Bridge Loan
Outside of California
Program #LG72
Outside of California
Program #LG72
![Marquee Funding Group, Inc.](https://lendding.com/wp-content/uploads/2024/09/2087398000008268290_accounts_photo-150x142.png)
Summary of all Guidelines | |
Loan Types | Bridge Loan |
Property Types | 2-4 Units, Industrial, Medical Office, Multi Family, Retail, SFR, Warehouse |
Lendding Area | colorado, new-york, texas, wyoming |
Loan amount Minimum | $1,000,000 |
Loan amount Maximum | $50,000,000 |
Interest Rate Minimum | 9% |
Interest Rate Maximum | 14% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 3 |
Terms | 1 year, 18 month, 2 year |
Typical Days Required to Fund | 20-30 Business days |
Prepayment Penalty | 6 months |
Intended Occupancy | Vacant, Tenant, Owner Occupied Business, Owner Occupied Primary Residence |
Recourse | Recourse |
Updated as of | 2022-01-01 |
These descriptions are limited information and meant for general reference purposes.
- Sammy Stein
Senior Loan Officer