It’s been a busy year for NavCap with our annual loan volume reaching record levels. We are so grateful for the confidence that our clients, partners and friends have placed in us, and want you to know that we appreciate each and every one of you.
Despite some macroeconomic headwinds, our business continues to stand strong. We have kept our terms and rates as competitive as possible — providing a solid alternative to traditional bank financing for our real estate investing clients like you.
As the retail housing market softens in certain metropolitan areas, we have noted increased enthusiasm for our longer-term DSCR financing products including our fix and rent options which include 5/7/10 year ARMs and 30 year fixed products including up to 80% cash out refi. We understand that, with fluctuating housing prices, our borrowers may need to rethink their exit strategies. We are here to help.
We want to make sure that you know that we are in your corner heading into 2023! We are optimistic that the US economy will find surer footing in the new year, and that we will all enjoy continued prosperity.
Cheers to 2023!