Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Agriculture, Assisted Living, Automotive, Bar, Cannabis Related, Church, Condo, Entertainment Venue, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Medical Facility, Medical Office, Mixed use, Mobile Home Park, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Special-Use, Strip Center, Student Housing, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $250,000,000 |
| Interest Rate Minimum | 6.75% |
| Interest Rate Maximum | 13.75% |
| Points Minimum 1st TD | 2 |
| Points Maximum 1st TD | 4 |
| Terms | 6 month, 9 months, 1 year, 18 month, 2 year, 3 year, 4 year, 5 year, 7 year, 10 year, 20 year, 30 year |
| Typical Days Required to Fund | 6-10 Business days |
| Interest Only or Amortized | Amortized and Interest Only Options available |
| Lien Position | 1st, 2nd |
| Intended Occupancy | Tenant, Vacant, Owner Occupied Business Purpose |
| Recourse | Recourse and Non Recourse available |
| Updated as of | 2022-01-01 |
These descriptions are limited information and meant for general reference purposes.
