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Atlas Hospitality Group

Bridge Loan
Bridge Loan - LG345

Atlas Hospitality Group

Summary of all Guidelines

Loan Types Bridge Loan
Property Types Gas Station, Hotel, Mixed use, Motel, Multi Family, Special-Use
Lendding Area arizona, california, colorado, idaho, montana, nevada, new-mexico, oregon, utah, washington, wyoming
Loan amount Minimum $500,000
Loan amount Maximum $20,000,000
Interest Rate Minimum 10%
Interest Rate Maximum 12%
Points Minimum 1st TD 3
Terms 1 year, 2 year
Typical Days Required to Fund 20-30 Business days
Interest Only or Amortized Interest Only
Lien Position 1st
Max Points Charge by Broker 3
Prepayment Penalty 1 year
Documents needed Operating Statement - Year-to-Date, Rent Roll, Tax Returns - Business - 2 years
Recourse Recourse
Updated as of 2024-03-20
These descriptions are limited information and meant for general reference purposes.