Bridge Loan

The 1-4 Investor Bridge Loan offers up to an 85% LTC on purchase money, creating the leverage needed by todays investor. Refinance up to a 75% LTV to quickly exit an up-coming balloon payment or cash-out to rehab your property. Option for a cross-collateral loan on multiple properties to increase your loan amount. The bridge loan provides capital needed by investors with speed and certainty for opportunistic acquisitions, including foreclosure and distressed property purchases. Qualifying is easy with a review of the investor's overall credit profile, experience and liquidity.

 

Key Points

Same Day LOI

No Upfront Fees

600 Minimum FICO Score

Vacant Property - ok

2-3 Week Quick Close

 

 

Terms

$100,000 - $2 million+

LTV: up to 85%*

Interest: from 7.90%**

Rate: Fixed

Term: 12-36 months

Amort: Interest Only

DSCR: N/A

No Prepayment Penalty

 

 

Purpose

Purchase

Refinance

Cash-out

 

 

Collateral

Condominium

Single Family Residence

Townhouse

Duplex

Triplex

Quadruplex

5+ Units

 

 

*Up to 85% of the purchase price and up to 75% LTV on refinance with or without cash-out.

**Rate dependent upon: loan purpose, property location, credit profile, experience and liquidity