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Stronghill Capital

Bridge Loan
Hard Money - LG249

Stronghill Capital

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Assisted Living, Automotive, Bar, Condo, Daycare, Industrial, Land Entitled, Land Non-Entitled, Medical Office, Mixed use, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Strip Center, Warehouse
Lendding Area alabama, arizona, california, colorado, georgia, massachusetts, north-carolina, texas, utah
Loan amount Minimum $200,000
Loan amount Maximum $5,000,000
Terms 1 year, 18 month
Typical Days Required to Fund 20-30 Business days
Credit Score Min 580
Lien Position 1st
Max Points Charge by Broker 3
Prepayment Penalty 1 year
Documents needed Tax Returns - Business - 2 years
Intended Occupancy Tenant, Vacant, Owner Occupied Business Purpose
Fixed or Adjustable Fixed
Recourse Recourse
General Pricing or Guideline info For the loan amount, we can go down to $300,000, but we'd require a 1.20x DSCR on a full commercial underwrite.
Updated as of 2024-02-13

For the loan amount, we can go down to $300,000, but we'd require a 1.20x DSCR on a full commercial underwrite.

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