Question 1

What types of loans does the company offer?

Accepted Answer

The company offers a variety of loan options, including private hard money loans, DSCR loans, ground-up construction loans, commercial loans, and small balance commercial real estate loans.

Question 2

What is the process for getting approved for a loan?

Accepted Answer

The company offers instant online approval and a proof of funds letter. Borrowers can get approved for loans by completing an online application and providing the necessary documentation.

Question 3

What are the requirements for a DSCR loan?

Accepted Answer

The company offers DSCR (Debt Service Coverage Ratio) loans, which have specific requirements such as a minimum DSCR ratio, credit score, and property type. Borrowers can learn more about the DSCR loan requirements on the company's website.

Question 4

What tools and calculators does the company provide?

Accepted Answer

The company offers a variety of tools and calculators, including a Flip Scout quick loan quote, ARV calculator, hard money calculator, house flipping calculator, and DSCR calculator, to help borrowers plan and manage their real estate investments.

New Silver

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About New Silver

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Frequently Asked Questions about New Silver

What types of loans does the company offer?

What is the process for getting approved for a loan?

What are the requirements for a DSCR loan?

What tools and calculators does the company provide?

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