Portfolio Loan Program

GeographyAll states except MN, ND, SD, VT and WV 
Loan PurposeResidential up to 20 units
Loan Amount Range$500K-25M
Loan ProcessPaperless, automated and online
Assets3 month bank statement showing seasoned funds with required liquidity reserve lower of 10% of loan balance or 12 months of PITIA
Net Worth Minimum 25% of loan balance (not including borrower's interest in subject portfolio)
PrePayment PenaltyFull yield maintenance with 6 months open prepay window at end of loan term
Terms5 year, 10 year fixed with additional loan terms accepted on case by case basis
Loan To Value MaxUp to 75% of As Is
Loan MaxUp to 80% on purchase with additional restrictions on refinance
Determination of ValueAppraisal ordered by NavCap using approved Appraisal Management Company (AMC) 
BorrowerLoans are made to business entities (e.g., LLC, Corps, etc.) only -- not individuals
Credit ScoreGenerally 680 or higher
Credit GridNo foreclosures, no open tax liens, bankruptcies at least two years discharged
OccupancyNot owner occupied
IncomeNot required
Navigator Private Capital, LLC 1910 Towne Centre Blvd Suite 250 Annapolis, MD 21401. Navigator Private Capital only makes loans for business purposes and is not a residential mortgage lender. This is not an offer to lend or to enter into an agreement. For more information, email us at info@gonavcap.com.