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Grand Pacific Financial Corp

Bridge Loan
Extended Bridge Loan - LG289

Grand Pacific Financial Corp

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Industrial, Mixed use, Multi Family, Office, Retail, SFR, Special-Use, Warehouse
Lendding Area california
Loan amount Minimum $1,000,000
Loan amount Maximum $8,000,000
Interest Rate Minimum 3%
Terms 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year
Lien Position 1st
General Pricing or Guideline info - Interest Rate: Minimum 2.75% over WSJ Prime (Limited Time Offer). - Maximum LTV: Income Property – 75% House/Condo/Apartment – 80% Special Purpose (refinance) – 70% Special Purpose (purchase) – 75% - Repayment: P+I based on a 25-year amortization schedule. - Lender Loan Fee: Varies. - DSCR: Minimum 1.0x may consider exception.
Updated as of 2023-10-17

- Interest Rate: Minimum 2.75% over WSJ Prime (Limited Time Offer).
- Maximum LTV:
Income Property – 75%
House/Condo/Apartment – 80%
Special Purpose (refinance) – 70%
Special Purpose (purchase) – 75%
- Repayment: P+I based on a 25-year amortization schedule.
- Lender Loans Fee: Varies.
- DSCR: Minimum 1.0x may consider exception.

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