We work with new investors and credit scores as low as 500 on various products.

Our loan amounts range from 300k to 10m with a focus on higher loan amounts but grant exceptions for lower loan amounts on a case by case basis.

We offer unique products and white glove service with a product line that is suited for individuals with either little or no other options.

DSCR
Fico down to 600 for up to 4 units
Fico down to 625 for no ratio
Fico down to 700 for 5 to 8 units
FTHB / FTI allowed
Up to 3.5m for up to 5 units
Up to 2m for 5 to 8 units
ITIN / Foreign National/ Rural OK
Prepay 1 to 5 years

Bridge
Fico down to 500 for up to 4 units
Fico down to 620 for 5 to 100 units
FTHB / FTI allowed
Up to 10m
ITIN / Foreign National/ Rural OK
Properties in foreclosure
Properties that are mid construction
No prepayment penalty

Rehab
Fico down to 500 for up to 4 units
Fico down to 620 for 5 to 100 units
FTHB / FTI allowed
Up to 10m
ITIN / Foreign National OK
Rural 1 to 4 units OK
No prepayment penalty

Ground up Construction
Fico down to 650 Fico
Up to 4 units
FTI allowed
Up to 10m
ITIN / Foreign National OK
GC required with 3+ transactions within last 3 years
No prepayment penalty

Departing Residence Bridge:
Subject property must be listed (we will require a copy of the listing agreement)
LO must be NMLs licensed in that state
660 min Fico
60% Max LTV
300k to 2.5m loan amount
Only available in AZ, CA, FL, CO, NJ, PA, OR, and NV
There is no ATR but Nextres will require employment information, income documentation & 3 most recent months of bank statements
13.49 rate with 1.5 points +$1995 UW fee
Brokers are capped at 1 point
12 month IO term w/ no prepayment penalty.

Why Nextres??

Direct access to UW
24 to 48 hour turn around times
2 to 3 week closings
Optional in house processing
Optional rush option for $500
Optional term sheet generator
User friendly portal
Live pricing updated daily