We offer Fix and Flip bridge loans to qualified investors ranging in size from $100,000 to $10,000,000 and we have the flexibility to tailor our offerings to your needs.
Bridge Loan Program Details
- Fix to Flip, Fix to Rent, Ground Up Construction Loans
- Non-Owner Occupant
- Personal Guarantees from Controlling Principals/Sponsors; Select Non-Recourse
- First Lien Position
- Single Family Homes, Condominiums and Multifamily Apartments
- Loan Amount - $75,000 to $10,000,000+
- Interest Rates - Starting at 10.50%
- Interest Only Payments
- Loan Term - 12 to 24 Months, Prepayable at Any Time
- Corporate Entity Borrowers (LLCs, corporations, limited partnerships, etc.) or Individuals
- Loan Advance - Up to 90% of Purchase Costs (Purchase Price + Closing Costs), Up to 100% of Rehab Budget
- Loan to Value - Up to 70% of After Repaired Value
- Single or Multiple Draw Loans to Meet Client's Needs
- Experience Preferred but Not Required
- Minimum Credit Score - 600
- Close In As Few As 5 business days