Bridge Loan
Lending Parameters
Program #LG316
Lending Parameters
Program #LG316
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Agriculture, Automotive, Bar, Cannabis Related, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, 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 |
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%
- Jamie Rubin
- Evan Bell
