Summary of all Guidelines | |
Loan Types | Bridge Loan, Commercial Loan, DSCR Loan, Hard Money Loan |
Property Types | Mixed use, Multi Family |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $1,000,000 |
Loan amount Maximum | $100,000,000 |
Interest Rate Minimum | 6% |
Interest Rate Maximum | 5% |
Terms | 30 years |
Prepayment Penalty | Other |
LTV Bridge | 80 |
LTC Construction | 85 |
Upfront Fees | Appraisal, Processing |
Personal Guarantee /Recourse Required | Non-Recourse |
Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management and mortgage products and services. Regions serves customers across the South, Midwest and Texas.
They offer financing for Bridge Loans, Hard Money Loans, Commercial Loans and DSCR Loans. The property type they primarily lend against is Multi Family and Mixed use. Their minimum loan amount is $1,000,000. Their maximum loan amount is $100,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 30 years. Although rates can change they are typically lending at a minimum rate of 6%. Maximum interest rate of 5%. Points charged are deal specific, but historically have charged a minimum of 0. Maximum points charged are 0.
These descriptions are limited information and meant for general reference purposes.