Skip to content

TEST LENDER – ABC MORTGAGE

Bridge Loan

Property Types SFR
Lendding Area Alabama
Loan amount Minimum $100
Loan amount Maximum $10,000
Lien Position 1st

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Agriculture, Automotive, Bar, Cannabis Related, Car Wash, Funeral Home
Lendding Area California
Loan amount Minimum $5
Loan amount Maximum $1,000,000
Interest Rate Minimum 7%
Interest Rate Maximum 8%
Points Minimum 1st TD 5.5
Points Maximum 1st TD 5.75

They offer financing for Bridge Loans. The property type they primarily lend against is 2-4 Units, Agriculture, Automotive, Bar, Cannabis Related, Car Wash and Funeral Home. Their minimum loan amount is $5. Their maximum loan amount is $1,000,000. Although rates can change they are typically lending at a minimum rate of 7%. Maximum interest rate of 8%. Points charged are deal specific, but historically have charged a minimum of 5.5. Maximum points charged are 5.75.

These descriptions are limited information and meant for general reference purposes.