Newton Capital, LLC
Empowering Your Real Estate Ventures. Fast & Flexible Financing Solutions
Discover fast and flexible financing solutions tailored to your needs with our expert hard money and bridge loans. Secure your future today
Hard Money Loans
Our hard money loans are designed for situations where conventional loans are impractical
Bridge Loans
Bridge loans provide a temporary financing solution to bridge the gap until permanent financing
Customized Loan
We excel in creative loan structuring, leveraging regional expertise to offer aggressive LTV/CLTV ratios
Program Parameters
- Loan Amount: $50,000 – $5 Million
- Term Length: 6 – 24 months
- Max LTV: Up to 90%* (with additional collateral)
- Amortization: Interest only
- Interest Rate: Starting at 10.0%
- Closing Time: 3 – 14 Days
- Loan Use: Purchase, refinance, cash-out, operating capital, construction, renovation
Why Newton Capital, LLC is DIFFERENT
- We are regional and not national – by lending in only Eastern
Massachusetts with an emphasis on MetroWest, this enables us to know our values that much better and be more aggressive on Loan-to-Values. Where many asset-based lenders will not go higher than 70%-75%, we routinely will go to 80%+ for properties in MetroWest.
- We will lend as a second or third mortgage if the equity meets our criteria and the loan in first or first and second positions are conventional (we do not take a subordinate position to private or hard money loans)
- We will cross collateralize other assets in order to increase the Loan-to-Value when necessary. If you have a property with and 80% loan leaving 20% equity in it (we refer that as the back end equity), we will consider the back end collateral and often a mortgage on the back end collateral allows us to give you the additional funds you need for your transaction. Most lenders do not take subordinate positions or cross-collateralize with a subordinate position.
- Additional collateral does not always have to be real estate. In the past we have accepted pledges of investment accounts (avoiding the need to liquidate stocks, etc.), cars, boats, and collectibles such as watches, sports trading cards, etc.
Fees and Costs
- Origination Fee: Range from 1.5%- 5% of the loan amount
- No Prepayment Penalty
- No Appraisal Necessary (we use Broker Price Opinions)
- Customary Closing Costs for a real estate loan (attorney, title, title insurance,
recording, etc. – no junk fees)
Asset-Based Lending
A hard money loan is a great fit for the following situation
Single Family
We lend to real estate investors and entities looking to purchase, refinance, fix & flip, or buy to rent single-family homes, including condos, P.U.D.s, townhomes, duplexes, triplexes, and quadplexes.
Multi Family
We offer loans to real estate investors for purchasing or refinancing multi-family properties with loan amounts of $100,000+.
Mixed Use
We finance mixed-use developments blending residential and commercial uses for various purposes, including purchase,
Bankruptcy
We provide Debtor-in-Possession loans to entities reorganizing during bankruptcy, working closely with counsel and trustees.
Office
We lend to real estate investors and business owners looking to finance office properties for purchase, refinance, bridge to stabilization, and more.
Alternate Assets
We accept pledges of alternate assets like investment accounts, cars, boats, and collectibles as collateral
Required Documents for Closing
Property Documents
- Purchase Contract
- Payoff Statement (if Refinance)
- Rent Roll & Leases
- Renovation Budget (if Rehab)
Personal Documents
- Personal Financial Statement
- Track Record / Experience
- Last Month’s Bank Statement
- Drivers License and/or Passport
Business Documents
- Articles of Incorporation
- Operating Agreement (LLC) or Bylaws (Corp.)
- EIN Letter
Second/Subordinate Loan Documents
- Copy of the senior Note
- Most recent Mortgage statement from senior loan
** additional documents may be required depending the specifics of a particular asset or loan
About Us
