Nextus Lending
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Hard Money Loan, Rehab Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | california |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $3,000,000 |
| Interest Rate Minimum | 5% |
| Interest Rate Maximum | 12% |
| Points Maximum 1st TD | 3 |
| Terms | 31+ |
| Interest Only or Amortized | Interest Only, Amoritzed |
| Prepayment Penalty | None |
| LTV Bridge | 60 |
| Upfront Fees | Loan Documents, Processing, Other |
| Personal Guarantee /Recourse Required | Recourse |
| Intended Occupancy | Non-Owner |
| NMLS ID | 388778 |
NextUs Lending was founded on the idea that the lives of today’ s borrowers have outgrown the guidelines of institutional lenders. Borrowers now live beyond a traditional income lifestyle and loans of the future need to adapt to this growing landscape.
We are the Next step in that evolution.
Our Non-QM programs are designed to qualify borrowers with a holistic view in mind. We help our borrowers navigate the tricky waters of Alt-lending income qualification and provide versatile tools to qualify and close their loan.
Nextus Lending is located in Irvine, CA. They offer financing for Bridge Loans, Hard Money Loans and Rehab Loans. The property type they primarily lend against is 2-4 Units and SFR. Their minimum loan amount is $100,000. Their maximum loan amount is $3,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 31+. Although rates can change they are typically lending at a minimum rate of 5%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 0. Maximum points charged are 3.
These descriptions are limited information and meant for general reference purposes.