Bridge Loans
To provide bridge financing on a property that was recently renovated or constructed and is currently/soon to be listed for sale
Bridge Loan Example Terms
MAX LTC
85% of purchase price + verified completed capex if property owned <6 months
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MAX LTV
700 FICO:
70% if property owned >6 months
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660-699 FICO:
65% if property owned >6 months
MIN FICO
660
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PURPOSE
To provide bridge financing on a property that was recently renovated or constructed and is currently/soon to be listed for sale
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LOAN AMOUNT
Min: $75,000 - Max: $1,500,000 / larger loans allowed at investor discretion
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TERM LENGTH
12 Months, up to 18 at lender discretion
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PROPERTY TYPES
Single Family/2-4 Unit/Townhomes/PUD/ Warrantable Condos
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PROPERTY CONDITION
C2 or better
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COLLATERAL RESTRICTIONS
Property value within 90th percentile of market
No rural, exotic, or unique properties
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Terms and conditions expressed in this website can be changed without prior notice and are examples of what may be possible, we make no promise or guarantee that the borrower will receive these terms and conditions. Each loan stands on it's own merits or lack there of.
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