Bridge Financing

Bridge Loan Financing is a mortgage program specifically designed for investors who require short-term financing. This program offers a range of benefits and features to meet the needs of investors.

With Bridge Loan Financing, investors can access up to 75% loan-to-value (LTV) cash out, with a maximum limit of $2.0 million. One unique aspect of this program is the option to borrow now and pay points later, providing flexibility for investors. Additionally, there are no prepayment penalties, allowing investors to pay off their loan early without incurring any additional fees.

The loan term for Bridge Loan Financing is 24 months, with interest-only payments. This means that investors only need to pay the interest on the loan during this period, making it more manageable for short-term investments. The loan amount ranges from $250,000 to $2 million, providing investors with a wide range of financing options.

To qualify for Bridge Loan Financing, investors need to have a minimum FICO credit score of 675. Unlike some other mortgage programs, no reserves are needed, making it easier for investors to access the funds they need. This program is also available for 1-4 non-owner units, allowing investors to finance multiple properties.

Bridge Loan Financing also caters to first-time investors, with a maximum loan-to-value (LTV) ratio of 65%. This provides an opportunity for new investors to enter the market and start building their investment portfolio.

Bridge Loan Financing offers a comprehensive and flexible mortgage program for investors in need of short-term financing. With its competitive terms and features, this program can help investors achieve their investment goals. Contact us to learn more about Bridge Loan Financing