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Val-Chris Investments

Bridge Loan
California Lending Guidelines - LG315

Val-Chris Investments

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Condo, SFR
Lendding Area california
Loan amount Minimum $50,000
Loan amount Maximum $4,000,000
Interest Rate Minimum 8.5%
Points Minimum 1st TD 2
Points Maximum 1st TD 3
Terms 1 year, 2 year, 3 year, 4 year, 5 year
Typical Days Required to Fund 6-10 Business days
Interest Only or Amortized Interest Only
Lien Position 1st, 2nd, 3rd
Prepayment Penalty 6 months
Intended Occupancy Tenant, Owner Occupied Primary Residence
Fixed or Adjustable Fixed
General Pricing or Guideline info CALIFORNIA LENDING GUIDELINES Same Day Quotes, Quick Funding (generally 10 business days). Loan Types: Business/Investment Purpose Loans/Loans to LLCs and Corporations Occupancy: OO and NOO Lien Position: First, Second and even Thirds Property Types: Residential (1-4 Units) and some Commercial. LTV: Residential – MAX 65% purchase, MAX 60% refi (LTV 65% may be considered with pride of ownership properties and higher credit score borrowers.) FICO: All FICO Scores work, or No FICO score considered Loan Size: $50,000-$4,000,000 Borrower Types: natural persons, Trusts, LLCs, Corps We offer Foreign National Loans Interest Rates: start at 8.50%. Loans are Interest Only Origination Fees to Val-Chris: Typically 2-3%. All loans are Stated Income/Assets. No tax returns, Bank Statements, VOEs, VODs. Loan Term: 1-5 years. Prepayment Protection Period: Generally 6 months (can be negotiated). Appraisals Required (BPOs may be accepted for very low LTV loans on a case by case basis).
Updated as of 2023-11-10

CALIFORNIA LENDING GUIDELINES
Same Day Quotes, Quick Funding (generally 10 business days).
Loans Types: Business/Investment Purpose Loanss/Loanss to LLCs and Corporations
Occupancy: OO and NOO
Lien Position: First, Second and even Thirds
Property Types: Residential (1-4 Units) and some Commercial.
LTV: Residential – MAX 65% purchase, MAX 60% refi (LTV 65% may be considered with
pride of ownership properties and higher credit score borrowers.)
FICO: All FICO Scores work, or No FICO score considered
Loans Size: $50,000-$4,000,000
Borrower Types: natural persons, Trusts, LLCs, Corps
We offer Foreign National Loanss
Interest Rates: start at 8.50%. Loanss are Interest Only
Origination Fees to Val-Chris: Typically 2-3%.
All loans are Stated Income/Assets. No tax returns, Bank Statements, VOEs, VODs.
Loans Term: 1-5 years.
Prepayment Protection Period: Generally 6 months (can be negotiated).
Appraisals Required (BPOs may be accepted for very low LTV loans on a case by case
basis).

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