BRIDGE LOANS
Bridge loans are primarily used by investors who need short-term financing. Some borrowers use bridge loans for as little as 30 days, while others utilize the loan for several years. It all depends on the size of the project & how they want to use it.
Residential Purpose Loans
1 Year: 6.90-10.50%
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Great for fix & flip investors for quick closes or transfers
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Closing within 3–14 days
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Up to 85% of purchase price on residential
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Available for commercial and residential properties
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Business Purpose Loans
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Non-owner occupied
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Residential and commercial properties
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$100,000 to $15 million
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Stated income
Consumer Purpose Loans
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Owner occupied
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Residential – California, Oregon, and Washington
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$100,000 to $5 million
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Income verification: W2, 1099, bank statements (business or personal)
2 Year: 7.50-11.0%
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Flexible term great for multiple exit strategies including fix & flip, buy & hold, or extended rehab
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Up to 75% of the purchase price
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Available for commercial and residential properties
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No minimum FICO
1-5 Year Bank: 4.50-6.50%
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Excellent loan for completed luxury homes listed on the market
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65% LTV
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Available for commercial and residential properties
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Interest-only