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Long Term Commercial Loan
Commerical Bridge
Program #LG638

Penstock

Summary of all Guidelines

Loan TypesCommercial Loan
Property TypesMixed use, Multi Family
Lendding AreaNATIONWIDE
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 Min680
Lien Position1st

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.