Newbridge Investments, LLC

About Newbridge Investments, LLC

Newbridge Investments, LLC is a Houston, TX based hard money lender who offers funding in Houston. They provide loans for many different situations, including fix-and-flip loans and investment property loans. The focus of their lending is for single family and multi-family units.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans

Property Types Covered: Single Family, Multi Family

Areas Served: Houston

Licenses: Texas Licence Number NMLS # 278873

Lending Guidelines for Newbridge Investments, LLC

Below are the general loan guidelines published on the Newbridge Investments, LLC website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Newbridge Investments, LLC.

Loan Example 1

Rebecca takes a private money loan from Newbridge Investments, LLC in order to renovate a house to resale in Houston, TX. The price of the property is $360,000. The loan-to-value (LTV) on the deal is 55%. This means that Rebecca will need to bring 45% of the sales price to the closing and the principle amount will be $198,000 on the note. The parameters of the deal dictate a 14% note for 6 months. They also require a 1 point origination fee, that will also have to be paid upon closing.

The borrower will have to fund a total of $32,400 upon closing to cover the $162,000 down payment in addition to the $1,980 origination fee. The monthly interest-only payments will then be $2,310 to the lender. If Rebecca sells the house for $540,000 after 6 months, she would then realize a total profit of $164,160 after deducting the principle amount of $198,000, the money contributed at the close of $162,000, the origination points of $1,980, and the total interest payments of $13,860. This profit doesn't account for building costs.

Loan Example 2

Ray is a an investor in Houston, TX. He buys a run-down property for a renovation project and obtains a hard money loan from Newbridge Investments, LLC with the following paramters:

a) A $160,000 sales price, b) a 50% loan to value (LTV), c) a 12 month term, d) a 11% interest rate, and e) a 5% origination fee.

Based on a $200,000 sales price after the 12 month term, the final numbers for the project would look like the following:

$200,000 sales price
- $80,000 principle (50% LTV)
- $80,000 down payment (50% on 50% LTV)
- $4,000 origination fee (5% of the $80,000 principle)
- $8,800 total interest paid (12 months x 11% interest)
-----------------------
= $27,200 total profit (doesn't include taxes or rehab costs)

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