Bridge Loan

Bridge Loan

Available for FICO scores starting at 600
Loan amounts range from $100,000 to $10,000,000
Properties in rural areas are not eligible
Loan-to-value (LTV) ratio can be up to 75%
Seller carrybacks are permitted in California
Applicable for non-owner occupied residential investments, including 1-4 unit properties, condos, and townhomes
No minimum Debt Service Coverage Ratio (DSCR) is required for exit
Short prepayment penalties may apply
Cash-out options available, including funds for rehabilitation if necessary
No impound accounts required
Interest-only payment options are available
No prior experience in real estate investment is needed
Transferred appraisals are accepted