A 5-Star Lending Partner
Meeting challenges other lenders won’t
Up to 90% LTV
As fast as 72 hours to close
* Loan proceeds
** Except for CA, NV and AZ.
Sample Closed Deals
Suburban office building, circa 1985
105,000,000 sq. ft
45% vacant with rents averaging 35% below market
Purchase price was $13,500,000 with a stabilized value of $22,000,000
Financed at $11,500,000 at 8.5% for 36 months
We believe in the combination of the assets and sponsor's experience and plan, therefore we can finance 85% of the purchase price in 15 days.
Novello is committed to protecting broker interests while meeting your needs for certainty of execution and speed to closing.
As a balance-sheet lender, we make independent decisions and can close in 1-2 weeks, with brokers paid at closing.
We've invested in high-tech tools to facilitate our communication with brokers and borrowers. With your personalized account dashboard, we guarantee visibility and automated updates with each transaction approval process, 24-7.
We make it easy to share and sign the required information and documentation, like term sheets, commitment letters, and third-party reports. If any questions arise, our dedicated support team is highly responsive.
We believe that shared access and clear communication eliminates uncertainty and creates accountability for all.
Not a broker? We welcome referrals from other professionals and provide the same level of referral payout protection. If you’re an advisor, banker, accountant, attorney, consultant or another industry professional, we'd be glad to work with you.