Investor partner financing · novamacfunding.com/commercial
Built for investors.Backed by experience.
Business-purpose financing for property managers and investor-operators who buy, renovate, build, and hold single-family and 1–4 unit rental property. Fast answers. Flexible solutions.
Francesco P. Sergio
Regional Director
NovaMac Funding
Powered by Pacific Lending LLC
NMLS #1245472
Equal Housing Lender
8.75%
Fix & Flip and Bridge, starting rate
8.99%
Ground-Up, 10+ completed deals
6.50%
DSCR, qualified scenarios
$75K–$5M
Fix & Flip and Ground-Up range
Four investor programs
Capital for the strategy, not a consumer matrix.
Entity vesting is welcome. Underwriting looks at the property, the project, the market, and the exit. Personal tax returns and W-2s are not the gate on these business-purpose programs.
Fix & Flip
Acquire. Renovate. Exit.
- $75K–$5M · 12–18 months · FICO from 660
- Up to 90% of purchase · up to 100% of approved rehab
- Rates starting at 8.75% · simple interest, no prepay
- ARV generally 70%, up to 75% with experience · max 4 units
- Delayed purchase and mid-swing eligible · typical close 10–14 days
Ground-Up Construction
Experienced builders only.
- $75K–$5M · 12 or 18 months · FICO 680+
- Up to 85% LTC plus interest reserves · up to 100% of budget
- Rates starting at 8.99% · up to 75% initial advance
- ARV cap 70–75% · interest reserves up to 10% of budget
- Prior ground-up experience required · no pure land · max 4 units
Stabilized Bridge
Completed property. No rehab draws.
- $75K–$3M · 12–18 months · appraisal required
- Up to 70% of purchase, or 70% of as-completed value on refinance
- Rates starting at 8.75% · simple interest, no prepay
- Property must be completed and stabilized
- SFR, 2–4 unit, townhome, PUD, warrantable condo
DSCR Rental Loans
Qualify on rent. No income docs.
- $75K–$3M · 30-year fixed · FICO from 660
- Up to 80% purchase and rate/term · up to 75% cash-out
- Rates starting at 8.75% · simple interest, no prepay
- Interest-only available · prepay 5/4/3/2/1, 3/2/1, 1-year, or none
- No short-term rentals · no owner-occupy · no active construction
Pricing is deal-specific and based on property, borrower portfolio, market conditions, and is subject to change without prior written notice. Starting rates are for qualified scenarios only and are not a rate quote or a commitment to lend.
Fix & Flip leverage
Experience sets the purchase advance.
Rehab can be funded up to 100% of the approved budget through picture-based draws. First-time flippers: rehab must stay under 50% of the purchase price.
| Experience | Purchase | Rehab | ARV | Min FICO |
|---|---|---|---|---|
| New investor | 75–80% | Up to 100% | 70% | 660 |
| 1 completed | 80% | Up to 100% | 70% | 660 |
| 2–3 completed | 80–85% | Up to 100% | 70% | 660 |
| 4+ completed | 85–90% | Up to 100% | 75% | 660 |
| 5+ completed | 90% | Up to 100% | 75% | 660 |
All Fix & Flip loans are simple interest. Interest is charged only on funds borrowed. Zero prepayment penalty. Texas, Florida, and Louisiana generally take a 5% haircut to ARV and leverage. If FICO is below 690, interest reserves apply.
Ground-up rates
Leverage holds. The rate steps down with deals.
First-time ground-up investors are not accepted. Previous verifiable ground-up experience is required. GC-only experience does not count unless the borrower was on the closing statement.
| 1–3 deals | 4–9 deals | 10+ deals | |
|---|---|---|---|
| Minimum FICO | 680 | 680 | 680 |
| Loan range | $75K–$5M | $75K–$5M | $75K–$5M |
| Leverage | Up to 85% LTC | Up to 85% LTC + reserves | Up to 85% LTC + reserves |
| ARV cap | 70% | 75% | 75% |
| Starting rate | 10.49% | 9.99% | 8.99% |
What these programs do not cover
Not eligible.
Owner-occupied homes
Mixed-use properties
Commercial properties
Mobile homes
Pure land
Short-term rentals on DSCR
Bridge does not fund rehab draws. DSCR does not allow Airbnb or VRBO, owner-occupy, or property with active construction. Philadelphia is not accepted for DSCR at this time.
Start a file
Send the address before you write the offer.
Include purchase price, rehab or construction budget, rent or exit, and target hold period. Francesco will map Fix & Flip, Ground-Up, Bridge, or DSCR.
Francesco P. Sergio
Regional Director
NovaMac Funding
Powered by Pacific Lending LLC
Company NMLS #1245472
Office 855-668-2622, Ext. 703
Mobile 609-304-2700
www.novamacfunding.com
Pricing is deal-specific and based on property, borrower portfolio, market conditions, and is subject to change without prior written notice. Experience-based Fix & Flip leverage runs about 75–90% of purchase. Ground-up starting rates step from about 10.49% to 8.99% with completed deals. DSCR credit overlays reduce leverage below 700 FICO. This page is not a commitment to lend.