Similar to our traditional Bridge Loan, our Asset-Based Loan Program is ideal for financing cash out on equity or funding scenarios that require a quick closing timeline. Available for purchase or refinance, our Asset-Based Loan Program can finance up to 70% LTV on residential properties and up to 65% LTV on commercial properties. By focusing on the strength of the subject property and keeping the LTV at a lower benchmark, we are able to offer faster closing times than our traditional Bridge Loan. In some cases, closing in as quickly as 5-10 business days. This program is also ideal for financing non-performing properties, with options available for DSCR under 1.0X.

Loan Criteria:

• Amount: $1 million to $5 million
• Property types: Retail, Mixed-Use, Office, Multi-Family, Light Industrial/Warehouse, Single Family Residence (non-owner occupied)
• Lending Area: California, Texas and Washington
• Loan Purpose: Purchase, Refinance, and Cash Out
• Term: Up to 24 months
• Interest Rate: Minimum 1.99% over WSJ Prime (Limited Time Offer)
• Maximum LTV:
  • Commercial Property – 65%
  • House/Condo/Apartment – 70%
• Repayment: Interest Only
• Lien Position: 1^st Lien
• Lender Loan Fee: Varies
• Closing time: 5-10 business days

Download Loan Criteria