Bridge Loans
Residential, multifamily, mixed-use, condos, and townhomes
Two types of bridge loans:
- 1 to 9 units per property; $250,000 to $8 million per property
- $25 million+(no maximum # dollars or units)
Nationwide
Competitive Terms
No upfront fees
No income tax returns
No personal income verification
Borrow $250,000 to $8 million per property
Rate locks
Interest only
No prepayment penalties
Term: 12 to 36 months
Finance purchase or refinance to 80% LTV
Cash-out to 75% of appraised value
Credit 650+
First lien – no subordinated debt