PRMG

Mortgage Lender serving Nutley, NJ

About PRMG

Everest Business Capital, established in September 2014, is a private hard money lender serving business owners nationwide. They specialize in assisting real estate investors by providing efficient financing for acquisitions and rehab projects. The company has funded over 850 projects, totaling $185 million in loans.

Their main focus is on helping real estate investors with bridge financing for the purchase and renovation of single-family homes, 2-4 family properties, ground-up construction, mixed-use properties, and turnkey rentals. They pride themselves on closing loans in 15 business days and offer various real estate funding programs, including fix & flip, construction, rental, and bridge loans.

Fred Shatzoff, a 1979 accounting graduate from William Paterson University, leads Everest Business Capital. With lending experience since 1989 and expertise in FHA, VA, and first-time financing, Fred now specializes in alternative and private financing. Everest Business Capital also provides unsecured business credit lines and commercial loans to support business owners' capital expenditures and operational costs.

Company Information

Founded: 2014
Lender Type: Private Money Lender
Headquarters: New Milford, NJ
Total Loans Originated: $185 million

Licensed In

ALL

Home Loan Products

Fix & Flip Funding

Loan Types:
Hard Money
Property Types:
Single-Family HomeMulti-Family (2-4 units)
Occupancy Types:
Investment Property
Available Terms:
1 years
Credit Tiers:
Good (680-739)Fair (620-679)
70%
Max LTV
640
Min Credit Score

Construction Loan

Loan Types:
ConstructionHard Money
Property Types:
Single-Family HomeMulti-Family (2-4 units)
Occupancy Types:
Investment Property
Available Terms:
1 years
Credit Tiers:
Good (680-739)
65%
Max LTV
680
Min Credit Score

Rental Loans

Loan Types:
RefinanceHard Money
Property Types:
Single-Family HomeMulti-Family (2-4 units)
Occupancy Types:
Investment Property
Available Terms:
30 years
Credit Tiers:
Good (680-739)Fair (620-679)
80%
Max LTV
640
Min Credit Score

Bridge Loans

Loan Types:
BridgeRefinanceCash-Out RefinanceHard Money
Property Types:
Single-Family HomeMulti-Family (2-4 units)
Occupancy Types:
Investment Property
Credit Tiers:
Good (680-739)Fair (620-679)
75%
Max LTV
660
Min Credit Score

Contact Information

653 Franklin Ave
Nutley, NJ
US
Mailing Address:
New Milford, NJ 07646

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Business Information

Category: Mortgage Lender
Location: Nutley, NJ
Status: Standard
Founded: 2014
Type: Private Money Lender
Loans Originated: $185 million
Profile Views: 1

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