Nova Money Lenders lends on various types of Projects
Buying Property
Nova Money Lenders provides short-term funding for the acquisition of both non-owner occupied and commercial properties. Cross-collateralization options are available for this program.Residential
- Term – up to 12 Months
- Loan Amount – $50k to $2.5M+
- LTV – Up to 85% of the purchase price
Commercial
- Term – up to 18 Months
- Loan Amount – $100k to $2.5M+
- LTV – Up to 85% of the purchase price
Rehabbing
Nova Money Lenders provides financing for investors who need to do renovations on both non-owner occupied and commercial properties.Residential
- Term – up to 12 Months
- Loan Amount – $50k to $2.5M+
- LTV – Up to 65% of the ARV
- Up to 100% of the renovation costs
Commercial
- Term – up to 12 Months
- Loan Amount – $100k to $5M+
- LTV – Up to 65% of the ARV
- Up to 100% of the renovation costs
Refinancing Property
Nova Money Lenders provides short-term funding for the refinancing of both non-owner occupied and commercial properties. Cross-collateralization options are available for this program.Residential
- Term – up to 12 Months
- Loan Amount – $50k to $2.5M+
- Up to 65% Refinance of As-Is Value
Commercial
- Term – up to 12 Months
- Loan Amount – $100k to $5M+
- Up to 65% Refinance of As-Is Value
Cashing out
Nova Money Lenders provides short-term funding for other projects such as paying income taxes or sending your kids to university. How you want to use the money is up to you. Cross-collateralization options are available for this program.Residential
- Term – up to 12 Months
- Loan Amount – $50k to $2.5M+
- Up to 50% of As-Is Value
Commercial
- Term – up to 12 Months
- Loan Amount – $100k to $5M+
- Up to 50% of As-Is Value
The visionary and dynamic leader of Nova Money Lenders, LLC, an emerging private money lending institution. With a passion for innovation and a deep understanding of the lending landscape, Elizabeth is dedicated to driving the success of the company.
Drawing from her extensive experience and solid educational background, including a BSC in Mathematics and Physics from the University of Guelph, Canada, and a Certificate of Marketing from McGill University in Montreal, Canada, Elizabeth has developed a comprehensive knowledge of market trends, risk assessment, and strategic financial planning.
Throughout her career, Elizabeth has focused on both the investing and lending sides of the real estate sector, accumulating over 35 years of experience. She has honed her skills in various specialties, including real estate wholesale, fix and flip, rental properties (single family and apartment buildings), mortgage notes (1st and 2nd) (performing and non-performing), creative financing, foreclosures, short sales, and more.
Outside of her professional pursuits, Elizabeth indulges her love for fine jewelry, even becoming a bench jeweler, a budding gemologist, and a diamond appraiser.