Newmark Investment and Loan

About Newmark Investment and Loan

Newmark Investment and Loan is a Private Money Lender based in Sparks, NV providing loans in Nevada. They provide lending solutions for many different scenarios, including fix and flip loans, construction loans, short term bridge loans, and commercial loans. Their loan guidelines are versatile, including loans with a maximum LTV of 65%. They lend money to all borrowers based on the value of the property and do not require a minimum credit score. They make loans on many property types, including single family, multi family, apartments, office buildings, retail units, mixed use spaces, and industrial facilities.State of Nevada Mortgage Lending Division requires the following disclosure for all trust deed investors who fund loans: "Investors are not guaranteed any interest or return, and the investment is not insured." The investment is secured by real estate and in the event of default, the investor has the right to foreclose. "Investors must be given applicable disclosures" and investors must be accredited and show proof of ability to invest.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Church, Land

Areas Served: NV

Licenses: NMLS #379632, Broker License #3644

Lending Guidelines for Newmark Investment and Loan

Below are the general loan guidelines published on the Newmark Investment and Loan 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 Newmark Investment and Loan.

Loan Example 1

Rhoda closes on a $180,000 rehab project in Las Vegas, NV, using a hard money loan from Newmark Investment and Loan. The loan-to-value (LTV) on the deal is 75%. This means Rhoda will have to bring 25% of the purchase price to closing and the principle amount will be $135,000 on the deal. The loan also includes these features: 1) a 12 month term, 2) a 9% interest only note, and 3) a four point origination fee.

In addition to paying the $5,400 origination fee, Rhoda will also have to fund $45,000 of the purchase with her own cash, or 25% of the purchase price. After the loan closes, she will pay the lender $1,013 in monthly interest fees, or 9% multiplied times $135,000 divided by 12 months in the year. If Rhoda sells the rehabed project for $225,000 at the end of the 12 month term, her total profit (not accounting for renovation costs) would be $27,450. This is calculated by taking the sales price ($225,000) and subtracting the original note amount ($135,000), the origination fee ($5,400), the funds she brought to closing ($45,000), and the total interest expenses ($12,150).

Loan Example 2

Newmark Investment and Loan makes a hard money loan to Concepcion for a remodeling project in Las Vegas, NV. The loan includes the following:

$270,000 purchase price
65% loan to value (LTV)
12 month term
10% rate of interest
5% origination fee

If Concepcion accomplishes her goal of a $364,500 sales price, the final numbers of the deal will be as follows:

$364,500 sales price
- $175,500 principle on note (65% LTV)
- $94,500 down payment (35% on 65% LTV)
- $8,775 origination points (5% of the $175,500 principle)
- $17,550 total interest paid (12 months x 10% interest)
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= $68,175 gross profit (doesn't include taxes or rehab costs)

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