This Week’s Spotlight: “NEXA Loan Product Offerings” 

NEXA Mortgage has the largest loan product offering of any other mortgage company in the nation. Our wholesale relationships with over 263+ lending institutions, means no other mortgage company can compete with our superior loan product line. NEXA Mortgage has made this one of our strongest commitments to buyers and realtors. 

NEXA’s Loan Product Lineup

1. Conventional - FHA - VA - USDA - Jumbo
2. Renovation / Rehabilitation loans for home improvement
3. 2nd Mortgages / HELOCS / HELOANS
4. Self Employed - 1099 or P&L only, under 1 year self employment 
5. Investors - DSCR, Fix & Flip, Fix & Hold, Blanket Loans
6. Down Payment Assistance - 2nd mortgage with low payments, Grants, Forgivable loans, Deferred Payment loans 
7. W2 layered with Asset Depletion
8. NO Doc loans / Stated Income
9. Bank Statement loans
10. Asset Depletion
11. 1-Day Bankruptcy Seasoning
12. Non-U.S. Citizens / Non-Permanent Resident Aliens (DACA - ITIN) 
13. Bridge Loans - Buy then Sell
14. Ground up Construction
15. One Time Close - construction loans
16. All loan terms available 30, 25, 20, 15, 10 (as well as custom terms like 27, 22, 18, etc.)
17. Non-Recourse loans
18. Non-Arms length loans
19. Mezzanine financing
20. Delayed Financing
21. Mixed-Use, Commercial and Industrial loans
22. Hard Money / Private Money 
23. SBA loans
24. Agricultural loans

Additional Loan Program Features

✅ Features: (some features may not be available on all programs)

• Minimum Loan Amount = $50k
• DTI’s up to 50/60
• No credit scores for VA, 1 credit score for FHA, 500 min for FHA, 550 for USDA, 600 for Conventional
• NO OVERLAYS 
• We lend on 1-4 units like single family residences, condos, townhomes, duplexes, tri-plexes, quad-plexes, short-term rentals, vacation homes, manufactured properties (single or double wide), mobile homes, 5-20 units, apartment buildings, high rise condos, non-warrantable condos, condotels, barndominiums, any commercial properties like mixed use properties, office buildings, strip malls, hotels, casinos, farms, etc.
• Our Hard money / Private money lenders do not charge 13% - 18% interest rate. 
• No seasoning requirements meaning your client can sell or refinance right away. 
• No source or seasoning of closing funds required 
• Gift funds allowed from anybody or any entity - no verification 
• Use the highest credit score of all borrowers on loan application regardless of who makes the most income 
• No credit tradeline requirements
• Manual underwriting allowed
• Cannabis income
• Interest only options
• 40 year options
• NO Pre-Payment Penalties

Let’s help your clients turn their dreams into reality! Contact Team No Limit today to learn more or get started!