NEO Innovative

Available loan products

Hard Money Loans

Hard Money Loans

Hard Money Loans

6/9/12 Month Options Available
Interest Only Payments
No Prepayment Penalty
Non-Dutch Interest (Don't Accrue Interest Day 1, only accrue interest on rehab as you pull on it, saves money this way compared to most lenders charging interest on the total loan day 1)
85-95% Loan to Cost Depending on Experience up to 75% of ARV.
10-12% Interest Depending on Experience
0-1 flips or rentals - 12%
2 flips or rentals - 11%
3-9 flips or rentals - 10.5%
10+ flips or rentals - 10%
No Appraisal Required
Close in as little as 4 days
Soft Credit pull every 6 months, not every deal, soft pulls do not report to credit bureaus
Available in all 48 contiental states
No minimum purchase price
First Time Investors welcome

DSCR Loans

Hard Money Loans

Hard Money Loans

30 year Fixed
3 months PITIA reserves required
80% LTV (Rate and Term) // 75% LTV (Cash-out Refi) – Based on Appraised Value
No Seasoning Cash Out Refinance Options Available
80% LTV (Purchase Loans) – Based on Appraised Value
Rates depend on asset, borrower credit profile and experience starting at 6.25%
Close in as little as 2 weeks
Foreign Nationals up to 65% LTV Purchase/Cash-out Refi
Commercial Asset Products Available, Terms can vary on asset, borrower credit profile and experience.
INTERESTED IN NO SEASONING REFINANCING AND HIGHER LTV ON YOUR CASH OUT? ASK US ABOUT OUR CASH AS COLLATERAL PROGRAM!