Second Mortgage
JUNIOR BRIDGE
Program #LG763
JUNIOR BRIDGE
Program #LG763
Summary of all Guidelines | |
| Loan Types | Second Mortgage |
| Property Types | 2-4 Units, Industrial, Medical Office, Mixed use, Multi Family, Office, Retail, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $15,000,000 |
| Interest Rate Minimum | 11% |
| Points Minimum 1st TD | 1.5 |
| Terms | 1 year, 18 month, 2 year |
| Typical Days Required to Fund | 11-15 Business days |
| Interest Only or Amortized | Interest Only |
| Extensions Available | Considered based on Performance |
| Lien Position | 2nd |
| Max Points Charge by Broker | 2 |
| Prepayment Penalty | No Prepayment Penalty |
| Fixed or Adjustable | Fixed |
| Recourse | Recourse and Non Recourse available |
| Updated as of | 2026-08-13 |
These descriptions are limited information and meant for general reference purposes.
- Jessica Carter
Vice President, Originations
- Guido Chiappa
