Bridge Loan
Short-Term Commercial Bridge Loan - LG299
Short-Term Commercial Bridge Loan - LG299
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | Industrial, Multi Family, Self-Storage, SFR |
| Lendding Area | florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $50,000 |
| Loan amount Maximum | $3,000,000 |
| Terms | 9 months, 1 year, 18 month, 2 year |
| Credit Score Min | 650 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | - Borrower experience required. - 12 to 24 months for multifamily and industrial properties. - 9 to 18 months for self-storage. |
| Updated as of | 2023-10-24 |
| Program Code | LG299 |
- Borrower experience required.
- 12 to 24 months for multifamily and industrial properties.
- 9 to 18 months for self-storage.
