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Bridge Loan
Rental Funding and Bridge Loans
Program #LG579

NGRE Group

Summary of all Guidelines

Loan Types Bridge Loan, Hard Money Loan
Property Types 2-4 Units, Condo, Mixed use, Multi Family, SFR
Lendding Area NATIONWIDE
Loan amount Minimum $800,000
Loan amount Maximum $4,000,000
Interest Rate Minimum 10.5%
Interest Rate Maximum 12%
Points Minimum 1st TD 0.75
Points Maximum 1st TD 2
Terms 2 year
Lien Position 1st
Prepayment Penalty No Prepayment Penalty
Fixed or Adjustable Fixed

Rental Runding and "Multifamily Bridge loan" are short-term financing options tailored for the acquisition or refinancing for apartments comprising of five or more units.

This loan solution empowers you to capitalize on the reidual income, cash flow, and future appreciation associated with owning such properties. With our mutifamily bridge loan program, you regain control, alowing you to focus on what truly matters, expanding your real estate porfolio.

A Multifamily Bridge Loans is particularly advantageous in the following scenarios:
In situations demanding a swift closing timeframe.

When you can not rely on traditional bank financing

When the property requires renovations.

When the property is not yet stabilized, fully leased, or generating income.

At NGRE Group, our Multifamily loans boast rapid closing times, sometimes as short as 14 days, with rates starting at 9.89%!
Our Multifamily loans necessitate no personal income verification and involve minimal documentation, ensuring a hassle-free process for you.

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