New Silver

2475 Albany Ave #203B, 06117, West Hartford, United States
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4.65
Based on 20 Reviews

5

85.00%

4

5.00%

3

0.00%

2

10.00%

1

0.00%
About New Silver

New Silver is a fintech company with a mission to improve local communities by providing fast, convenient, and flexible capital to real estate investors. We use data and technology to underwrite and originate investment property loans with more efficiency and predictability. Our pricing engine provides instant online loan approval and a term sheet so that our many happy clients are ready to make an offer in as little as 5 minutes.

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Vaughn
GB

Terms changed during process Terms changed during process Initial Term sheet stated 10/2 75%cash out Changed to 10.5/2 65%. Even though my appraisal came in above what I presumed. Forced to give an account for auto draft at closing. All aspects to be discussed upfront Too many unpleasant surprises. Felt like I was working with a conventional lender

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Scott Haberman
GB

Excellent service and communication My wife and I bought an investment property 1,500 miles from our current residence and New Silver was wonderful to work with. They are responsive, honest, and helpful. There was not one time during the transaction that I felt I was not fully informed of every aspect of their involvement in this purchase. Will definitely us New Silver in the future.

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Brandon
GB

Quick east transaction for new… Quick easy transaction for new construction loan. James was amazing to work with! Will be using going forward!

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Kevin Poole / GPA Investments, LLC.
GB

Good hard money company but needs 100% financing terms or deferred interest payment terms. Good hard money company. New Silver Lending needs 100% financing that way they don't loose developers to other banks that will offer 100% financing to repeated clients. New Silver should learn to roll everything into the deal, so that the developer can do more deals. If the developer has to come out of pocket to close the deal, then, the developer's monthly interest payments should be deferred until the property is sold. This will help to make all developer stay with New Silver for all deals. Because of this, I am negotiating will other lenders who are willing to do this.

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Kirk Peffers
GB

Joe Desalvo was super helpful and… Joe Desalvo was super helpful and amazing to work with throughout my loan process. His communication and response time made the process so smooth. Joe and Amra are wonderful and did an excellent job closing this deal quick and easy. I am excited to work with them! Thank you

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