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1ST LIEN LOAN
Fix & Flip Loans are our flagship loan program. The NBE’s “Fix and Flip” loan programs provides flexible terms for funding of up to 100 percent of the purchase price. NBE’s “Fix and Flip” loans could be structured as 1st lien only or a combination of 1st lien…
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Protected: 2ND LIEN LOAN
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BRIDGE LOANS
Bridge Loans are used as a temporary source of capital until a more traditional source can be secured. Once the property has been purchased, it may take time to improve the property, find tenants, or sell the property. A bridge loan can provide an investor, real estate professional, or contractor with the funds to purchase, […]
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CASH FLOW INVESTMENT LOAN
Loans which are for cash flow investments and are generally over one year duration. Loan Terms Cash Flow Investment Loan
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– Portfolio of successful projects highly desirable
– Borrower credit score may be evaluated but not key decision criteria
– Set up as borrower/lender relationship
– Deal must be safe and profitable for both parties
– Business Purpose, Non Consumer loan for NOO (Non owner occupied) properties only
– Both parties must show skin-in-the-game. The following may qualify
– Cross collateral of other NOO property, either by borrower or other
– Seller carry-back behind funding
– Additional personal Guarantor with adequate credit score and sufficient financials