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Newport Capital

Summary of all Guidelines

Loan Types Bridge Loan, Construction Loan, Rehab Loan
Property Types 2-4 Units, Automotive, Industrial, Mixed use, Multi Family, Retail, SFR
Lendding Area NATIONWIDE
States Excluded Connecticut, Delaware, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana
Loan amount Minimum $500,000
Loan amount Maximum $6,000,000
Interest Rate Minimum 12%
Interest Rate Maximum 15%
Points Minimum 1st TD 2
Capital Source Individual Investors, Mortgage Fund

Newport Capital is located in Newport Beach, CA. They offer financing for Bridge Loans, Construction Loans and Rehab Loans. The property type they primarily lend against is SFR, 2-4 Units, Automotive, Multi Family, Industrial, Retail and Mixed use. Their minimum loan amount is $500,000. Their maximum loan amount is $6,000,000. Although rates can change they are typically lending at a minimum rate of 12%. Maximum interest rate of 15%. Points charged are deal specific, but historically have charged a minimum of 2.

These descriptions are limited information and meant for general reference purposes.
Newport Beach,