Bridge Loan
Outside of California - LG72
Outside of California - LG72
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Industrial, Medical Office, Multi Family, Retail, SFR, Warehouse |
| Lendding Area | colorado, new-york, texas, wyoming |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $50,000,000 |
| Interest Rate Minimum | 9% |
| Interest Rate Maximum | 14% |
| Points Minimum 1st TD | 2 |
| Points Maximum 1st TD | 3 |
| Terms | 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 20-30 Business days |
| Prepayment Penalty | 6 months |
| Intended Occupancy | Vacant, Tenant, Owner Occupied Business, Owner Occupied Primary Residence |
| Recourse | Recourse |
| Updated as of | 2022-01-01 |
| Program Code | LG72 |
These descriptions are limited information and meant for general reference purposes.
