A private money loan also known as an asset based loan is traditionally used to finance the acquisition of a property, as well as improvements or renovations for real estate investors or as a short term financing solution for borrowers who can not qualify with a conventional bank. In the case of a real estate investor, after the renovation is complete the property will be sold or leased up. The hard money loan will then be refinanced with a lower rate & longer term permanent financing. Essentially, hard-money loans "bridge" the gap for the investor until permanent financing becomes available or the property is sold.

No Income Documentation
No Credit Minimum
No Appraisal Req.
Quick Closing: 3 to 7 Days
Rates Starting at 7.49%
Up to 80% Loan to Value
No Debt Service Coverage Req.
No Prepayment Penalty
No Upfront Lender Fee

Retail

Retail is any property used for commercial retail space such as a storefront for selling goods or services. NRC Mortgage Lending will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $250,000+.

Office

Office is a property classification which generates income from tenants comprised of businesses and professionals. NRC Mortgage Lending will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $250,000+.

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplex’s, triplex’s, and quadplex’s. At NRC we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $75,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At NRC, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.

Mixed-Use

At NRC, our fix and flip loans close very quickly... even in as little as 7 days! Our fix and flip loans require no personal income verification and very little documentation! Our Fix and Flip loans are a great way to start leveraging your existing capital and generate more income with the ability to close & flip more projects at once! NRC finances both the acquisition and the renovation costs of the project. Simply bring your initial closing costs and NRC will fund the rest including reimbursing you for the renovation costs as the work is completed.

Close in 7 Days
Up to 85% LTV
No Income Documentation
Low Credit Requirement
No Experience Required
No Prepayment Penalty

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., town homes, duplex’s, triplex’s, and quadplex’s. At NRC, we lend to real estate investors looking to purchase, refinance, fix & flip, or buy in order to fix it then rent it out.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At NRC, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.

Mixed Use

Mixed-use is a type of development that blends residential and commercial uses into one integrated complex or building. At NRC, we will lend to real estate investors in the following scenarios: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out on mixed use projects with loan amounts from $250,000+.

Our rental investment loans close quickly...even in as little as 10-14 days at rates starting at 4.00%! Our Rental Investment loans require no personal income verification and very little documentation!

Close in 10-14 Days
Up to 80% LTV
No Income Documentation
Rates Starting at 4.00%
No Experience Required

Single Family

Single Family is classified as one to four-unit residential use dwellings including condominium, P.U.D., townhomes, duplex’s, triplex’s, and quadplex’s. At NRC, we will lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent from $75,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At NRC, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.