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The Newway Group concentrates on providing excellent commercial mortgage loans. Our services includes a wide variety of commercial loans from hotels to buildings to apartments. The Newway Group provides a low cost, BEST for source solution for apartment loans and commercial property loans from $100,000 to well over $10 million.
The Newway Group has the capabilities to provide 100% creative financing loan if the project qualify. The Newway Group provide both Full Documentation loans and Stated Income loans where the applicant can venture into our 100% creative financing loan.
Does 100% mean not a penny out of pocket? Applicants must understand commercial loans involve lots of due diligence and paperwork concerning hundred of thousands to hundreds of millions of dollars. Applicants must be ready to absorb hard costs such as a commercial appraisal (+ $2500 min.), survey, inspection(s), and maybe a Phase I or greater, plus earnest money deposit. Easily the applicants must be ready to have a minimum of $10,000 to approach the seller. Refinancing cash out or rate and term usually requires much less.
Full Documentation Loan refers to a loan where all income and assets are documented. It is typically referred to as a "full doc" loan in the mortgage industry and is a common type of loan used for financing a home and commercial purchase or refinance.
Stated Income Documentation loan is a mortgage where the lender does not verify the borrower's income, by looking at their pay stubs, W-2 forms, income tax returns, or other records. Instead, borrowers are simply asked to state their income, and taken at their word. No Asset Verification available.
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Get the best mortgage loan for you
When you decide to buy a home or refinance a mortgage, it's a big step. You can trust us to find the loan program that's best for you.
Buying a new home is a source of anxiety, frustration -- and a huge sense of accomplishment. You didn't pick the house that was best for someone else, you picked the one that's right for you! Trust our professionals to find the mortgage loan that best fits your needs, too. "Less paperwork and more personal attention" means you enter a frustration-free zone from application to decision. Getting the right mortgage loan is like getting the keys to your new house! We can help you get there.
Refinancing your current mortgage has never been easier. If you thought refinancing meant getting buried under mountains of paperwork, think again! We make it easy and worry-free to reduce your interest rate and monthly payment. We can even help you pay down your balance more quickly for comparable monthly payment. Let our professionals guide you to the very best refinanced loan!
Tapping into your home equity is easier than ever before. You've been paying down your balance, and property values have gone up! Tap into that wealth and reward yourself. We'll help with the best program to fit your goals.
Our mortgage professionals give you the personal attention you deserve and treat you with the respect due a valued customer. We understand you're making a commitment in buying a new home, refinancing a mortgage, or cashing out your home equity. So we make a commitment to you. We will help you qualify, apply and be approved for the right mortgage loan for you. Not anyone else!
Please navigate our website to learn more about us, what we do for you, and how easy it is to get started.
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| Commercial Loans |
Multifamily Loans & Apartment Loans |
Small Commercial
Loan Program |
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If someone writes everything off, how can someone get the bank to work for them?
We are providing a funding commidity as a leverage tool for serious business minded clients who wishes to become more successful. Do not fear to succeed. |
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| What is a Line of Credit? |
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An arrangement in which a bank or vendor extends a specified amount of unsecured credit to a specified borrower for a specified time period also called credit line.
We look at all 3 credit scores.
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 Business Unsecured Line of Credit |
| Up to $250,000 - NO PG |
We have access to financial sources that offers unsecured Credit Lines from $100,000 to $250,000 (USD) for any use. No restrictions. Repeat as many times as you want!
 No financial statements
No tax returns
No Collateral or equity, NO PERSONAL GUARANTEE
No W2's
Use Funds to buy real estate
Use for down payment
Use for Construction |
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| Business Unsecured Line of Credit - Stated |
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up to $250k lines of credit down to 680 fico!
Must have 80 paydex DNB Score
Must be existing (2-3yrs min.) running business
No Up Front Cost |
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| 700 Fico Personal Unsecured Line of Credit - Stated |
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up to $100k lines of credit down to 700 fico!
No Collateral or equity
No Up Front Cost |
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| 620 Fico Personal Unsecured Line of Credit |
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up to $50k lines of credit down to 620 fico!
No Collateral or equity
Stated Income
No Up Front Cost
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Currently, we are only taking MyFico.com credit reports with all 3 scores no exception. Clients can send in their own existing report for screening. Do not get a broker mortgage credit report if you have not done so. A broker mortgage credit report is detrimental for all lines of credit funding.
It is NOT good for line of credit lenders if you pull a mortgage credit report because it is less expensive. |
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| up to 100% Small Balance and traditional Commercial Mortgage Loan |
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| Small Balance provides fast, flexible commercial financing for small commercial mortgages from $100,000 to $100 million. Streamlined commercial loan process saves borrowers both time and money. Up to 100% commercial financing. |
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Commercial Loan  |
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This is a special 100% LTV Commercial and Business financing program for acquisition and construction projects from $150,000 to $450 Million. Funding available for any commercial property type from Apartment buildings and condo conversions to office, warehouse, hotels, resorts, and gas stations. Borrower or the property must have strong cashflow. Personal stated income OK, but property income must be verified! Worldwide. |
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Minimum Loan Size: $150,000 - Maximum Loan Size: $450 Million.
Full Doc or Stated Income
Not credit base
No new construction
$6,000 due diligence ($5,000 refundable) or 2 to 3% of loan amount (the greater) |
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up to 100% Commercial Loan |
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Loan is restricted to cash-flow-positive income producing U.S. properties only with the structuring of an 85% senior lien (private lender) and a 15% junior lien that is held by a separate private investment group or seller financed. All terms are structured on an individual, per-project basis. |
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Minimum Loan Size: $1.5 Million - Maximum Loan Size: $80 Million.
Full Doc
No new construction |
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up to 100% Commercial Loan |
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Commercial loan for Hotel, Casino, Resort, Restaurant and Retail Mall. Fund through major lending institution. There is no equity participation. This program is in conjunction with a network of business' such as Travelocity, Priceline, hotels.com, etc, Once the loan has funded project will be marketed to this network of business' to bring clients to the resort, restaurant, etc, to ensure the project is successful. Interested project types include , Hotel, Casino, Resort, Restaurant, Malls -- Anything that the network would be able to advertise to the tourism industry to ensure your project is a success. To get this process started all is required would be an Loan Application and Executive Summary, Project Overview, or some type of presentation could be sent to the lender for consideration. Eligible Demographics - Global. |
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Minimum Loan Amount - $1 Million - No Maximum.
Full Doc
There may be Up Front Fees -- or fees are rolled into the loan (per basis). |
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up to 100% Venture Capital |
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Project based loan, not borrower based, and the joint venture funds 100% plus most costs. The borrower does not need to show assets or net worth yet it is preferred borrower show assets and net worth and must fill out a complete personal profile. The joint venture takes between 40 to 50% of the equity. There is no interest, no debt accrued, no payments and no pay back. If the project makes sense, it gets done. |
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Minimum Loan Size: $10 Million - No Maximum.
Full Disclosure.
$80,000 due diligence fee (refundable) after approval. |
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up to 100% Joint Venture Funding |
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This is a project based loan, not borrower based, and the joint venture funds 100% plus most costs. The borrower does not need to show assets or net worth yet it is preferred borrower show assets and net worth and must fill out a complete personal profile. The joint venture takes between 40 to 50% of the equity. There is no interest, no debt accrued, no payments and no pay back. After approval there is an $80,000 due diligence fee, which is refundable. If the project makes sense, it gets done. |
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Minimum Loan Size: $10 Million - No Maximum.
Full Disclosure
$80,000 due diligence fee (refundable) after approval. |
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up to 100% International Financing |
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Minimum Loan Size: $1 Million - No Maximum.
Full Disclosure |
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up to 100% Equity Partner Commercial Loan |
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We underwrite the debt AND the equity simultaneously for quicker funding. The equity partner typically only wants 35% of the project and takes a hands-off management approach. They believe that by taking a stronger portion of the project they are actually inhibiting the positive cash flow of the project. And thus the 35% position makes it a win-win for all parties involved. Note: The 35% position is an average and may be higher depending on the risk of the project.
Minimum loan amount is $10MM and an Equity Partner minimum of $5,000,000. There isn't a maximum loan amount.
LTV: no more than 70% on the commercial side, and the equity partner portion will depend on what the deal needs and what equity the borrowers already have into the project. The equity partners will do from 35% to 65%.
Terms: depends upon the project and appetites of the equity partner. Our exclusive lender is the direct source to the Wall Street Fund
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We prefer clients to have a full tri-merge credit report for the line of credit and/or commercial loans. Please submit an updated report. |
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