Bridge Loan
Acquisition - LG390
Acquisition - LG390
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, SFR |
| 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 Acquisition loans designed with maximum flexibility for real estate investors. - Loan term(s) up to 12 months - LTV must not exceed 70% - No pre-payment penalties - No minimum credit score |
| Updated as of | 2023-02-04 |
| Program Code | LG390 |
Highlights:
- No prepayment penalties
- Same day terms
- Close within 7 days
Acquisition loans designed with maximum flexibility for real estate investors.
- Loans term(s) up to 12 months
- LTV must not exceed 70%
- No pre-payment penalties
- No minimum credit score
These descriptions are limited information and meant for general reference purposes.