Skip to content
Search
Close this search box.
(800)865-9011

LG333

Loan Types Bridge Loan
Property Types 2-4 Units, Condo, SFR
Lendding Area NATIONWIDE

Lien: First Lien Mortgage
Loans type: Business Purpose
Interest reserves: Required for certain loans as set forth in Borrower Liquidity section below
Full Recourse
Minimum Loans size: Single Family/Condo: $50,000 funded loan amount at loan acquisition 2-4 Family: $75,000 funded loan amount at loan acquisition
Maximum Loans Size: $2.0 million ($7.5 million in cases approved by Loans Lender).
Amortization: Interest Only
Prepayment: Up to 6 months of prepayment penalties are permitted
Eligible property types include the following:
•1-4 Family Underwriting Matrix
•Single-family residences
•2-4 family residences
•Condominiums
•Townhomes

These descriptions are limited information and meant for general reference purposes.