NewVerse Empowers Investors through Strategic Real Estate Lending
Residential Property Bridge Loans
Fix and Flip Loans
Our standard loan term is 12 months, with an 18-month option available on a case-by-case basis. We offer rehab and construction financing, covering up to 100% of the rehab budget, with a maximum Loan-to-Cost (LTC) of 90% of the purchase price.
For Loan-to-Value (LTV), we provide up to 75% ARV (After Repair Value). LTC is typically used for projects where the rehab budget exceeds the purchase price. All loans are full recourse. Loan amounts range from $50,000 to $3.5 million, specifically designed for rehab financing on non-owner-occupied residential investment properties.
Borrowers must be entities, and eligible property types include single-family residences (attached or detached), 2-4 unit properties, townhomes, and warrantable condos.
Foreign nationals are not eligible if they are from countries on our ineligible list. No prior experience is required to qualify.
Ground-Up Construction Loans
Our maximum Loan-to-Cost (LTC) is up to 75% of the lower of land value or purchase price (or 60% if unpermitted), plus 100% of construction costs, capped at 85% of total project costs.
We offer a "Catch-Up Draw" feature to increase the initial advance to 75% once required plans and permits are approved post-closing.
The maximum Loan-to-ARV (After Repair Value) is up to 70%. All loans are full recourse, and we require a minimum 1-month interest reserve. Borrowers must have prior real estate experience, specifically 1-2 ground-up projects, or general contractor experience tied to ground-up permits.
Guarantors without experience may be considered on a case-by-case basis. Loan amounts range from 50,000to50,000to3.5 million, with terms of 12 months (extendable to 18 months at the lender's discretion). Eligible properties include non-owner-occupied 1-4 unit residential properties, townhomes, and condos. Ineligible property types include mixed-use, 5+ unit multifamily, condotels, co-ops/TICs, commercial properties, log homes, properties subject to oil/gas leases, operating farms/ranches/orchards, vacation/seasonal rentals, and rural properties.
Stabilized Bridge Loan
We do not f require a Debt Service Coverage Ratio (DSCR) for this financing program. The maximum Loan-to-Cost (LTC) is 85% of the purchase price plus verified completed capital expenditures (capex) if the property has been owned for less than 6 months.
For properties owned longer than 6 months, the maximum Loan-to-Value (LTV) is 70% for borrowers with a 700+ FICO score and 65% for those with a FICO score between 660 and 699.
The minimum FICO score required is 660. This bridge financing is designed for properties that have recently been renovated or constructed and are currently or soon to be listed for sale. Loan amounts range from $75,000 to $1.5 million, with larger loans considered at the lender’s discretion. Terms are typically 12 months, extendable to 18 months at the lender’s discretion.
Eligible property types include single-family homes, 2-4 unit properties, townhomes, planned unit developments (PUDs), and warrantable condos. Properties must be in C2 condition or better and fall within the 90th percentile of market value. Rural, exotic, or unique properties are not eligible for this program.
Residential Property Term Loans
Single Property Rental Loans
Our Single Property Rental program offers flexible financing options with a 30-year fixed term or adjustable-rate mortgage (ARM) choices, including 5/6, 7/6, and 10/6 hybrid ARMs, available as partially interest-only or fully amortizing loans.
All loans are full recourse. This program is designed for purchasing, rate-term refinancing, or cash-out refinancing of a single rental property. Borrowers must be entities, and no prior experience is required. The minimum FICO score is 660, and interest rates are available upon request. Eligible property types include single-family residences (SFR), 2-4 unit properties, warrantable condos, townhomes, and planned unit developments (PUDs).
Rural properties and foreign nationals from ineligible countries are not permitted. For leased units, rent is calculated as the lower of in-place rent or market rent; for unleased units on purchase loans, 90% of market rent is used. The maximum Loan-to-Cost (LTC) is 80% of the total cost basis if the property has been owned for less than 3 months.
Loan amounts range from $75,000 to $2 million, with maximum Loan-to-Value (LTV) of 80% for purchases and rate-term refinances, and 75% for cash-out refinances.
Each loan is limited to one property, and a minimum Debt Service Coverage Ratio (DSCR) of 1.10x (gross rent/PITIA) is required. A 180-day seasoning period is necessary to use the property’s value instead of the cost basis.
Portfolio Rental Loans
Our portfolio rental property financing offers a 30-year fixed-rate mortgage with fully amortizing options, as well as 5/6, 7/6, and 10/6 hybrid ARMs available as partially interest-only or fully amortizing loans. The program requires a minimum occupancy rate of 90% by unit count. For leased units, rent is calculated as the lower of in-place rent or market rent, while unleased units on purchase loans use 90% of market rent.
Loans are full recourse, requiring a pledge of equity from the borrowing entity. This program is designed for blanket loans to purchase, refinance (rate-term or cash-out), or leverage a portfolio of rental properties. Borrowers must be entities with a minimum FICO score of 680, and interest rates are available upon request.
Eligible property types include non-owner-occupied single-family residences (SFR), 2-4 unit properties, warrantable condos, townhomes, and planned unit developments (PUDs). Rural properties and vacation/seasonal rentals are not permitted, though foreign nationals are eligible at a maximum 65% LTV.
The minimum property value is $100,000, with a maximum loan amount of $2 million. The maximum Loan-to-Value (LTV) is 80% for purchases and refinances, and 75% for cash-out refinances. A minimum Debt Service Coverage Ratio (DSCR) of 1.20x (net cash flow/debt service) is required, and a 180-day seasoning period applies to use the property’s value instead of the cost basis.
Multifamily Loans
Our multifamily financing solutions are tailored for investors and developers seeking construction and bridge loans, with loan sizes ranging from 5millionto5millionto100 million. We operate in major metropolitan statistical areas (MSAs) nationwide, offering first deed of trust positions. Loans are structured with interest-only payments and terms of up to 36 months, with competitive interest rates starting at SOFR + 500. We provide financing up to 75% Loan-to-Cost (LTC) or Loan-to-Value (LTV), making it easier to fund your projects. Eligible property types include multifamily, industrial, retail, residential, mixed-use, conversions, and condominiums. Whether you're breaking ground on a new development or repositioning an existing asset, our flexible and scalable loan programs are designed to meet your needs and help you achieve your investment goals.
Commercial Property Loans
Private Money
Our commercial property private money loans provide fast, flexible financing solutions tailored to meet the needs of investors and developers nationwide.
With loan amounts ranging from $1 million to $50 million, we offer competitive rates and quick approvals to help you seize time-sensitive opportunities.
Our programs are designed for a variety of purposes, including property acquisition, refinancing, default note purchases, and urgent projects that require immediate funding. We work with most commercial property types, ensuring you have the capital needed to achieve your goals. Whether you're expanding your portfolio, restructuring existing debt, or capitalizing on a unique opportunity, our private money loans deliver the speed and reliability you need to succeed.
Low Doc/Soft Money
Our Low Doc-Soft Money loans provide a streamlined financing solution for income-producing properties, offering loan amounts from $250,000 to $50 million. With up to 80% Loan-to-Value (LTV) and nationwide availability, this program is designed for investors seeking flexibility and efficiency.
Choose from terms ranging from 5 to 30 years, with amortization schedules of 15 to 30 years, tailored to fit your financial strategy. We also allow seller carry options, providing even more versatility for your transactions.
Whether you're acquiring or refinancing income-generating assets, our Low Doc-Soft Money loans simplify the process, making it easier to secure the funding you need without extensive documentation.
Full Doc/Conventional
We do not f require a Debt Service Coverage Ratio (DSCR) for this financing program. The maximum Loan-to-Cost (LTC) is 85% of the purchase price plus verified completed capital expenditures (capex) if the property has been owned for less than 6 months.
For properties owned longer than 6 months, the maximum Loan-to-Value (LTV) is 70% for borrowers with a 700+ FICO score and 65% for those with a FICO score between 660 and 699.
The minimum FICO score required is 660. This bridge financing is designed for properties that have recently been renovated or constructed and are currently or soon to be listed for sale. Loan amounts range from $75,000 to $1.5 million, with larger loans considered at the lender’s discretion. Terms are typically 12 months, extendable to 18 months at the lender’s discretion.
Eligible property types include single-family homes, 2-4 unit properties, townhomes, planned unit developments (PUDs), and warrantable condos. Properties must be in C2 condition or better and fall within the 90th percentile of market value. Rural, exotic, or unique properties are not eligible for this program.
