permanent-loan-program

Extended Bridge Loan Program

An extended bridge loan program is perfect for any property looking for stabilization and some seasoning that may require more than 2 years. This is not your run of the mill permanent loan product; we are a story lender and can provide a more flexible and creative solution than your normal lending institution. We provide financing programs for investors seeking to acquire properties with temporary low or no cash flow but are well located with high future economic potential. Let us hear your story and get you the funding you need today.

Loan Criteria:

  • Amount: $1 million to $8 million
  • Property types: Retail, Mixed-Use, Office, Multi-Family, Light Industrial/Warehouse, Single Family Residence (non-owner occupied), Special-purpose properties
  • Lending Area: California
  • Term: Up to 60-months
  • Interest Rate: Minimum 2.75% over WSJ Prime (Limited Time Offer)
  • Maximum LTV:
    • Income Property – 75%
    • House/Condo/Apartment – 80%
    • Special Purpose (refinance) – 70%
    • Special Purpose (purchase) – 75%
  • Repayment: P+I based on a 25-year amortization schedule
  • Lien Position: 1st Lien
  • Lender Loan Fee: Varies
  • DSCR: Minimum 1.0x may consider exception

Download Loan Criteria