Loan Type Bridge Loans
Loan Size $1,000,000 and up
Uses

Quick Close /Debt Restructuring  Rehab/ Value Add /DIP Cash Out

Terms 12 Months with –Two -6 month renewals
Leverage

Up to80%  LTC/ 75% Stabilized Value

Purchase

Refinance

Debt Service N/A
Nonrecourse Full Recourse –under $5,000,000
Prepayment 1% Exit Fee/ Interest Prepayment 1-12 months
Amortization Interest Only
Rates 6% to 14%
Origination 1.5 %  to 4% points
Property Types/Classes

Any Type

A-C Rehab OK

Location Nationwide
Fixed and Floating Rate Loans of 3, 5, 7, 10 years and fully amortizing loans of 15, 20, 25 years are available. Pricing may vary depending length of loan, LTV, DSCR, property quality and market conditions. Construction financing, mezzanine and equity capital is available for select properties.