Partnering for Success
Securing the right financing can be a game-changer for any real estate investor. Private real estate lenders offer a unique alternative to traditional banks, often providing more flexibility and tailored solutions. Here's what to consider when selecting a private real estate lender:
Experience and Expertise:
- Track Record: Look for a lender with a proven track record of successful real estate investments. Navigator Private Capital has been in business since 2016, and our partners have decades of experience in the real estate and mortgage industry.
- Industry Knowledge: Ensure the lender knows your market and specific investment goals. NavCap lends nearly nationwide, up and down the East Coast and into the Midwest.
Loan Terms and Flexibility:
- Interest Rates: Compare interest rates offered by different lenders and consider any associated fees. NavCap’s rates are among the most competitive in the marketplace:
- ​​​Fix and Flip/Bridge From 10%
- DSCR from 6%
- New Construction from 10%
- Loan-to-Value (LTV) Ratios: Evaluate the lender's maximum LTV ratios, which determine how much financing you can obtain.
- Fix and Flip Up To 75% LTV and 90/100 LTC
- DSCR Up To 80% LTV (Including Cash-Out Refinance)
- New Construction Up To 85% of New Build Cost
- Bridge To 82.5% Of As-Is Value or 72.5% For Cash-Out Refinance)​
- Repayment Terms: Understand the repayment terms, including amortization schedules and prepayment penalties.
- Loan Structures: Consider whether the lender offers flexible loan structures, such as interest-only periods or balloon payments.
Communication and Transparency:
- Responsiveness: Look for a lender that is responsive to your inquiries and provides clear communication throughout the loan process. NavCap’s application portal is available 24/7 online, and our loan officers are only a phone call away.​
- Transparency: Ensure the lender is transparent about their terms, fees, and expectations. We provide borrowers with a detailed conditional approval letter with all terms, fees, and deadlines clearly spelled out, right up front.
Want to work with us?
Contact us today to learn more about how we can help you achieve your real estate investment goals. Reach out to your loan officer directly, or call us at 888.444.3160 to be put in touch.