Bridge Loan
Short-Term Commercial Bridge Loan
Program #LG299
Short-Term Commercial Bridge Loan
Program #LG299
![Carolina Capital Management, LLC](https://lendding.com/wp-content/uploads/2024/09/2087398000006578009_accounts_photo-150x95.png)
Summary of all Guidelines | |
Loan Types | Bridge Loan |
Property Types | Industrial, Multi Family, Self-Storage, SFR |
Lendding Area | alabama, florida, georgia, north-carolina, south-carolina, tennessee, texas, virginia |
Loan amount Minimum | $50,000 |
Loan amount Maximum | $3,000,000 |
Terms | 9 months, 1 year, 18 month, 2 year |
Credit Score Min | 650 |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
Prepayment Penalty | No Prepayment Penalty |
General Pricing or Guideline info | - Borrower experience required. - 12 to 24 months for multifamily and industrial properties. - 9 to 18 months for self-storage. |
Updated as of | 2023-10-24 |
- Borrower experience required.
- 12 to 24 months for multifamily and industrial properties.
- 9 to 18 months for self-storage.
- Jonathan Davis
President, CEO
- Bill Fairman
Fund Manager