Long Term Commercial Loan | |
Property Types | 2-4 Units, Agriculture, Automotive, Bar, Cannabis Related, Car Wash, Church, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Facility, 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 - Low Income, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $1,500,000 |
Interest Rate Minimum | 10% |
Interest Rate Maximum | 13% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 4 |
Terms | 15 year, 30 year |
Credit Score Min | 600 |
Prepayment Penalty | No Prepayment Penalty |
Updated as of | 2022-01-01 |
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 |
Bridge Loan | |
Property Types | 2-4 Units, Agriculture, Automotive, Bar, Cannabis Related, Car Wash, Church, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Facility, 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 - Low Income, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $500,000 |
Loan amount Maximum | $1,500,000 |
Interest Rate Minimum | 10% |
Interest Rate Maximum | 13% |
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 |
Long Term Rental Loan | |
Property Types | 2-4 Units, SFR |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $70,000 |
Loan amount Maximum | $1,000,000 |
Interest Rate Minimum | 9% |
Interest Rate Maximum | 13% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 4 |
Terms | 15 year, 5 year |
Typical Days Required to Fund | 31-40 Business days |
Credit Score Min | 580 |
Interest Only or Amortized | Amortized and Interest Only Options available |
Extensions Available | Not Offered |
Cross Collateralize Blanket | Yes |
Lien Position | 1st |
Max Points Charge by Broker | No max |
Prepayment Penalty | No Prepayment Penalty |
Intended Occupancy | Tenant |
Fixed or Adjustable | Fixed |
Recourse | Recourse |
Updated as of | 2024-03-14 |
Summary of all Guidelines | |
Property Types | SFR |
Prepayment Penalty | To be determined |
BlackBurne & Sons is located in Sacramento, CA. The property type they primarily lend against is SFR. Their minimum loan amount is $0.
These descriptions are limited information and meant for general reference purposes.
555 University Avenue, Suite 150
Sacramento,
CA
95825