Our specialty is helping mortgage brokers, realtors, and investors purchase or refinance non-owner occupied residential properties. So if you’re looking for a respected lender that offers streamlined services, quick closings, and aggressive rates, you’re in the right place.
What is a Capital Lending Solutions LLC Fix & Flip / Bridge Loan? It is a short-term loan used to acquire an investment property quickly. Generally this financing is used until permanent financing is found, the home is re-sold, or it is rehabilitated and then re-sold.
Fast Financing For a Fast-Paced Market:
Next-Financing Fix & Flip / Bridge Loans can provide the cash you need to grow your real estate portfolio. Benefits include:
Get Fast Financing For Rehab Projects – Loans From $75K* to $5 million.
No hurdles – Flexible Loan Options Designed To Meet Your Strategic Needs.
Advantages of Next-Financing Investor Loans:
Rehab Fix & Flip, Rehab Fix & Rent, Bridge Acquisition, Refinance, Cash Out or Ground Up Construction.
Stated Income – Bank Statements Only.
Up To 90% of Purchase Costs.
Up To 100% of Rehab Costs.
Fix & Flip / Bridge Financing From 12-48 Months.
NO Minimum FICO Requirements.
Interest Only Payments.
No Hurdles- a very user-friendly and streamlined process.
Fast Approvals, Quick Closings & Competitive Rates.
At Capital Lending Solutions LLC, you get flexibility and speed, not red tape and committees. Bottom line: If your strategy is sound and your property has potential, we’ll find a way to make your loan work—without the drama and without the run around.
Do You Need Proof of Funds?
It’s Fast, Easy, and Just Takes Minutes
For investors that are considering offers on properties, find out the loan amount and rate you can receive on Fix & Flip / Bridge Loans with Capital Lending Solutions LLC.
Advantages of Being Pre-Approved
Know your rates and terms in writing upfront.
No cost to you.
Use your proof of funds (POF) when submitting offers.
Loan Amounts from $100,000-$5,000,000.
Get approved once and then receive rapid approvals on all future properties.
Q: What type of properties are eligible for Fix & Flip / Bridge Loans offered by Capital Lending Solutions LLC?
A: The following property types are eligible for our fix and flip / Bridge Loans:
Single Family Residence (SFR)
2-4 Unit Properties
Q: What type of Fix & Flip / Bridge Loans are offered by Capital Lending Solutions LLC?
A: Next-Financing offers Fix & Flip / Bridge Loan rates between 6.99%-12.99%. All rates are based on the individual property and borrower. Contact us to learn more. Sales@Next-Financing.com or 800-605-1821.
Q: What are the minimum and maximum loan amounts for Fix & Flip Loans offered by Capital Lending Solutions LLC?
A: Next-Financing Fix & Flip loans have a minimum loan amount of $75,000* and a maximum loan amount up to $5 Million (Exceptions Granted).
Q: Do you lend on construction or repairs?
A: Yes, Next-Financing specializes in providing Fix & Flip / Bridge Loans that include both the purchase and repair costs as part of the loan.
Q: What States does Capital Lending Solutions LLC offer it’s Fix & Flip / Bridge Loan Products?
A: Capital Lending Solutions LLC provides lending in all 50 States.
Q: What is the minimum FICO Score for Capital Lending Solutions LLC's Fix & Flip / Bridge Loans?
A: Next-Financing’s Fix & Flip / Bridge Loan has no minimum FICO requirements.
Q: What type of documentation is required for Capital Lending Solutions LLC's Fix & Flip Loans?
A: We look at things very differently than a bank and rely mostly on your real estate experience and other common sense factors when making decisions.
Capital Lending Solutions LLC will ask for the following documents for Fix & Flip / Bridge Loans.
2-3 Months Bank Statements
A list of Properties You Currently Own or Have Completed – Track Record
Two Years of Tax Returns
LLC Operating Agreement or Articles of Incorporation
Q: Do you lend to Companies or LLC’s?
A: Yes, we lend to individuals, corporations or LLC’s.
Limited Partnerships, General Partnerships
Q: Does Capital Lending Solutions LLC lend to people from other Countries?
A: Our Fix & Flip loans are available to the following borrowers:
Permanent Resident Aliens/Foreign Nationals
Q: Can I receive financing for a residence I’m looking to live in permanently?
A: No. Next-Financing provides commercial only loans that are non-owner occupied (investment) properties.
Q: Is there a Prepayment Penalty?
A: No, there is no Prepayment Penalty on our Fix & Flip / Bridge Loans.
Fix & Rent Loan
Buy and Hold
Real Estate Investor - Rental Loan
30 Year Fixed Rate Rental Loans
Single Family Residence
Up to 2-4 Unit Rentals
Close in Just a Couple Weeks
Starting at 6.49%
3.5 and 7 Year ARM's Starting at 5.89%
Let us help you grow your rental portfolio
Our Rental Loan product provides our customers a reliable source of financing through a simple and efficient online loan process. Our 30-year fixed-rate rental loan product was designed to help savvy investors capitalize on the rapidly growing rental market. With attractive rates and up to 80% loan-to-value (LTV) on fixed-rate loans, these loans are a great way to get cash out from your existing rental properties. Our Rental Loans begin at $75K and up to $2 million with no personal income verification.
Q: What type of Rental Loan Rates are offered by Next-Financing?
A: Capital Lending Solutions LLC offers both fixed a 30-year rate starting at 6.35% and hybrid adjustable rate mortgage, 3/1, 5/1 and 7/1, starting at 5.75%. All rates are based on individual property and borrower. Call us too learn more 850-270-8943.
Q: What type of properties are eligible for Rental Loans offered by Capital Lending Solutions LLC?
A: The following property types are eligible for our Rental Loans:
Single Family Residence (SFR)
2-4 Unit Properties (LTV cannot exceed 80%)
Warrantable condos must meet Fannie Mae warrantability requirements (LTV cannot exceed 70%)
10 acres maximum
Non-warrantable condominiums not allowed
Q: What are the minimum and maximum loan amounts for Rental Loans offered by Capital Lending Solutions LLC?
A: Next-Financing Rental Loans have a minimum loan amount of $75K and a maximum loan amount up to $2M. A borrower can have no more than $3M worth of loan amount and no more than 6 properties.
Q: What States does Next-Financing offer it’s Rental Loan Products?
A: Next-Financing provides Rental Loans in all States and District of Columbia except Alaska and South Dakota.
Q: What is the minimum FICO Score for Capital Lending Solutions LLC's Rental Loans?
A: Capital Lending Solutions LLC's Rental Loan FICO score minimum is 620. Tri-merged credit report is required for all personal guarantors and determined as follows:
If 2 credit bureau scores are reported, the representative score is the lower score; and
If 3 credit bureau scores are reported, the representative score is the middle score.
Foreign Nationals without an ITN are not subject to FICO requirements
Q: What type of documentation is required for Capital Lending Solutions LLC? Rental Loans?
A: Capital Lending Solutions LLC requires the following documentation from borrowers interested in our rental loans:
Capital Lending Solutions LLC's online application, completed by borrower
Most recent two months bank statements or the most recent quarterly statement
A list of properties you currently own (a REO Schedule)
No Tax Returns Required
Lease(s) – (if currently rented)
Certification of Business Purpose/Non-Owner Occupied Affidavit
Sales Contract (on purchase)
LLC Operating Agreement or Articles of Corporations
Other documents and/or materials may be requested based on the individual borrower’s circumstances and collateral.
Q: Who is eligible for our Rental Loans?
A: Our rental loans are available to the following borrowers:
Permanent Resident Aliens
Non-permanent Resident Aliens
LLCs, Limited Partnerships, General Partnerships, Corporations
Q: What is Debt Service Ratio Coverage?
A: Debt Service Coverage Ratio (DSCR) is a calculation that helps us determine if a rental investment is generating enough income to make its loan payment obligations.
DSCR is calculated by the following simple formula:
DSCR = Monthly Gross Income PITIA*
*Principal, Interest, Taxes, Insurance and Association Fees.
Q: What are the cash out eligibility and restrictions?
A: The cash out eligibility and restrictions are the following:
Six months since prior financing or date of purchase is required.
Delayed Financing Exception per FNMA permitted and prior Bridge Loans with Next-Financing qualify.
Loans not eligible for cash-out: Properties listed for sale by the borrower in the past three months.
Q: Does my Rental Property have to be leased before closing?
A: The following are the lease requirements:
An executed lease with no less than 3 months remaining at time of close
Unleased properties the gross rents indicated on the 1007 may be used
Gross income is the lower of actual rents and market rent as indicated on Form 1007
Q: Can I live in one of my rental properties or rent it to a family member?
A: No. Capital Lending Solutions LLC provides commercial only loans that are non-owner occupied (investment) properties.
Q: Is there a Prepayment Penalty?
A: Prepayment Penalty conditions are as follow:
Term: 3 Years
Type: 80% of 6 months interest
There are buy down options, please call us to learn more. 850-270-8943.
Fix & Rent Loan
Turning Your Rehabs into Rentals All with One Lender
Our Fix & Rent Loan was designed specifically for investors who are looking to purchase a property, renovate it and keep it as a buy and hold investment. You’ll get the benefits of our interest only Fix & Flip Loan to finance your purchase and repairs and then the convenient option of rolling into our 30-Year rental loan. Best of all, when you apply for our Fix & Rent Loan, you’ll be eligible for discounts on your fees.*
Advantages of Fix & Rent Loans:
Fast and Simple: Apply for a Fix & Flip Loan and once renovations are completed, roll into our 30-Year Fixed-Rate Rental Loan.
One Lender: With Fix & Rent, you can have the convenience of one lender for both deals, one application to fill out and have saved on file, and one loan officer and closing agent to help you every step of the way.
Discounts: Because you have already chosen to work with us on a Fix & Flip deal, returning customers will get a discount on fees towards their Rental Loan.