Bridge Loan
Program #LG405
Program #LG405
![Nationwide Mortgage](https://lendding.com/wp-content/uploads/2024/09/2087398000063096201_accounts_photo-150x113.png)
Summary of all Guidelines | |
Loan Types | Bridge Loan |
Property Types | 2-4 Units, Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Condo, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Medical Office, Memory Care, Mixed use, Mobile Home Park, Modular Home, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior Care - Commercial Property, Senior Care - Residential Property, SFR, Shopping Center, Skilled Nursing, Special-Use, Strip Center, Student Housing, Warehouse |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $200,000 |
Loan amount Maximum | $50,000,000 |
Terms | 1 year, 18 month, 2 year, 3 year, 4 year, 5 year, 7 year, 10 year |
Interest Only or Amortized | Amortized and Interest Only Options available |
Entities | Corp - Corporation, LLC - Limited Liability Corporation, Partnership, LP - Limited Partnership, Individual, Trust, Foreign Nationals |
Cross Collateralize Blanket | Yes |
Lien Position | 1st, 2nd |
Intended Occupancy | Vacant, Tenant, Non-owner occupied, Owner Occupied Business |
Recourse | Recourse and Non Recourse available |
Updated as of | 2024-01-17 |
These descriptions are limited information and meant for general reference purposes.
- Noelle Wheeler