
Bridge Loans
We’ve got you covered when it comes to acquisition, Bad Credit, Bridge Loans, Builder Programs, Cash out (on a case-by-case base), Construction, Foreclosure prevention, Investor Programs, Private Money Mortgages, Rehabilitation, Time Sensitive close, Un-bankable property type etc.
A bridge loan can help provide funding for the purchase of a new home if you were relying on the funds from sale of your existing home to purchase the new one. There are a lot of advantages to this kind of short-term borrowing aimed at bridging a financial gap.
- Can close loan in as little as 5 business days
- Typical loan of up to 70% Loan to Value
- 6 month prepayment penalty
- Loans to Company or LLC
- 10% to 14% Monthly Payments
- Origination fees of 2-3 Points
- $0 Processing Fee
- Loans from $50,000 to $5,000,000
- 12-18 Month Term (w/ extension provisions)
- Lenders Title Policy Required
- Residential, Land & Commercial Welcome