Direct Lender for Residential Rehab Projects

Navigator Private Capital, LLC (NavCap) believes in the power of capital investment to transform neighborhoods and improve lives. We fund short-term, low-risk development projects in underserved communities across the country. We have established strong working relationships with realtors, mortgage professionals and tradesmen across the regions and welcome new relationships. If you are a real estate investor looking to fund your next project or if you are interested in participating in our loan program as a capital investor, we would love to hear from you.

  • Rates start at 8% for fix and flip financing
  • Rates start at 6.25% for rental loans
  • Rates start at 10% for new construction
  • Minimum 600 Credit Score

Please Note: We do NOT offer loans for owner-occupied homes.

Property Geographic Area Details

All states except CA, ND, NV, SD

Loan Amounts

$75,000 to $3,000,000

Interest Rates

6.25% to 14.00%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

2% to 6%

Loan Terms

6 months to 24 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Improve Subject Property

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

Property Types

  • 2-4 Units Residential
  • Condominium
  • Multifamily
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent

Purchase Loan

Max Loan-To-Purchase Price


Borrower Must Have Property Under Contract


Will Provide Proof of Funds Letter


Will Consider Lending on Purchase from Auction


Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Crowdfunding
  • Family

Rehab Value Add Loan

Experience Required


Minimum Number of Value-Add Projects Completed by Borrower


Will Provide Funds for Renovation Costs


Max LTC for Renovation Costs


Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw


Maximum After Repair Value


Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Pre Payment Penalty


Will lend to a foreign national


Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


Borrower Entity Types Considered

  • LLC
  • Limited Partnership
  • Corporation

Documentation Required

  • Credit Report
  • Bank Statements
  • Financial Statements
  • Loan Application

Personal Guaranty (Recourse) Required


Credit Check Required


Minimum Credit Score Required


Appraisal Required for Residential Property

Always Before Funding

Appraisal Required for Commercial Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property


Broker Price Opinion (BPO) Accepted for Commercial Property



Underwriting Fee

$500.00 to $500.00

Documents Fee


Credit Report Fee


Extension Fee

1 point

Appraisal Fee


Renovation Construction Draw Fee


Fees which are mandatory for all new borrower clients

  • Underwriting Fee
  • Documents Fee
  • Appraisal Fee
  • Credit Report Fee

Fees which are charged upfront prior to loan closing

  • Appraisal Fee

Fees which are paid to a third party company

  • Credit Report Fee

As a private real estate lender, Navigator Private Capital takes fix and flip, rental, and new construction financing to new heights. Much more than just a funding source, we are firmly committed to the long-term success of our borrowers and investors. By offering short- and long-term, asset backed loans with competitive rates and flexible terms, we fill a need not met by traditional lenders. We offer a strong value proposition to our clients, providing hands on support and guidance throughout the life of each project. We lend in underserved communities across the country.


MN (MN-BR-1732237)

Year Established



  • American Association of Private Lenders
  • National Private Lenders Association

Office Locations

Navigator Private Capital Headquarters
1910 Towne Centre Blvd , Annapolis, MD 21401

Primary Capital Source

  • Individual Investors

Alternative Capital Sources

  • Other Private Lending Companies
  • Friends & Family

Loan Structure for Majority of Loans

  • One Investor One Loan

Alternative Loan Structures

  • LLC Syndicated Investors
  • A/B Note Participation with Private Investor

Percentage of company’s lending business focused on private mortgage


Percentage of Loans Secured by Residential Property


Percentage of Residential Property Loans Which are Fix and Flip


Percentage of Residential Property Loans Which are Buy and Hold


Total Number of Loans Funded to Date


Total Loan Volume Funded to Date


2017 Number of Loans Funded


2017 Loan Volume Funded


2018 Number of Loans Funded


2018 Loan Volume Funded


2019 Number of Loans Funded


2019 Loan Volume Funded


Tim Boord

Director of Operations

Timothy (Tim) Boord is an accomplished mortgage executive with over 20 years of experience working with leading banks and real estate companies. He has broad mortgage experience including operations, client development, credit analysis, property evaluation, pricing, underwriting policies and loan quality. Mr. Boord is a Founding Member for Navigator Private Capital. He developed the customer profile, UW guidelines, Process and Procedures and budget. He is continually working on customer acquisition to grow production while protecting capital principal with a vision to grow Navigator Private Capital as the premier private money lender in the DC metro area. Since 2010, he has been involved in hundreds of rehab projects in the Baltimore/DC metro area. Previously, Mr. Boord served as District Director for Ziprealty where he led, trained, recruited and developed over 80 real estate professionals. Additionally, he has been VP for a Merrill Lynch company where under his leadership his offices funded over $1 B annually. Similarly, he has been a Senior VP for a Goldman Sachs venture where he recruited, trained and led over 70 operation and sales people including underwriting, closing, and processing. Mr. Boord holds a Bachelor of Science in Business Administration from Towson University and continues to hold a real estate license in Maryland and DC.

Rick Rall

Director of Sales and Marketing

Richard (Rick) Rall is an accomplished and versatile entrepreneur with over 22 years of experience working with real estate brokerages as well as mortgage banking, title, marketing and technology companies. Mr. Rall is a Founding Member for Navigator Private Capital. He is responsible for business and market development, focusing on the acquisition of private investment capital and the promotion of NavCap within the rehabber community. Built on solid financial principles and outstanding customer service, he believes that NavCap is well positioned for strong, continued growth. Mr. Rall is a Licensed Real Estate Broker and team leader for The Navigator Group, a real estate development team. Previously Mr. Rall served as President and CEO of Navigator Financial Services, Inc (NFS) for 14 years. As an approved lender for the FHA, VA, Fannie Mae & Freddie Mac, NFS funded over $200 million per year in mortgage production. Throughout his career, Mr. Rall has recruited, trained and developed hundreds of mortgage and real estate professionals. He has a Bachelor of Science in Business Administration from Towson University and was the 2016 President of Anne Arundel County Association of Realtors®.

Completed Transactions

Navigator Private Capital

Private Loan Funding
Columbus, OH
2-4 Units Residential

Residential Rehab

Navigator Private Capital

Private Loan Funding
Savannah, GA


Loan Request

Short Description of your Loan Request or Property Address

This information is about yourself, not the subject property.


At the end of the form you can enter the additional properties.

(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


(temp use, storage, billboard, parking, etc.)


If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.


how will the loan be paid off?


Add links to photos here.


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