Updated
Investors searching New Silver alternatives have usually decided New Silver is not the right fit for this file — not that New Silver is a bad lender. They want credible capital with honest tradeoffs on digital speed versus local underwriting depth.
New Silver built a digital-first investor brand with published rate bands for experienced sponsors. Jaken Finance Group built metro-specific investor hubs for complex files in focus markets.
This page is editorial and educational — not disparagement. Program terms change; verify current rate sheets on your file.
Author: Jason Taken, Principal · Related: Fund That Flip alternatives · Kiavi alternatives · Best hard money lenders 2026
Methodology & disclosures
- How we compare: Assessment based on published lender marketing and Jaken Finance Group program parameters as of 2026. Not live rate scraping. Not endorsements.
- Not financial advice. Programs change without notice.
When investors look for New Silver alternatives
| Trigger | What the sponsor needs |
|---|---|
| Urban multifamily | Two-flat, row home, per-unit rent rolls |
| Focus-market exit | Bridge-to-DSCR on one relationship |
| Local insurance diligence | Florida coastal, Charleston wind tiers |
| Non-template rehab | Scope that exceeds digital milestone templates |
| Proof-of-funds speed | Metro-specific title company acceptance |
New Silver wins on digital SFR bridge speed and published rate bands. Alternatives win when geography and property type dominate the conversation.
New Silver digital origination — what investors report
New Silver built its brand on fast digital pre-approval for experienced sponsors — upload docs, get term sheet, close on template SFR files. Investors searching New Silver alternatives often hit these walls:
| Wall | Alternative path |
|---|---|
| Multifamily file rejected or down-LTC’d | Focus-market lender with two-flat comps |
| Appraisal misses room rents | No-ratio DSCR or local DSCR hub |
| Coastal insurance not in pro forma | Florida DSCR insurance guide |
| Refi handoff to third party | Jaken Finance Group bridge-to-DSCR in focus states |
Worked example: when New Silver fits vs when to compare Jaken Finance Group
New Silver-friendly file: $265K Atlanta SFR, light cosmetic rehab $35K, sponsor with 5+ documented flips, ARV $340K, 90-day hold — digital portal and published tiers shine.
Compare Jaken Finance Group instead: $295K Chicago two-flat, $88K rehab, RLTO inherited tenant, collar-county BRRRR exit — per-unit rent roll and RLTO guide change NOI and DSCR.
Run both through the fix and flip calculator — the cheaper rate is irrelevant if the lender cannot close or appraise your actual asset class.
New Silver alternatives compared (2026)
1. Jaken Finance Group — focus-market bridge + DSCR
Best for: Illinois, Indiana, North Carolina, Georgia, Florida, South Carolina, and Washington DC/DMV — multifamily, row homes, coastal insurance.
| Factor | Snapshot |
|---|---|
| Bridge | 7–10 business days on qualified files |
| Leverage | Up to 100% of cost on qualified fix-and-flip files, capped at 75% of after-repair value |
| DSCR | Metro hubs + calculator |
Pre-qualify with Jaken Finance Group · CoreVest alternatives (DSCR context)
2. New Silver — the incumbent you are leaving
| Factor | Snapshot |
|---|---|
| Products | Digital fix-and-flip, bridge, rental/DSCR |
| Strengths | Fast digital origination, published rate bands |
| Tradeoffs | Template bias on complex multifamily |
3. Kiavi — platform scale + market data
See: Kiavi alternatives · Kiavi vs Lima One
4. Fund That Flip / Upright — tech-forward portal
See: Fund That Flip alternatives
5. Lima One Capital — national grids + rental depth
See: Lima One vs Jaken Finance Group
Digital lender comparison snapshot
| Lender | Digital-first | DSCR products | Focus-market depth |
|---|---|---|---|
| New Silver | Yes | Yes | Variable |
| Kiavi | Yes | Yes | Variable |
| Fund That Flip / Upright | Yes | Verify current | Variable |
| Jaken Finance Group | Online pre-qual | Yes | High in focus metros |
Rate and points — compare the same file
Ask every New Silver alternative on one hypothetical acquisition:
- Interest rate — IO bridge
- Origination points
- LTC cap — experience tier
- Draw inspection lag
- Extension fees
- DSCR exit — seasoning if BRRRR
Tools: Fix and flip calculator · DSCR calculator · Product comparison matrix
Bottom line
New Silver alternatives are not about finding a cheaper rate — they are about matching capital to file complexity. Digital lenders win on SFR speed; focus-market lenders win when local economics change outcomes.
New Silver alternatives — when to compare focus-market lenders
New Silver targets national SFR fix-and-flip with platform UX. Compare alternatives when:
| Your file | Better fit than national template |
|---|---|
| Chicago two-flat BRRRR | Hard money Chicago |
| MHP or RV park | Commercial asset hub |
| No-seasoning DSCR exit | DSCR hub at 5.75%–10.5% |
| 500+ credit, strong ARV | 500 credit hard money |
Rate band to benchmark: 8.99%–13.5% IO on bridge/flip · RCN alternatives · Kiavi vs Lima One.
Pre-Qualify with Jaken Finance Group · (833) 264-7776
New Silver and other named lenders are separate companies; this page is Jaken Finance Group’s educational comparison only. Jaken Finance Group only finances non-owner occupied investment properties.
Term sheet comparison — New Silver vs. regional on identical file
Run $265K purchase · $52K rehab · $355K ARV on both:
| Line | Compare |
|---|---|
| LTC | Within 2%? |
| Points | Often bigger cost delta than rate |
| Extension | Fee % and max count |
| Draw SLA | Days to wire after inspection |
Benchmark 8.99%–13.5%. RCN alternatives · 100% financing · focus-state comparison.
Same file, two different kinds of rate
Investors compare a flip coupon to a 30-year mortgage and call the gap a rip-off. They are different products. The average 30-year fixed was 7.28% for the week of October 1, 2026. It was 7.03% the week of September 24. Both are on FRED MORTGAGE30US. That series is the loan an end buyer, or a landlord at a bank, might be quoted. It amortizes for decades. It is not a six-month note on a house with no kitchen.
Jaken Finance Group fix-and-flip and bridge notes run 8.99%–13.5% interest-only. Fix-and-flip terms are 6–12 months. Bridge terms are 12–24 months. A complete flip or bridge file can close in 7–10 business days. Qualified flip files can reach 100% of cost, still capped at 75% of after-repair value. Qualified bridge files can reach 90% of purchase.
On an example $250,000 loan at 7.28% for 30 years, principal and interest is about $1,711 a month. That payment includes principal. It is not the flip carry. An example $250,000 interest-only note at 10.99% costs about $2,290 a month and does not pay the balance down. You are buying time and a close that does not wait on W-2 income. Price that difference on one term sheet. Do not average the two rates into a blended “market.”
Business-purpose credit is a legal category
Regulation Z has an exemption for business credit. 12 CFR 1026.3 says an extension of credit primarily for a business, commercial, or agricultural purpose is not subject to those provisions. Credit to someone other than a natural person can fall in the same exempt group. The creditor still has to decide the primary purpose of the file.
That exemption is why an investment flip is underwritten on the property and the exit. It is not a promise that every consumer rule disappears, and it is not a reason to skip disclosures a particular state still requires. If the house will be your residence, this is the wrong product. Jaken Finance Group finances non-owner-occupied investment property.
Rehab bids moved in the last year
Construction materials were 10.1% more expensive in August 2026 than in August 2025. The index was 375.908, versus 341.458, on FRED WPUSI012011. A digital portal that locks a budget from a six-month-old bid will be short at the second draw. Ask every lender, including Jaken Finance Group, whether a revised GC number can be added before documents, or only by a change order after close.
Illustration: the value cap on a light rehab
This is an example, not a quote from any named lender. Purchase $265,000. Rehab $52,000. Cost $317,000. After-repair value $400,000.
| Test | Amount |
|---|---|
| 100% of cost | $317,000 |
| 75% of after-repair value | $300,000 |
| Lower figure | $300,000 |
| Cash the sponsor brings to cost | $17,000 |
Interest-only at 10.5% on $300,000 is $2,625 a month. Five months is $13,125. A sale at $390,000 with 6% selling costs ($23,400) leaves $390,000 − $317,000 − $13,125 − $23,400 = $36,475 in this example.
If a lender offers 90% of cost, that is $285,300, which is less than the $300,000 value-cap figure. You would bring more cash, not less. “Higher percent” only helps when it is still under the value cap. Run both tests. 100% financing on this site means up to 100% of cost on qualified files, not 100% of after-repair value.
DSCR exit, if you keep the house
A rental refinance is not the flip note. DSCR rates run 5.75%–10.5%. A complete DSCR file closes in about 14 business days. Purchase leverage can reach 85%. Cash-out can reach 80%. Rate-and-term can reach 85%. Those caps apply in select markets for qualified borrowers. They are not a promise on every house a digital lender declined.
Ask three questions on the exit before you pick the acquisition lender:
- Will this lender refinance its own bridge, or do you start over?
- Does the refinance use as-repaired value, or purchase price plus receipts?
- What coverage ratio do they want, and does the rent you can prove clear it after taxes and insurance?
What to put on one comparison sheet
Use the same purchase, rehab, value, and hold for every lender. Then fill:
- Interest rate and whether it is interest-only
- Points and any underwriting fee in dollars, not just a rate
- The loan after both the cost test and the 75% after-repair test
- Days from a clear inspection to a draw wire
- Extension price and how many extensions exist
- Who orders the appraisal, and whether multifamily room rents are accepted
- The DSCR path if you do not sell
Jaken Finance Group will quote the flip, the bridge, and the DSCR exit on investment property. Call (833) 264-7776 with the address and the scope. Bring the other term sheet if you have one. The useful comparison is the cash you still have at the sale, not the lowest teaser rate.