Bridge Loan
Purchase Rehab Bridge Program - LG298
Purchase Rehab Bridge Program - LG298
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Summary of all Guidelines | |
Loan Types | Bridge Loan |
Property Types | 2-4 Units, Condo, Multi Family, SFR |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $125,000 |
Loan amount Maximum | $5,000,000 |
Interest Rate Minimum | 10.25% |
Points Minimum 1st TD | 1.5 |
Points Maximum 1st TD | 2 |
Terms | 1 year, 18 month |
Typical Days Required to Fund | 11-15 Business days |
Credit Score Min | 660 |
Interest Only or Amortized | Interest Only |
Fees | Appraisal |
Lien Position | 1st |
General Pricing or Guideline info | - Time to Close: 2 to 3 Weeks. - Acceptable Markets: Nationwide Urban and Suburban. - Minimum Experience: We Lend to First-timers. - Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs. |
Updated as of | 2023-10-23 |
Program Code | LG298 |
- Time to Close: 2 to 3 Weeks.
- Acceptable Markets: Nationwide Urban and Suburban.
- Minimum Experience: We Lend to First-timers.
- Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs.
![](https://lendding.com/wp-content/uploads/2023/05/lendding-loan-info.png)