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Grand Pacific Financial Corp

Bridge Loan
Asset-Based Loan - LG292

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, Warehouse
Lendding Area california
Loan amount Minimum $1,000,000
Loan amount Maximum $5,000,000
Interest Rate Minimum 3%
Terms 6 month, 9 months, 1 year
Interest Only or Amortized Interest Only
Lien Position 1st
General Pricing or Guideline info - Ideal for financing cash out on equity or quick-closing scenarios. - Loan Purpose: Purchase, Refinance, and Cash Out. - Up to 70% LTV on residential properties and up to 65% LTV on commercial properties. - Focuses on the strength of the subject property for quicker closing times. - Possible closing in as quickly as 5-10 business days in some cases. - Suitable for financing non-performing properties. - Options available for DSCR (Debt Service Coverage Ratio) under 1.0X. - Interest Rate: Minimum 2.99% over WSJ Prime (Limited Time Offer). - Lender Loan Fee: Varies.
Updated as of 2023-10-17

- Ideal for financing cash out on equity or quick-closing scenarios.
- Loans Purpose: Purchase, Refinance, and Cash Out.
- Up to 70% LTV on residential properties and up to 65% LTV on commercial properties.
- Focuses on the strength of the subject property for quicker closing times.
- Possible closing in as quickly as 5-10 business days in some cases.
- Suitable for financing non-performing properties.
- Options available for DSCR (Debt Service Coverage Ratio) under 1.0X.
- Interest Rate: Minimum 2.99% over WSJ Prime (Limited Time Offer).
- Lender Loans Fee: Varies.

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