Bridge Loan
Bridge Loan - LG324
Bridge Loan - LG324
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $75,000 |
| Loan amount Maximum | $4,000,000 |
| Terms | 6 month, 1 year, 2 year |
| Interest Only or Amortized | Interest Only |
| Entities | Corp - Corporation, LLC - Limited Liability Corporation, LP - Limited Partnership |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | Bridge Loans* Up To 80% LTV $75K – $4M Loan Amounts No Red Tape, No Income, No Reserves No Asset Verification *restrictions apply 1-4 Single-Family Homes, Condos, Townhomes 6-24 Month Terms No Pre-Payment Penalty Purchase Transactions LLCs, LPs and Corporations ONLY |
| Updated as of | 2023-11-13 |
| Program Code | LG324 |
Bridge Loanss*
Up To 80% LTV
$75K – $4M Loans Amounts
No Red Tape, No Income, No Reserves
No Asset Verification *restrictions apply
1-4 Single-Family Homes, Condos, Townhomes
6-24 Month Terms
No Pre-Payment Penalty
Purchase Transactions
LLCs, LPs and Corporations ONLY
