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Ready Capital

Bridge Loan
Bridge to Small Balance Agency Lending - LG59

Ready Capital

Summary of all Guidelines

Loan Types Bridge Loan
Property Types Multi Family
Lendding Area NATIONWIDE
Loan amount Minimum $1,000,000
Loan amount Maximum $7,500,000
Terms 6 month, 1 year, 18 month, 2 year
Typical Days Required to Fund 31-40 Business days
General Pricing or Guideline info WHY READY CAPITAL? [] Quick closings provide ability to capitalize on opportunity [] Loan terms with extension options provide flexibility [] No exit fee if refinanced with Ready Capital []Future advances to facilitate value-enhancing renovation work [] Able to pivot between bridge and perm program for Tweener deals [] Fast answers with front-end “speed underwriting” [] Certainty of execution - Ready Capital is the B-piece holder
Updated as of 2022-12-29

WHY READY CAPITAL?
[] Quick closings provide ability to capitalize on opportunity
[] Loans terms with extension options provide flexibility
[] No exit fee if refinanced with Ready Capital
[]Future advances to facilitate value-enhancing renovation
work
[] Able to pivot between bridge and perm program for Tweener deals
[] Fast answers with front-end “speed underwriting”
[] Certainty of execution - Ready Capital is the B-piece holder

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