Bridge Loan
Bridge Loan - LG339
Bridge Loan - LG339
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Cannabis Related, Condo, Industrial, Land Entitled, Medical Office, Multi Family, Office, Retail, SFR, Shopping Center, Strip Center |
| Lendding Area | california |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $5,000,000 |
| Interest Rate Minimum | 7% |
| Points Minimum 1st TD | 1 |
| Terms | 1 year, 2 year |
| Lien Position | 1st, 2nd |
| General Pricing or Guideline info | Location: Major Metropolitan Areas in California Loan Amounts: $500,000 – $5,000,000 Financing Types: First and Second Trust Deeds Property Types: Residential (Non-Owner-Occupied or Business Purpose) and Commercial Properties. Loan to Value: Up to 70% Interest Rates Starting at 6.99% Origination Fee: Starting at 1% Term: 1-2 Years Our goal is to provide quick, transparent and stress-free closings to help our borrowers execute their business plans without the headaches and months-long waiting period associated with conventional loans. |
| Updated as of | 2023-11-16 |
| Program Code | LG339 |
Location:
Major Metropolitan Areas in California
Loans Amounts:
$500,000 – $5,000,000
Financing Types:
First and Second Trust Deeds
Property Types:
Residential (Non-Owner-Occupied or Business Purpose) and Commercial Properties.
Loans to Value:
Up to 70%
Interest Rates
Starting at 6.99%
Origination Fee:
Starting at 1%
Term:
1-2 Years
Our goal is to provide quick, transparent and stress-free closings to help our borrowers execute their business plans without the headaches and months-long waiting period associated with conventional loans.
These descriptions are limited information and meant for general reference purposes.