Navigator Private Capital is a direct private lender based in Annapolis, MD, financing residential investment properties from 1–9 units in 38 states + DC. We offer Fix & Flip/Hold, Bridge, New Construction, and DSCR loans. We take a common-sense approach to underwriting, focus on the strength of the overall deal rather than making it fit a tight box, and can execute within tight timelines. Competitive leverage and terms. Our DSCR program is funded direct, not brokered.
As a direct lender deploying our own capital, we evaluate the strength of the borrower, property, and overall transaction rather than requiring every deal to fit within a rigid underwriting box. This allows us to take a practical, common-sense approach to transactions while still offering competitive leverage and terms.
Our broker partners also have access to an online portal for deal submissions, proof of funds letters, loan tracking, and outstanding conditions/action items.
Fix & Flip / Fix & Hold
Purchase & Renovate and Refinance & Renovate transactions are welcome.
Primarily focused on 1–4 unit properties, with the ability to finance up to 9 units.
Up to 92.5% LTC and 75% LTARV on qualifying 1–4 unit transactions.
Maximum leverage is generally available to borrowers with 3+ completed purchase-and-exit transactions within the previous 3 years.
First-time investors are welcome with a 680+ middle credit score.
We are credit-sensitive and generally do not offer pricing below a 660 credit score.
Smaller towns and secondary markets are considered as long as sufficient comparable sales exist within approximately 3 miles and the property is located within an established residential neighborhood.
New Construction
Lot Purchase + Construction and Lot Refinance + Construction transactions are welcome.
Primarily focused on 1–4 unit residential projects.
Up to 85% LTC and approximately 70%–75% LTARV.
Borrowers will typically need at least one completed ground-up construction project within the previous 36 months.
Exceptions may be considered for borrowers with strong renovation experience when the transaction has sufficient equity and an experienced builder is involved.
Minimum credit score: 680.
Smaller towns and secondary markets are considered when adequate comparable sales exist and the property is located within an established residential market.
DSCR
Purchase and refinance transactions are welcome.
Programs available for both 1–4 unit and 5–9 unit investment properties.
15- and 30-year fixed second mortgage options are also available.
For 1–4 unit properties, purchase, rate-and-term refinance, and cash-out refinance leverage may be available up to 80% LTV.
No minimum DSCR requirement on qualifying programs.
For recently renovated properties, there is no minimum seasoning requirement to utilize the current appraised value, subject to program guidelines.
Minimum credit score: 640.
Navigator is a direct DSCR lender — these loans are not brokered or placed through a correspondent channel.
Bridge
Purchase and refinance transactions are welcome.
1–4 unit residential investment properties.
Purchase leverage up to 80% LTV.
Refinance leverage up to 65% LTV.
Minimum credit score: 660.
Our goal throughout the lending process — from the initial conversation through closing and post-close servicing — is to provide effective, consistent communication to both our broker partners and borrowers.
We are focused on building long-term relationships and becoming the lender our partners can rely on when a transaction requires experience, flexibility, responsiveness, and the ability to execute.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
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