Bridge Loan
UC GO - LG323
UC GO - LG323
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Hotel, Medical Office, Mixed use, Motel, Multi Family, Retail, Senior Care - Commercial Property, SFR, Shopping Center, Strip Center, Student Housing |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $5,000,000 |
| Loan amount Maximum | $35,000,000 |
| Terms | 1 year, 2 year, 3 year |
| Lien Position | 1st |
| Recourse | Non Recourse |
| General Pricing or Guideline info | Transitional Loan Types with in-place cash flows Non-cash flowing, but near completion projects that need a little bit more runway Deal Size: $5mm to $35mm DSCR: minimum of .5X Terms: 12 to 36 months Rates: Starting at SOFR + 250 UC GO is a non-recourse commercial mortgage bridge loan and is national in scope. It is now available at high leverage. The variable rate non-recourse product, with competitive rates, is available for loans as little as $5 million. Non-Recourse Cash out available |
| Updated as of | 2023-11-13 |
| Program Code | LG323 |
Transitional Loans Types with in-place cash flows
Non-cash flowing, but near completion projects that need a little bit more runway
Deal Size: $5mm to $35mm
DSCR: minimum of .5X
Terms: 12 to 36 months
Rates: Starting at SOFR + 250
UC GO is a non-recourse commercial mortgage bridge loan and is national in scope. It is now available at high leverage. The variable rate non-recourse product, with competitive rates, is available for loans as little as $5 million.
Non-Recourse
Cash out available
These descriptions are limited information and meant for general reference purposes.