Lending with New Chapter Finacial, LLC is quick, easy, and will get you moving to your next chapter without the hassle and time-frames of traditional lending.
General Lending Parameters
Loan Types:
Commercial loans, new construction, refinancing, and foreclosures. Residential loans can be made if a minimum of 50% of funding is for commercial use.
Lending Area:
Anywhere in the US.
Fees are associated with viewing properties outside of the Seacoast of New Hampshire.
Loan Amount:
$50,000 to $1,000,000.
Payments:
Interest only.
Interest Rate:
Contact us for rates.
Loan to Value:
Up to 70% of the value of the property.
Fees:
As low as 5% of the loan amount, paid at closing from proceeds.
Prepayment:
No pre-payment penalty.
Collateral:
1st position on mortgage.
Term:
3 Years.
Downpayment:
No downpayment or application fees required.
Lending Type:
Non-Traditional “Hard Money” loan.
