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EBSC Lending

Bridge Loan
Multifamily Bridge Loan - LG392

EBSC Lending

Summary of all Guidelines

Loan Types Bridge Loan
Property Types Condo, Multi Family
Lendding Area NATIONWIDE
Loan amount Minimum $10,000,000
Loan amount Maximum $100,000,000
Interest Rate Minimum 9.5%
Points Minimum 1st TD 1
Points Maximum 1st TD 5
Terms 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year
Typical Days Required to Fund 11-15 Business days
Interest Only or Amortized Interest Only
Lien Position 1st
Prepayment Penalty No Prepayment Penalty
General Pricing or Guideline info - Interest Rate: Starting at 9.49% - Credit Requirement: No Min FICO - Closing Time: 10 - 15 Days - Loan Use: Purchase, refinance, cash-out, construction, renovation - Processing Fee: Based on Project Size - Underwriting Fee: Based on Project Size - Prepayment Penalties: None! (3+ months of minimum interest earned)
Updated as of 2024-01-08

- Interest Rate: Starting at 9.49%
- Credit Requirement: No Min FICO
- Closing Time: 10 - 15 Days
- Loans Use: Purchase, refinance, cash-out, construction, renovation
- Processing Fee: Based on Project Size
- Underwriting Fee: Based on Project Size
- Prepayment Penalties: None! (3+ months of minimum interest earned)

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