Small Balance Multi Family Bridge Loans

RATES:

8.00% - 11.99%

LOAN TO COST:

UP TO 85%LTC

LOAN TO VALUE:

Up To 75% LTV (65%CashOut)

LOAN AMOUNTS:

$250,000 - $3,500,000+

Special Pricing Between $100,000 - $1,000,000

LOAN POINTS:

Depending on the strength of the file,

EVALUATION PROCESS:

CRE Appraisal Under $1,500,000
or an MAI Appraisal for Loans Over $1,500,000

MINIMUM OCCUPANCY RATIO:

NONE/0.00%

MINIMUM DSCR:

NONE/0.00%

LOAN TERMS:

6 - 24 Months INTEREST ONLY

MINIMUM FICO:

600 Fico

LOCATION:

Almost Nationwide

COMBINED LOAN TO VALUE:

Up To 90%CLTV

PROPERTY TYPES:

5 - 500+ Units

Special Pricing For 5 - 9 Units Under $1M Loan Amount

LIEN POSITION:

Senior Lien Position

VESTING:

ENTITES ONLY (CORP., LLC, LP)

TITLE SEASONING:

NO SEASONING

LOAN STRATEGY:

RENOVATION, BRIDGE TO BANK, CONSTRUCTION TAKE OUT, BRIDGE TO STABILIZATION

LOAN PURPOSE:

PURCHASE OR REFINANCE

PRE PAYMENT PENALTY:

NONE

*We Only Lend on Investment Real Estate Only, We will NOT FUND a CONSUMER PURPOSE Loan.
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