Bridge Loan
Multifamily Bridge Loan - LG356
Multifamily Bridge Loan - LG356
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | Mixed use, Multi Family |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $250,000 |
| Loan amount Maximum | $25,000,000 |
| Interest Rate Minimum | 9.5% |
| Points Minimum 1st TD | 1.5 |
| Points Maximum 1st TD | 2.75 |
| Typical Days Required to Fund | 20-30 Business days |
| Interest Only or Amortized | Interest Only |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Intended Occupancy | Tenant, Vacant, Owner Occupied Business |
| General Pricing or Guideline info | Program Overview •Loan Amount: $250,000 - $25 Million (larger loans case by case) •Term Length: 6 - 24 months •Max LTC: 90% (Max LTC) 80% (Purchase) 75% (Refinance) 70% (Cash out) •Amortization: Interest only •Interest Rate: Starting at 9.49% •Credit Requirement: No Min FICO •Closing Time: 10 - 21 Days •Loan Use: Purchase, refinance, cash-out, construction, renovation Multifamily Bridge Loan Program A "Multifamily-Bridge loan" loan is a short-term loan used to purchase or refinance a 5+ unit apartment complex. We provide the financing solution so that you can enjoy the residual income, cash flow, and future appreciation that comes with owning an apartment complex. Our multifamily bridge loan program puts you back in the driver's seat so that you can focus on what matters… expanding your commercial real estate portfolio. A Multifamily-Bridge loan is a great fit in the following situations: When the property needs renovations. When you are in a time crunch to close quickly. When the property is not stabilized, leased up, or generating any income. At Capital Funding Financial, our Multifamily loans close very quickly... even in as little as 10-21 days starting at 9.49%! Our Multifaimily loans require no personal income verification and very little documentation. |
| Updated as of | 2023-11-21 |
| Program Code | LG356 |
Program Overview
•Loans Amount: $250,000 - $25 Million (larger loans case by case)
•Term Length: 6 - 24 months
•Max LTC: 90% (Max LTC) 80% (Purchase) 75% (Refinance) 70% (Cash out)
•Amortization: Interest only
•Interest Rate: Starting at 9.49%
•Credit Requirement: No Min FICO
•Closing Time: 10 - 21 Days
•Loans Use: Purchase, refinance, cash-out,
construction, renovation
Multifamily Bridge Loans Program
A "Multifamily-Bridge loan" loan is a short-term loan used to purchase or refinance a 5+ unit apartment complex. We provide the financing solution so that you can enjoy the residual income, cash flow, and future appreciation that comes with owning an apartment complex. Our multifamily bridge loan program puts you back in the driver's seat so that you can focus on what matters… expanding your commercial real estate portfolio. A Multifamily-Bridge loan is a great fit in the following situations:
When the property needs renovations.
When you are in a time crunch to close quickly.
When the property is not stabilized, leased up, or generating any income.
At Capital Funding Financial, our Multifamily loans close very quickly... even in as little as 10-21 days starting at 9.49%! Our Multifaimily loans require no personal income verification and very little documentation.
