Nationwide Lending Direct
Hollywood, Florida
NMLS ID 1753314
Our Minimum Loan Amount Is
$100,000
What We Do
- Commercial Real Estate Nationwide
- Residential Properties in Florida Only
Not Available
- NO 100% Financing
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Direct Lender for Commercial & Residential Real Estate
Nationwide Lending Direct offers a variety of loan programs. Our specialty is commercial bridge loans up to $15M which we fund in-house. Through various capital partnership, we also offer:
- Long-Term Commercial Financing
- Residential Bridge Loans
- Residential Fix & Flip Loans
- Residential Ground-Up Construction Loans
- Small Business Financing
- Owner-Occupied Home Loans (in Florida only)
Property Geographic Area Details
Nationwide
Loan Amounts
$100,000 to $15,000,000
Interest Rates
7% to 10%
Max Loan-To-Value
70.00%
Max Loan-To-Cost
80.00%
Origination Fees
1% to 3%
Loan Terms
12 months to 360 months
Lien Position
- 1st
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Invest in a Business
- Business Working Capital
- Value Add Project
- Development Project
- Primary Residence Purchase
- Personal Use
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Tenant Occupied Partial
- Owner Occupied Commercial
- Owner Occupied Residential
Minimum Occupancy Percentage
75%
Property Types and Loan Types
Collateral Types
- Residential Property
- Commercial Property
- Commercial Property Ground Lease
Property Types
- 2-4 Units Residential
- Assisted Living Facility
- Auto Dealership
- Auto Repair
- Bed and Breakfast
- Cannabis Dispensary
- Cannabis Grow Facility
- Car Wash
- Child Day Care
- Commercial Condominium
- Commercial Land
- Community Center
- Condominium
- Event Center
- Gas Station
- Golf Course
- Gym
- Healthcare
- Hospital
- Hotel
- Industrial
- Manufactured Home
- Marina
- Mixed-Use
- Mobile Home
- Mobile Home Park
- Motel
- Multifamily
- Office
- Parking Lot
- Place of Worship
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Rehabilitation Facility
- Religious Facility
- Residential Land
- Retail
- School
- Senior Housing
- Single Family Residence
- Sports Facility
- Storage Facility
- Student Housing
- Theater
- Vehicle Parking
- Winery
Loan Types
- Private Money
- Hard Money
- Commercial Bridge
- Residential Bridge
- Commercial Property Value Add
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Owner-Occupied
Specialty Loan Types
- Residential Long-Term Rental
- Partner Buyout
- Foreclosure Bailout
- Commercial Permanent Financing
- Primary Residence Bridge
- Primary Residence Business Purpose Cash Out
- Residential Non-Prime
Land Loan
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Office Land
- Retail Land
- Hospitality Land
- Agricultural Land
Will Consider Land That is NOT Entitled
noExisting Land Improvements Required
- Street Access
- Electricity
- Gas
- Water
- Communication
- Residential Structure
- Commercial Structure
Max LTV for Land
50.00%Max LTC for Land Acquisition
60.00%Purchase Loan
Max Loan-To-Purchase Price
80.00%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Family
Rehab Value Add Loan
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100.00%Typical Number of Days for Funds Draw
0Maximum After Repair Value
75.00%Details and Requirements
Typical Closing Time (Days)
30Fastest Closing Time (Days)
14Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
- Amortized
- Interest Reserve
- No Monthly Payments Required
Pre Payment Penalty
no
Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
noWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
no
Borrower Entity Types Considered
- Individual(s)
- LLC
- Limited Partnership
- Trust
- Corporation
- Non-Profit Corporation
- Self-Directed IRA
Documentation Required
- Credit Report
- Tax Returns
- Bank Statements
- Financial Statements
- Loan Application
Personal Guaranty (Recourse) Required
SometimesCredit Check Required
yesMinimum Credit Score Required
650Credit Check Description
Hard Money Products are not credit based mainly asset based so credit score can be lower than 650.Appraisal Required for Residential Property
SometimesAppraisal Required for Commercial Property
AlwaysBroker Price Opinion (BPO) Accepted for Residential Property
SometimesBroker Price Opinion (BPO) Accepted for Commercial Property
NeverFees
Processing Fee
Legal Disclaimer
DISCLAIMER: Nationwide Lending Direct LLC is a Private Lender and Advisor. All loan approvals are conditional and subject to qualification requirements being fully met by the borrower. Nationwide Lending Direct LLC is not a United States Securities Dealer, Broker or US Investment Advisor. Furthermore Nationwide Lending Direct LLC is not a licensed Realtor or Mortgage Broker in any state. All website content is not to be considered a solicitation for any purpose in any form or content, nor an offer to sell and/or buy securities and/or to provide lending against any primary residence properties and/or any financing that requires specific licensing in applicable states other than for private lending on investment properties only. Merely describing the details of an existing private lending program does not constitute an offer or solicitation of any kind and, if presented, is done so as a request for information. Upon reading this page you as the recipient acknowledge this disclaimer and warnings herein. By reading beyond this point, you agree, acknowledge and accept that this is a privileged, proprietary and confidential communication and you agree to keep it private.
In House Commercial Bridge Loan Financing
- $1 Million to $15 Million
- Nationwide
- Up to 60% LTV
- Interest Rate Starting at 7%
- Quick Closings 15 Business Days
- All Property Types Except: Ground up Construction, Hospitality/Hotel, No Raw Land
Traditional Commercial Bridge Loan Financing
- All Property Types Considered
- $200,000 Minimum
- Nationwide
- Up to 70% LTV
Long Term Commercial Financing
- $100,000 Minimum
- Nationwide
- Up to 75% LTV
- Rates Starting at 2.75%
Residential Investment Property Financing
- $100,000 Minimum
- Income Type: No Doc
- Rates Starting in the 5%’s
- Up to 75% LTV
Residential Renovation/Construction Financing
- $100,000 Minimum Loan Amount
- Up to 90% LTV of Purchase Price
- Up to 100% LTV of Renovation/Construction
- ARV up to 75% or Better
- LTC up to 90%
- Nationwide
- Quick Closings 15 Business Days Average
Business Loan Financing
- $10,000 to $100 Million
- Government Term Loans Can Fund 30-60 Days
- Merchant Cash Advance Can Fund Same Day
- Accounts Receivable Lines
- Up to 85% LTV
- Real Estate Can Be Included for Longer Terms and Higher LTV
Licensed Residential Mortgage Products
- Only Licensed in Florida
- Primary Homes Accepted
- Great Rates
- Up to 100% LTV for Veterans
Nationwide Lending Direct is one of the nation’s leading finance companies specializing in providing real estate loans from $100,000 up to $500 million as well as business loans from $10,000 up to $100 million.
We are a direct lender providing real estate loans up to $15 Million and loans up to $500 Million through our funding network.
NMLS ID 1695097 – Nationwide Mortgage Direct
License
NMLS ID 1753314
Company Size (Number of Employees)
20
Year Established
2015
Office Locations
2131 Hollywood Blvd, Hollywood, Florida 33020Primary Capital Source
- Own Funds
- Family Offices
- Other Private Lending Companies
Alternative Capital Sources
- Own Funds
- Individual Investors
- Family Offices
- Other Private Lending Companies
- Bank Credit Line
- Private Equity Funds
- Hedge Funds
- Life Insurance Companies
- Asset Management Companies
- Fund to Fund
Loan Structure for Majority of Loans
- One Investor One Loan
- Table Funding with Capital Partner
- Table Funding with Bank
- A/B Note Participation with Private Investor
Alternative Loan Structures
- Own Balance Sheet
- One Investor One Loan
- Table Funding with Capital Partner
- Table Funding with Bank
- A/B Note Participation with Private Investor
Percentage of company’s lending business focused on private mortgage
48%
Company’s Other Business Activities Besides Private Mortgage Lending
- Commercial Mortgage Brokerage
- Commercial Mortgage Banking
- Residential Mortgage Brokerage
- Business Finance
- Note Investing
- Residential Real Estate Investing
- Real Estate Development
Percentage of Loans Secured by Commercial Property
50%
Percentage of Loans Secured by Residential Property
50%
Percentage of Residential Property Loans Which are Fix and Flip
20%
Percentage of Residential Property Loans Which are Buy and Hold
50%
Percentage of Loans Secured by Land
20%
Percentage of Loans Secured by a Business (not real estate)
35%
Percentage of Commercial Property Loans Which are Ground-Up Construction
28%
Percentage of Residential Property Loans Which are Ground-Up Construction
25%
Percentage of Residential Property Loans Which are Long-Term Rental (5+ years)
40%
Lee Perez
VP of Commercial Lending
Daniel Sheps
Managing Director
Daniel Sheps NMLS ID - 1695097
Nationwide Mortgage Direct NMLS ID - 1753314
Our Minimum Loan Amount Is
$100,000
What We Do
- Commercial Real Estate Nationwide
- Residential Properties in Florida Only
Not Available
- NO 100% Financing
Loan Request
Our Minimum Loan Amount Is
$100,000
What We Do
- Commercial Real Estate Nationwide
- Residential Properties in Florida Only
Not Available
- NO 100% Financing