Complete our simple contact form at the bottom of this web page. Include a brief discription of your funding needs and a NeXus professional will contact you within 24-48 hrs.
Interest rates typically fall between 8% and 10% depending upon the usual factors such as: Quality, experience of sponsorship, location, cash flow (or the lack thereof), the nature of the borrower’s business plan, and the amount of time necessary to execute same.
While the most typical loan term is one year, we have originated loans with terms ranging from six months to five years.
For first mortgages, NeXus will typically lend up to 75% loan to value - to be determined on a case-by-case basis. Mezzanine and second mortgage loans will only be considered on cash-flowing properties for strong sponsors with real expertise, net worth, liquidity and meaningful guarantees.
Our loans typically have no prepayment penalty after a short lockout period.
Typically 2% - 5% In some cases part of the origination fee may be structured as an exit fee (deferred until the loan is repaid). Points are determined on a case by case basis.
Depending upon the type of loan request, the nature of the business plan and the financial strength of the Sponsor, we may elect to structure the loan with interest reserve to cover a portion of the monthly interest payments.
Hard Money Loans
In an effort to secure financing for a family real estate development project...I was referred to you and your company by one of my colleagues who is also a personal friend of mine. I have since reviewed your company's website, and as a result, I am firmly convinced that your company and the services it offers would be invaluable to us for this project..."
We would like to thank you and your company for your professionalism and for making our refinance a smooth process. We have in the past, and will continue to finance and re-finance several properties per year with your firm, and our experience with you is top-notch. Thank you!"
I would like to take this opportunity to thank you for all your help in connection with the mortgage refinancing for our building on West 72nd Street. As you know, there are many things that can go wrong with a mortgage refinance. However, your firm was able to pull together all the pieces of the puzzle to make the closing happen. It has been a pleasure working with you and your firm, and I would recommend you highly to other cooperatives that I manage. Thanks again for a smooth refinance!"
Now that our mortgage refinancing has been successfully completed, I write to thank you personally, and your personnel at Nexus Global Funding for extraordinary representation during the entire process. Our Finance Committee began the search for the best rate and lender in May of last year. Your counsel and experience in placing our type of mortgage loan, which closed two weeks ago, are greatly appreciated by all the members of the Board.
"The personal attention you showed us and your energy and promptness in every step of the process were invaluable."
Hire us! We make you smile :)
What Kind of Affiliate Partners are we Looking For? We are interested in affiliate partners who share a vision of providing people with the best investment options & commercial hard money educational and training solutions. Our mortgage affiliate partners are people who have contacts or knowledge of real estate investing or motivated people with unique ideas for growing with us and who are interested in developing long-term, profitable business relationships. If that sounds like you, take a minute to find out what partnering with NeXus Global Funding can do for you! NeXus Global Funding stands apart in both its approach and track record!! NeXus Global Funding can now fund loans all over the United States and abroad. We provide training and support information on a wide variety of real estate financing programs and the latest real estate trends. People who visit NeXus Global Funding know they can trust the information they receive. .