Long Term Commercial Loan
Commerical Bridge
Program #LG638
Commerical Bridge
Program #LG638
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | Mixed use, Multi Family |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $10,000,000 |
| Interest Rate Minimum | 10.5% |
| Points Minimum 1st TD | 1 |
| Points Maximum 1st TD | 3 |
| Terms | 6 month, 9 months, 1 year |
| Credit Score Min | 680 |
| Lien Position | 1st |
New construction loans provide acquisition and vertical financing for builders and developers to complete residential, ground-up construction projects.
These descriptions are limited information and meant for general reference purposes.
- Michael Gieseke
