Bridge Loan
Short Term loan for Short Term Rentals (AirBNB) - LG185
Short Term loan for Short Term Rentals (AirBNB) - LG185
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Condo, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $10,000,000 |
| Terms | 6 month, 1 year, 2 year |
| Lien Position | 1st |
| General Pricing or Guideline info | Benefits of Working With Us [] Customer Focused [] Minimal Documentation Competitive Pricing [] No Pre-Payment Penalty Available [] In House Servicing [] Fixed/Interest Only Payments [] Short Term Rental Friendly (Airbnb & VRBO) Rental Property Program Criteria 1. Score and background check 2. A 650+ minimum FICO score 3. $250,000K – $10MM Loan Amount 4. 2 months of recent bank statements 5. 12 - 24 Month Loan Term *Property Types We Fund- All properties must be non-owner occupied. |
| Updated as of | 2023-09-26 |
| Program Code | LG185 |
Benefits of Working With Us
[] Customer Focused
[] Minimal Documentation
Competitive Pricing
[] No Pre-Payment Penalty Available
[] In House Servicing
[] Fixed/Interest Only Payments
[] Short Term Rental Friendly (Airbnb & VRBO)
Rental Property Program Criteria
1. Score and background check
2. A 650+ minimum FICO score
3. $250,000K – $10MM Loans Amount
4. 2 months of recent bank statements
5. 12 - 24 Month Loans Term
*Property Types We Fund- All properties must be non-owner occupied.
These descriptions are limited information and meant for general reference purposes.