BRIDGE LOAN – Loan Criteria

BRIDGE LOAN

Never miss an opportunity to invest!

Loan Purpose

  • Purchase
  • Rate/Term Refinance
  • Cash-Out Refinance

Loan Term

  • 30 Year Fixed Rate
  • 5/6 ARM
  • 3/6 ARM
  • 3 Months Reserve required – PITIA

Loan Amount

  • Up to $2 Million

Loan to Value (LTV)

  • Up to 80%

Minimum Credit Score

  • None

Interest Rate

  • 8.500 – 9.500%

Property Type

  • Non-Owner Occupied

Eligible Property Types

  • Single Family Residence (SFR)
  • 2 to 4 Unit Properties
  • PUDs
  • Condos
  • Townhouses

Eligible Borrowers

  • U.S. Citizens / Permanent Resident Aliens
  • Non-Permanent Resident Aliens
  • LLCs