FAQ
Questions?
Everything you need to know about eligibility, the underwriting process, and how Navon turns real estate into working capital.
All
Eligibility
Application Process
Loan Terms
Underwriting & AI
Security
Eligibility
Who can apply
What are the requirements for funding?
You need at least 12 months in business, $250,000 or more in annual revenue, a 600 or higher FICO score, and non-primary real estate to pledge as collateral.
Do I need to own the property outright?
Not necessarily. You need to have sufficient equity in the property to support the loan amount at up to 65% LTV. Existing liens are reviewed during underwriting and factor into what we can fund.
Can I apply if my business is newer than a year?
No. We require at least 12 months of operating history. If your business is approaching that mark, you can apply once you hit the one-year threshold.
What types of real estate qualify as collateral?
Commercial, industrial, mixed-use, and investment residential properties. Improved properties only — we do not lend against raw land or primary residences.
Do you lend to individuals?
No. Navon lends to business entities — LLCs, corporations, and similar — for business purposes only.
Is Navon available in every state?
No. We lend in select states. Submit your property address in the application and we’ll confirm availability immediately.
Application Process
How it works
How quickly can I receive funding?
In most cases, under 10 business days from application. Our underwriting engine evaluates your asset in hours. Due diligence is the final step before funding and typically moves quickly once your file is complete.
What documents do I need to apply?
You will need basic business information, documentation of your revenue such as bank statements or tax returns, and details about the property you are pledging as collateral. Our intake is designed to be fast. We tell you exactly what we need and why.
Is there an application fee?
No. There is no cost to apply.
Will applying affect my credit score?
No. We run a soft credit pull at application, which has zero impact on your score. A hard pull happens only once, immediately before funding, after you have reviewed and accepted your loan terms.
Loan Terms
Rates and repayment
What loan amounts are available?
We fund from $200,000 to $1,500,000. The amount is based on your property value at up to 65% loan-to-value.
Is there a prepayment penalty?
No. You can pay off your loan early at any time without penalty.
Do I need a personal guarantee?
Yes. Navon loans are full recourse with a personal guarantee. Your real estate serves as the primary collateral, but you should understand you are taking on full personal responsibility for the debt in the event of default.
Are rates fixed or variable?
Fixed. Your rate is set in your term sheet — from 1% per month depending on the deal — and does not change for the full term of the loan.
Underwriting & AI
How we evaluate your property
How does Navon evaluate my property?
We combine three independent data sources: an institutional-grade automated valuation with comparable sales and confidence scoring, a national title and lien search covering ownership, existing liens, and flood-zone classification, and our proprietaryAI model that synthesizes everything into a structured deal file. A human underwriter reviews every file and makes the final credit decision. No appraiser waitlist. No site visit in most cases.
Does AI make the lending decision?
No. OurAI builds the deal file — valuation, title, risk flags — in hours instead of weeks. Every credit decision is made by a human underwriter with lending authority. Technology sets the pace; people make the call.
Do you require a traditional appraisal?
In most cases, no — our data-driven evaluation replaces the traditional appraisal timeline. On complex or higher-value collateral, our underwriters may order additional third-party reports, and we’ll tell you upfront if your deal needs one.
How accurate is the AI valuation?
Our valuation engine combines an institutional-grade AVM, national title and property data, and our own proprietary scoring. Every valuation carries a confidence score, so our underwriters know exactly how reliable the estimate is. Where confidence is lower, we apply additional scrutiny before moving forward.
Security
Your data, protected
Is the application process secure?
Yes. Navon uses bank-level encryption to protect every application, document, and financial detail you submit. Your data is never sold or shared with third parties outside of the underwriting process.
Who can see my financial information?
Your information is only accessible to Navon’s underwriting and lending team for the purpose of evaluating your application. We do not share your data with outside parties except where required to complete your loan, such as title verification.
How is my data stored?
Your data is stored securely using encrypted cloud infrastructure. We retain your information in accordance with applicable financial regulations and our privacy policy.