Overview
New Silver is a tech-forward non-QM lender with fast underwriting and accessible minimum loan sizes that suit newer investors.
New Silver is based in West Hartford, CT and was founded in 2018. They operate nationally and offer fix-and-flip, BRRRR, rental, bridge financing. Their loan amount range runs from $100K to $3.0M.
Key terms at a glance
| Loan type | Hard money / non-QM institutional |
|---|---|
| Products | fix-and-flip, BRRRR, rental, bridge |
| Geographic coverage | National |
| Loan size | $100K – $3.0M |
| Interest rate range | 9.5% – 11.75% |
| Origination points | 1 – 3 |
| Minimum credit score | 660 |
| Minimum DSCR | 0.75 |
| Max LTV | 85% of ARV |
| Max LTC | 90% of cost |
| Term lengths | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 5-14 days typical |
Strengths
- tech-driven fast underwriting
- low minimum loan sizes
- BRRRR-friendly
Ideal borrower
Newer-to-mid investor with smaller deal sizes
How New Silver compares
As an institutional non-QM lender, New Silver's underwriting is templated and predictable. That is fast for a borrower who fits the box and inflexible for one who does not.
Coverage is the constraint most investors hit first. New Silver serves National, and lender licensing changes often enough that it is worth confirming your state before you get far into a file. Our state-by-state pages for New Silver cover the rules that differ by state — prepayment penalties, entity vesting and foreclosure mechanics.
Other lenders investors compare against
- The full lender directory — every lender we track, with terms side by side
- How DSCR qualification works — the ratio every one of these lenders underwrites to
- DSCR calculator — check coverage before you apply anywhere
New Silver FAQ
New Silver is based in West Hartford, CT and serves National. Coverage changes as licensing changes, so confirm your state directly with the lender before relying on it.
New Silver's indicative rate range is 9.5%–11.75% with 1–3 points. Pricing depends on credit, leverage, coverage ratio and experience, and moves with the market.
New Silver's typical minimum loan is $100K, with maximum loan size up to $3.0M.
New Silver's typical close timeline is 5-14 days typical. Fast-close depends on documentation quality, title clarity, and underwriting load.
New Silver offers fix-and-flip, BRRRR, rental, bridge financing. They also do DSCR rental refinance, which makes them a one-stop shop for BRRRR strategies.
Newer-to-mid investor with smaller deal sizes
This review is an independent directory listing. DSCR Loan Program is not affiliated with New Silver, receives no payment for placement, and does not rank lenders in exchange for compensation. Rates, terms, and eligibility are determined by the lender and subject to change. Always verify current pricing directly with the lender before relying on any specifics.