Cash-Out Loans
Proceeds from these loans can be used for any purpose. The common denominator is that cash-out loans are always secured by investment real estate that a borrower already owns. We typically price these deals like Fix & Flip loans.
Loan Programs
Loans up to $3 Million
Nexus offers loans throughout Austin, Dallas, San Antonio and the surrounding submarkets. Almost 100% of our loans are from repeat clients or referrals.
Fix & Flip Loans
We love Fix & Flips!
Borrowers need 15% down plus closing costs. Nexus will lend up to 85% of the purchase price and 100% of improvement costs subject to a cap @ 70% of After-Repair-Value.
New Construction Loans
Custom Builders
Borrower experience is especially important with these transactions. Builders can expect loans @ roughly 80% of cost, including interest reserves.
New Construction Loans
Land Developers
Land financing receives the most scrutiny from Nexus. We will consider financing at 50% of value so long as all entitlements for the intended use are in place and the sponsor has substantial prior experience.
Nexus principals have considerable experience developing business parks, shopping centers and thousands of residential lots, so we invite you to call if you are considering a deal that could benefit from our experience.
Other Programs
Transactional Loans
Nexus offers short-term funding for simultaneous close or near-simultaneous close transactions. These deals typically reflect discounted rates and fees.
Joint-Venture
Joint-Venture programs are rare but we’re happy to listen and to help where we can. Even if we don’t join you, we can probably offer helpful insights or steer you to other parties who may want to engage.
We Love to Pay Referral Fees!
If you introduce a new client to Nexus, we will pay you a Referral Fee when their first loan closes. Our standard Referral Fees amount to 1/2% of the Total Loan Amount on a 12-month loan and 1/4% on a 6-month loan, respectively.
Interested in any of these programs?