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Lima One Capital LLC

Bridge Loan
Bridge Plus - LG86

Lima One Capital LLC

Summary of all Guidelines

Loan Types Bridge Loan
Property Types 2-4 Units, Condo, Multi Family, SFR
Lendding Area alabama, arizona, arkansas, california, colorado, connecticut, delaware, florida, georgia, hawaii, idaho, illinois, indiana, iowa, kansas, kentucky, louisiana, maine, maryland, massachusetts, michigan, minnesota, mississippi, missouri, montana, nebraska, nevada, new-hampshire, new-jersey, new-mexico, new-york, north-carolina, north-dakota, ohio, oklahoma, oregon, pennsylvania, rhode-island, south-carolina, tennessee, texas, utah, virginia, washington, west-virginia, wisconsin, wyoming
Loan amount Minimum $75,000
Loan amount Maximum $3,000,000
Terms 1 year, 18 month, 2 year
Recourse Non Recourse
General Pricing or Guideline info Occupancy guidelines – we can close on a property if it is vacant but we will use 90% of market rent to determine the dscr in those situations. Discounted origination fee on refinance >> Draw fee reduced for portfolio loans* to $150 per Draw, per Property. ($225 for single asset loans)
Updated as of 2023-01-18

Occupancy guidelines – we can close on a property if it is vacant but we will use 90% of market rent to determine the dscr in those situations.

Discounted origination fee on refinance

>> Draw fee reduced for portfolio loans* to $150 per Draw, per Property. ($225 for single asset loans)

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