NGRE Group
- Uri Nadler
Construction Loan | |
| Property Types | 2-4 Units, Mixed use, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $800,000 |
| Loan amount Maximum | $4,000,000 |
| Interest Rate Minimum | 9.75% |
| Interest Rate Maximum | 12% |
| Points Minimum 1st TD | 0.75 |
| Points Maximum 1st TD | 2 |
| Terms | 2 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
Bridge Loan | |
| Property Types | 2-4 Units, Condo, Mixed use, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $800,000 |
| Loan amount Maximum | $4,000,000 |
| Interest Rate Minimum | 10.5% |
| Interest Rate Maximum | 12% |
| Points Minimum 1st TD | 0.75 |
| Points Maximum 1st TD | 2 |
| Terms | 2 year |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Fixed or Adjustable | Fixed |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Construction Loan, Hard Money Loan, Private Money |
| Property Types | 2-4 Units, Mixed use, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| States Excluded | Alaska, Hawaii |
| Loan amount Minimum | $800,000 |
| Loan amount Maximum | $6,000,000 |
| Interest Rate Minimum | 10.25% |
| Interest Rate Maximum | 12% |
| Terms | 2 years |
| Prepayment Penalty | none |
| Capital Source | Broker |
Loan Brokers - Partner with us
A Multifamily Bridge Loan is particularly advantageous in the following scenarios:
NGRE Group delivers outstanding service, along with the requisite knowledge and expertise, to swiftly and effectively secure private money loans. Our team of professionals collaborates with your clients, associates, or referrals to craft customized financing solutions tailored to the unique needs and scale of each project. Our private lending products offer numerous advantages not typically found with commercial banks, mortgage companies, or other traditional lenders. We base our underwriting standards primarily on the value of the real estate project, enabling fast loan approval decisions that do not rely on credit scores, occupation, proof of income, or other methods employed by traditional lenders.
We grasp the needs of borrowers intimately. Real estate fuels our passion, infusing every facet of our operations. Affiliates and referrals represent the ultimate compliment to us. Building and nurturing relationships lie at the core of our business ethos, and we consistently endeavor to provide the finest financing solutions coupled with exceptional service.
WHITE GLOVE SERVICE
We view referrals as the most sincere compliment and we always strive to provide exceptional service to you, your clients, associates or anyone referred to us.
PROPERTY LOCATIONS
Florida. Other states on a case by case basis
LOAN TO VALUE
Loan to Value is a ratio used to assess the risk of a loan. Loans must have an LTV ratio of no more than 70% to qualify for a Private Loan
BROKERS PROTECTED
You've worked hard to develop a relationship with your client, and Perfecto Capital Team appreciates that. We protect broker fees in both the loan commitment letter and on the HUD settlement statement at closing.
FAST PRE-APPROVALS
We pride ourselves on our ability to move quickly. A typical deal can be pre-approved within 24 hours and closed in a week or two.
DIRECT PRIVATELENDER
As a direct lender, we are in total control of our funds and all underwriting is done by the company's partners.
NGRE Group is located in Fort Pierce, FL. They offer financing for Bridge Loans, Hard Money Loans, Private Money and Construction Loans. The property type they primarily lend against is Multi Family, Mixed use, SFR and 2-4 Units. Their minimum loan amount is $800,000. Their maximum loan amount is $6,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 2 years. Although rates can change they are typically lending at a minimum rate of 10.25%. Maximum interest rate of 12%.
These descriptions are limited information and meant for general reference purposes.