Bridge Loan
Lending Parameters - LG316
Lending Parameters - LG316
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Office, Memory Care, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
| Lendding Area | california |
| Loan amount Minimum | $2,000,000 |
| Loan amount Maximum | $100,000,000 |
| Interest Rate Minimum | 8% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 2 |
| Terms | 6 month, 1 year, 2 year, 3 year |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Fixed or Adjustable | Fixed |
| General Pricing or Guideline info | Loan Size: $2,000,000 - $100,000,000+ Purpose: Acquisition, Refinance, Repositioning, Construction, Renovation and Quick Closings Location: Nationwide Collateral Type: All major assets types considered Security: 1st Lien and Mezzanine Loan to Value: 75% Maximum Interest Rate: Starting at 8.00% Term: 6 Months - 3 Years Amortization: Interest Only Fees: 1.0% - 2.0% |
| Updated as of | 2023-11-10 |
| Program Code | LG316 |
Loans Size: $2,000,000 - $100,000,000+
Purpose: Acquisition, Refinance, Repositioning, Construction, Renovation and Quick Closings
Location: Nationwide
Collateral Type: All major assets types considered
Security: 1st Lien and Mezzanine
Loans to Value: 75% Maximum
Interest Rate: Starting at 8.00%
Term: 6 Months - 3 Years
Amortization: Interest Only
Fees: 1.0% - 2.0%
