General Company Questions

Harbor Lending is a mortgage lender focused on consumer bridge loans and business purpose loans. We operate under Nextres LLC. Nextres LLC dba Harbor Lending, NMLS #2321794.

Harbor Lending offers a consumer bridge loan for homeowners who want to buy before selling, and a business purpose loan for real estate investors who need fast, asset-based capital. Additional programs are coming.

Harbor Lending is a mortgage lender focused on bridge and investment financing. We focus on specific programs because genuine depth in a given space is what our borrowers and loan officers deserve. 

Contact a Harbor Lending relationship manager directly at sales@harborlending.com or 1-833-734-1038. You can also submit a scenario through our website. No paperwork is required to have a conversation — we review scenarios and provide pricing before any formal agreement is in place.

Yes. Mortgage brokers can submit scenarios before any paperwork is in place. If we decide to work together and fund a loan, that is when the formal broker package and TPO registration process begins. Your client relationship stays yours throughout.

The TPO portal is Harbor Lending's platform for registered loan officers and brokers. It provides access to scenario submission and tracking, marketing materials, and direct communication with your relationship manager. Contact us to begin the registration process.

Visit harborlending.com/mortgage-brokers to access the broker portal registration, or contact us directly at sales@harborlending.com.

A consumer bridge loan gives realtors another tool to offer their clients. The borrower can make an offer without a sales contingency, helping compete with cash offers, uncovering sellers, and creating new inventory opportunities. Brokers who bring this solution to their realtor relationships consistently close more deals.

Most loans close in approximately two to three weeks. Consumer Bridge Loans are subject to TRID and the three-day rescission rules.

Yes. Contact us at sales@harborlending.com for examples and to discuss what is available for your use.

Harbor is an asset-based lender. We focus on the assets — including the properties and reserves — look for stable credit, and require a clear exit strategy. The story, the assets, the equity, and the exit strategy drive the decision.

No formal appraisal is required in most cases. We use a BPO with an interior inspection. If an existing appraisal is available, it may be transferable. Subject to program guidelines.

The Consumer Bridge Loan has a term of 11 months, interest only. The Business Purpose Loan has a term of up to 24 months, interest only. Both carry a balloon payment due at the end of the term. There are no prepayment penalties on the Consumer Bridge Loan. The Business Purpose Loan carries a 4-month interest guarantee.

Our loan will be in first position on the purchase property and is often in second position on the current home. Any existing junior liens will need to be paid and closed. The total loan amount will appear on both properties.

No. The program is designed to allow time for the move, the sale, and any subsequent refinance of a remaining balance. The sale of the departing property often pays down the note, and we have release clauses that allow for this.

By cross-collateralizing — tying more than one property to the note — we can combine collateral values to reach 100% or more of the purchase price when there is sufficient equity. This can be structured across different states. Use the calculator on our website or contact us to run the numbers on a specific scenario.

We take 65% of the combined value of the current home and the purchase price, then subtract any existing first mortgage balance. The formula is: .65 x (current home value + purchase price) − existing first mortgage balance. A calculator is also available on our website.

Most of our loans involve 1-4 unit residential properties. We can also work with 5+ unit apartments, mixed-use properties, and manufactured homes on owned lots. Rural properties and most commercial properties are restricted. Subject to program guidelines.

A consumer bridge loan is a short-term residential loan that allows a qualified homeowner to purchase their next home before selling their current one. The equity in the existing home is used to structure the financing for the new purchase. The borrower retains ownership throughout and pays off the bridge loan when the existing home sells.

No. The consumer bridge loan is specifically designed for homeowners who want to buy first and sell afterward. In most scenarios, your departing home does not need to be listed or under contract before closing on the new purchase. Subject to program guidelines.

Yes. This is one of the most important things to understand about the consumer bridge loan. You do not need to list your existing home before you start searching for the next one. You can find the right home, make an offer, and close — before your current home ever hits the market. This gives you time to prepare, stage, and sell your existing home properly rather than in a rush.

Loan amounts up to $3 million are available through Harbor Lending's consumer bridge loan program. Higher amounts may be available by exception. Subject to approval and current program guidelines.

11 months. Interest only. Subject to program guidelines. Contact a relationship manager for current timing on your specific scenario.

You do not need to have your departing home listed or under contract before closing on the new purchase. Subject to program guidelines.

SFR, Condos, Townhomes, PUDs, 2-4 units, and Manufactured homes. Speak with a relationship manager to confirm eligibility for your specific property type and scenario.

Yes. Harbor Lending reviews scenarios and provides pricing before any formal agreement is in place. No broker package is required to have a conversation or receive pricing. The formal TPO registration process begins when you decide to fund a loan with Harbor.

Look for borrowers who want to buy before selling, have equity in an existing home, face a DTI or income documentation challenge, are losing offers due to a sale contingency, or are waiting to start looking because they think they need to sell first. Any of these signals is worth a conversation with Harbor.

A business purpose loan is a short-term loan made for a business or investment purpose, secured by real estate collateral. Unlike a consumer bridge loan, it is not used for owner-occupied residential transactions. It is designed for real estate investors who need fast, flexible capital for acquisitions, repositioning, 1031 exchanges, and other investment scenarios.

A consumer bridge loan is for homeowners moving between primary residences. A business purpose loan is for investors operating in a non-owner-occupied capacity.

Investment properties, non-owner-occupied and owner-occupied residential, rental properties, multi-family, mixed-use, and other income-producing real estate. Speak with a relationship manager to confirm eligibility for your specific property type and scenario.

Yes. Investors who need to acquire a replacement property before their exchange proceeds arrive can use a Harbor business purpose loan to bridge the timing gap. This allows you to secure the replacement property without missing the exchange window. Subject to approval and program guidelines.

Yes. Fix and flip investors who need short-term acquisition capital are a core Harbor borrower profile. Fast close timelines and assest-based qualification make this a practical solution for time-sensitive investment deals.

Documentation requirements are minimal compared to conventional investment loans. Harbor's asset-based approach focuses on the property, equity, and exit strategy. Specific requirements vary by scenario. Speak with a relationship manager.

Look for real estate investors who need fast capital on a non-owner-occupied property, have a time-sensitive acquisition, are completing a 1031 or reverse 1031 exchange, are repositioning a property not yet stabilized, or need an asset-based solution. These are core Harbor scenarios.