Bridge Loan
Stabilized Bridge Loan - LG280
Stabilized Bridge Loan - LG280
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $10,000,000 |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 5 Business days or less |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Reserve Requirement | None |
| General Pricing or Guideline info | - LTRV: N/A - Min. Experience: None - Purpose: Purchases, Refinance, Cash-out, Refinance - Timing to close: 3-20 Days - Personal Guarantee: Full - Property Types includes Townhomes. |
| Updated as of | 2024-07-12 |
| Program Code | LG280 |
- LTRV: N/A
- Min. Experience: None
- Purpose: Purchases, Refinance, Cash-out, Refinance
- Timing to close: 3-20 Days
- Personal Guarantee: Full
- Property Types includes Townhomes.
