Nick Mollo

Nick Mollo
Senior Loan Officer

With over 17 years of residential and commercial banking experience, Nick’s wealth of knowledge in the financial field well exceeds expectations. He has worked alongside local business owners, real estate developers and investors to uncover financial solutions that will support growth, provide new opportunities, and facilitate goals. Nick joins EMCAP from Eastern Savings Bank and has also spent time at Citizens Bank and North Easton Savings.

Nick has accumulated knowledge and perspective in providing customized lending solutions tailored to the unique needs of his clients. He recently moved to the “island” of Cape Cod in Mashpee, MA.  He has been an active community member in Easton, MA where he was member of the green community committee for the last three years.

When Nick isn’t working, he enjoys playing golf, traveling and you can usually find him hanging out with at least one of his three dogs!

HARD MONEY LOAN CALCULATOR

Please feel welcome to use our Loan Simulator to determine the numbers for your next real estate investment project.

Step 1: Input your information for

  • Purchase/Refinance Amount:
  • Renovation/Construction:
  • Estimated After Repair Value (ARV):

Step 2: Submit your figures to me for evaluation.

Or, you are welcome to call me any time at 1-833-56EMCAP.

$
$
$
 
ARV % - Can't exceed 70% of Value
Total Cost:
Loan-to-Cost (LTC) - Can't exceed 85%
 

Sources & Uses

Overall Sources $
Borrower Cash at Closing
EMCAP Loan
TOTAL SOURCES
Uses $
Purchase/ Refinance Amount
Est. Closing Costs/Points (2.5% of Loan)
Renovation Escrow
TOTAL USES (COST)
@ Closing Sources $
Borrower Cash at Closing
EMCAP Funded Amount @ Closing
TOTAL SOURCES
@Closing Uses $
Purchase/ Refinance Amount
Est. Closing Costs/Points (2.5% of Loan)
TOTAL USES (COSTS)
Post-Closing Sources $
Borrower Cash
EMCAP Renovation Escrow
TOTAL SOURCES
Post-Closing Uses $
Purchase/ Refinance Amount
Est. Closing Costs/Points (2.5% of Loan)
Renovation Escrow
TOTAL USES (COSTS)
 
 

 

I am standing by to evaluate your deal and discuss how I can help you secure your funding.

 

RECENT TRANSACTIONS

Here are some recent transactions from our hundreds of successful loans.

Loan Amount:

$789,000

Loan Type:

Commercial Bridge

Property Location:

Massachusetts

Loan Amount:

$1,359,000

Loan Type:

SFR Construction

Property Location:

Florida

Loan Amount:

$1,050,000

Loan Type:

Commercial Bridge

Property Location:

Southern Maine

Loan Amount:

$647,500

Loan Type:

Construction

Property Location:

Southern Maine

What Successful Real Estate Investors Say About EMCAP Lending

Philip Swanson
Philip Swanson
2021-12-11
Great experience with Bryan. Would recommend. Stayed in close contact throughout the project to make sure things were moving smoothly.
Jim Moore
Jim Moore
2021-12-09
The most utterly professional group of people I have ever worked with. Their knowledge of the hard money business is unsurpassed. Highly recommend Emcap Lending.
Joe Currier
Joe Currier
2021-02-19
Professional, efficient and great communication response
Mike Fuller
Mike Fuller
2020-06-15
I went with EMCAP due to my senior representative and the trust I've built with him in the past. What I also really like about EMCAP were a couple of the cost savings measures that were put in place that other hard money/private lenders do not. These lenders are so boiler plate. However, EMCAP has the little things that separate them from the others. They have ways to help keep cash in your pocket during the project.
Michael Lefavor
Michael Lefavor
2020-06-14
Great private money lender!!! I have been using them for over three years now and have completed numerous projects using their financing. They lend on a variety of deals, I’ve done multi family flips, new construction, and fire damage rehab. There are two things I like most with Emcap 1. They can close a deal fast... a lot of private money say they can, but from my experience they can’t. Emcap closes. 2. Draw requests. They get you your rehab money funded into your account fast! I have had an inspector out at my project in the morning and funds were in my account by the end of the day. I would highly recommend using them for your next project. Friendly knowledgeable staff that go the extra mile to get your deal done. Every flipper give them a shot!
Anthony Autiello
Anthony Autiello
2020-06-09
Michael Bucci
Michael Bucci
2020-06-08
Professional, practical and personable
Timothy Hart
Timothy Hart
2020-06-08
Anthony Marcello
Anthony Marcello
2020-06-08
Marissa D'Angelo
Marissa D'Angelo
2020-06-02