Nfg assets wealth management provides guidance on loans for individuals living in the Kailua area.
NFG specializes in investment and multifamily property financing. We offer institutional bank and private loan solutions for a variety of property types, including SFR, 2-4 unit, multifamily 5+ units, and more.
Permanent loans are offered by banks and private money lenders and can close in 45 to 60 days. 650+ credit score required. Used for stabilized properties. 2-3 years tax returns required for most permanent bank loans. Private money permanent loans have less document requirements.
Fix & Flip loans are non-bank loans and can close in 2-3 weeks. 600 minimum credit score required. 10% to 15% down payment required for purchase fix and flip transactions. Experience required in most cases, or substantial cash reserves.
New construction loans are offered by banks and can close in 45 - 60 days. 650+ credit score required in most cases. Minimum 20% down payment required for new construction purchase transactions. Minimum 20% cash contribution to total costs