Bridge Loan
Existing Property - LG389
Existing Property - LG389
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Industrial, Office, Retail, SFR, Warehouse |
| Lendding Area | maryland, virginia |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $1,500,000 |
| Terms | 1 year |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| General Pricing or Guideline info | Highlights: - No prepayment penalties - Same day terms - Close within 7 days Need access to short term capital to preform work on your property until long term financing can be secured? Our Bridge Loans are a great solution to fill the gap. - Loan term(s) up to 12 months - No prepayment penalties - Use equity in primary residence as collateral - Available for commercial and residential |
| Updated as of | 2023-02-04 |
| Program Code | LG389 |
Highlights:
- No prepayment penalties
- Same day terms
- Close within 7 days
Need access to short term capital to preform work on your property until long term financing can be secured? Our Bridge Loanss are a great solution to fill the gap.
- Loans term(s) up to 12 months
- No prepayment penalties
- Use equity in primary residence as collateral
- Available for commercial and residential
These descriptions are limited information and meant for general reference purposes.