Bridge Loan
- LG405
- LG405
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Office, Memory Care, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $200,000 |
| Loan amount Maximum | $50,000,000 |
| Terms | 1 year, 18 month, 2 year, 3 year, 4 year, 5 year, 7 year, 10 year |
| Interest Only or Amortized | Amortized and Interest Only Options available |
| Entities | Corp - Corporation, LLC - Limited Liability Corporation, Partnership, LP - Limited Partnership, Individual, Trust, Foreign Nationals |
| Cross Collateralize Blanket | Yes |
| Lien Position | 1st, 2nd |
| Intended Occupancy | Vacant, Tenant, Non-owner occupied, Owner Occupied Business |
| Recourse | Recourse and Non Recourse available |
| Updated as of | 2024-01-17 |
| Program Code | LG405 |
These descriptions are limited information and meant for general reference purposes.
