Bridge Loan
Commercial Bridge Loan - LG330
Commercial Bridge Loan - LG330
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | Industrial, Mixed use, Multi Family, Office, Retail, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $35,000,000 |
| Terms | 18 month |
| Credit Score Min | 680 |
| Interest Only or Amortized | Interest Only |
| Entities | LLC - Limited Liability Corporation |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Recourse | Recourse |
| General Pricing or Guideline info | All the details Loan Amount $500,000+ LTC Up to 75% Construction Value added Geography Nationwide Loan Term 18 Months FICO 680+ Purpose of Loan Purchase, Refinance, Renovation, Bridge, Cashout Collateral Multi-Family, Mixed-Use, Retail, Office, Light Industrial / Warehouse Borrower Single Purpose Entity Recourse Full PG Amortization Interest Only / No Prepay Restrictions Manufactured, Hospitality, Healthcare, Special Purpose |
| Updated as of | 2023-11-14 |
| Program Code | LG330 |
All the details
Loans Amount
$500,000+
LTC
Up to 75%
Construction
Value added
Geography
Nationwide
Loans Term
18 Months
FICO
680+
Purpose of Loans
Purchase, Refinance, Renovation, Bridge, Cashout
Collateral
Multi-Family, Mixed-Use, Retail, Office, Light Industrial / Warehouse
Borrower
Single Purpose Entity
Recourse
Full PG
Amortization
Interest Only / No Prepay
Restrictions
Manufactured, Hospitality, Healthcare, Special Purpose
