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ReProp Financial

Bridge Loan
Commercial Loan - LG372

ReProp Financial

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Mixed use, Multi Family, Office, Retail, SFR
Lendding Area california
Loan amount Minimum $100,000
Loan amount Maximum $2,500,000
Interest Rate Minimum 9%
Interest Rate Maximum 10%
Terms 1 year, 2 year
Interest Only or Amortized Interest Only
Lien Position 1st
Prepayment Penalty No Prepayment Penalty
Intended Occupancy Tenant, Owner Occupied Business
General Pricing or Guideline info Commercial Real Estate Loans •Loans up to $2.5 MM •$100,000 minimum loan •First liens only LTV And Valuation •Up to 50% LTV •Appraisals required on loans greater than •$250,000 (appraisal can come after close of escrow for fast closing) At these rates, we will be conservative on valuations. We will consider slightly higher LTVs at slightly higher rates. Rates Your Best Properties for Our Best Rates These are 2-year step loans. •Year 1 – 8.99% •Year 2 – 9.99% •LTV 50% Property Types Class “A” properties in select California Coastal markets, Commercial and NOO residential properties: •Non-Owner Occupied Residential •Retail •Office •Mixed-Use •Multi-Family We will make some exceptions, especially if the property is owner occupied commercial.
Updated as of 2023-11-27

Commercial Real Estate Loanss
•Loanss up to $2.5 MM
•$100,000 minimum loan
•First liens only

LTV And Valuation
•Up to 50% LTV
•Appraisals required on loans greater than •$250,000 (appraisal can come after close of escrow for fast closing)
At these rates, we will be conservative on valuations. We will consider slightly higher LTVs at slightly higher rates.

Rates
Your Best Properties for Our Best Rates These are 2-year step loans.
•Year 1 – 8.99%
•Year 2 – 9.99%
•LTV 50%

Property Types
Class “A” properties in select California Coastal markets, Commercial and NOO residential properties:
•Non-Owner Occupied Residential
•Retail
•Office
•Mixed-Use
•Multi-Family
We will make some exceptions, especially if the property is owner occupied commercial.

These descriptions are limited information and meant for general reference purposes.