Bridge Loan
Equity Based
Program #LG268
Equity Based
Program #LG268
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Manufactured Home, Medical Office, Memory Care, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $3,000,000 |
| Interest Rate Minimum | 14% |
| Points Minimum 1st TD | 6 |
| Terms | 6 month, 9 months, 1 year |
| Typical Days Required to Fund | 11-15 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Updated as of | 2024-02-20 |
These descriptions are limited information and meant for general reference purposes.
- Jeff Luker
CHIEF OPERATIONS OFFICER
