Residential Bridge Loan
Fast Short-Term Loan
Acquisition, Refinance, Cash-Out Refinance
features
-
Up to 80%-LTC for Purchase, Up to 75% to 80%-LTV for REFI & Cash-out (based on Experience & FICO)
-
2-minute Application | Super-Fast Closing (10-15 days)
-
Minimum Loan: $75k
-
Type: Interest-Only
-
Possibility of building a 6-month reserve and have all points rolled into your loan in order to skip both monthly payments & other out-of-pocket expenses such as closing costs
-
Non-Owner Occupied Properties only
teRMS
-
Rates from 8.5%
-
12 - 24 months
► For a Refinance Exit: ​
-
We will switch your Loan its MINI-ME Version which is long-term & starting at 6.2% | No-Doc Loan
-
For properties over $3MM, lower rates possible by using our Institutional Capital sourced from Pension Funds & Insurance Companies | Full-Doc Loan
-
Up to 30-year Fixed Rate | Pre-Payment Penalty applies for the first 3 years
​
â–º Final rate is calculated based on FICO, Experience, & Loan-to-Value:
â–º More Experience, Higher FICO, Lower LTV = Lower Rates
guidelines
-
Minimum FICO 620+, Low-Doc, No Income Verification
-
Experience is preferable (for best terms), but not indispensable
-
Origination: 1.5%-2% | Brokerage: 1.5%-2%​
-
Eligible Borrowers: Corporations, General Partnerships, Limited Partnerships, Limited Liability Companies (LLCs), Revocable Trusts, Land Trusts
-
​Eligible Properties: Single-Family Residences, 2 to 4 Unit Residential buildings​, Condos, Townhouses