Summary of all Guidelines | |
Loan Types | Bridge Loan, Hard Money Loan |
Property Types | SFR |
Lendding Area | arizona, california, florida, nevada, new-mexico, texas, utah |
Loan amount Minimum | $50,000 |
Loan amount Maximum | $1,500,000 |
Interest Rate Minimum | 7% |
Interest Rate Maximum | 12% |
Points Maximum 1st TD | 1 |
Terms | 30 years |
Credit Score Min | 550 |
Interest Only or Amortized | Interest Only, Amoritzed |
Prepayment Penalty | 1 year |
LTV Bridge | 80 |
LTC Construction | 80 |
Intended Occupancy | Non-Owner, Owner |
Fixed or Adjustable | Fixed, Adjustable |
First Trinity Financial Corporation is located in Tusla, OK. They offer financing for Bridge Loans and Hard Money Loans. The property type they primarily lend against is SFR. Their minimum loan amount is $50,000. Their maximum loan amount is $1,500,000. They offer loans for a minimum Term of 2 years. Maximum duration of 30 years. Although rates can change they are typically lending at a minimum rate of 7%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 0. Maximum points charged are 1.
These descriptions are limited information and meant for general reference purposes.
7633 East 63rd Place, Suite 230
Tusla,
OK
74133-1246