Bridge Loan
New Construction Single Family
Program #LG248
New Construction Single Family
Program #LG248
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | Multi Family |
| Lendding Area | alabama, florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
| Loan amount Minimum | $250,000 |
| Loan amount Maximum | $3,000,000 |
| Interest Rate Minimum | 7% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 3.5 |
| Terms | 1 year, 18 month, 2 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Updated as of | 2023-09-11 |
These descriptions are limited information and meant for general reference purposes.
- Jonathan Davis
President, CEO
- Bill Fairman
Fund Manager
