Bridge Loan
Private-Money Residential - LG490
Private-Money Residential - LG490
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $40,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 9.5% |
| Interest Rate Maximum | 12% |
| Points Minimum 1st TD | 2 |
| Points Maximum 1st TD | 4 |
| Terms | 6 month, 1 year, 18 month, 2 year, 3 year |
| Credit Score Min | 600 |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Recourse | Recourse |
| Updated as of | 2022-01-01 |
| Program Code | LG490 |
These descriptions are limited information and meant for general reference purposes.
