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Rehablend

Bridge Loan
Purchase Rehab Bridge Program - LG298

Rehablend

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Condo, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $125,000
Loan amount Maximum $5,000,000
Interest Rate Minimum 10.25%
Points Minimum 1st TD 1.5
Points Maximum 1st TD 2
Terms 1 year, 18 month
Typical Days Required to Fund 11-15 Business days
Credit Score Min 620
Interest Only or Amortized Interest Only
Fees Appraisal
Lien Position 1st
General Pricing or Guideline info - Time to Close: 2 to 3 Weeks. - Acceptable Markets: Nationwide Urban and Suburban. - Minimum Experience: We Lend to First-timers. - Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs.
Updated as of 2023-10-23

- Time to Close: 2 to 3 Weeks.
- Acceptable Markets: Nationwide Urban and Suburban.
- Minimum Experience: We Lend to First-timers.
- Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs.

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