Next-Financial Review

Our Summary

Next-Financing is an Arizona based specialty finance company that offers working capital loans, medical loans, consumer loans real estate loans and more. Next’s real estate segment specializes in fix and flip and rental loans with no minimum FICO requirements (fix and flip) and a fast closing process.

Fix and Flip loans cover up to 90% of purchase costs and 100% of rehab costs for single family properties, 2-4 unit properties, condos and town homes. Terms range from 12-48 months starting at 6.99% with no origination points.

Rental loans are offered in a variety of term structures, ranging from $75k to $2 million and up to 80% LTV. Rental loans require a minimum FICO score of 620 and cover singe family, 2-4 units, townhomes and warrantable condos.