Our bridge loan program is our most popular loan product due to it's flexibility; mainly due to having no minimum credit score. Aside from no minimum credit score, there are additional benefits such as no prepayment penalty, flexible underwriting guidelines, and monthly interest-only payments to keep payments low. Like all of our loan programs, applying for our Bridge Loan does not have any minimum time in business requirement, no minimum monthly revenues, and absolutely zero income documentation; a true asset-based loan.
Bridge Loans are the perfect option for many reasons. There is no minimum credit score requirement, no penalty for early repayment, and low monthly interest-only payments.
Loan OVERVIEW
Min. Loan: $100,000
Max. Loan: $2,500,000
Rates: 7.75% - 11.5%
Term: 24 -Months
Payment: Interest- Only
Frequency: Monthly
Max. LTV: 75%
QUALIFYING
Credit Score: No minimum
Bankruptcy: Discharged or Dismissed
Foreclosure: OK, can't be active
Time In Business:No minimum
Monthly Revenue:No minimum
NSF's:No limit
Zoning:Residential
Occupancy:Non-Owner Occupied
Property Type:Single Family, Condo, Townhouse, or Multifamily
DOCUMENTATION
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Loan Application
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Photo ID
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Entity Docs (if applicable)
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Proof of Primary Residence
Commercial Real Estate Lending Territory
INELIGIBLE STATES GRAY
ELIGIBLE STATES GREEN

