Bridge Loan
Bridge Plus
Program #LG86
Bridge Plus
Program #LG86
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Condo, 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 | $5,000,000 |
| Loan amount Maximum | $25,000,000 |
| Terms | 1 year, 18 month, 2 year, 6 month |
| Credit Score Min | 700 |
| Interest Only or Amortized | Interest Only |
| Max Points Charge by Broker | 3 |
| Prepayment Penalty | No Prepayment Penalty |
| 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 | 2025-09-26 |
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.
- Nicolai Lipscomb
Senior Loan Officer
