words, you could potentially lose money with a fix and flip. This risk is applicable to the borrower and the lender. The higher interest rate compensates for this risk.

How do you calculate the origination fee and monthly payments?

The origination fee (loan points) is usually between 2-3%, but this varies with each deal. To workout the expected monthly payments, it is best to use our hard money loan calculator.

New Silver Loans Available In These and Other Cities:

Apply for a loan at New Silver today!