$726,000 Acquisition Bridge Loan in Pleasanton, CA

Loan Amount: $726,000

LTPP: 60%

Type: Acquisition

Term: 6 months

The borrowers are a married couple in the food industry seeking their first investment property. First Bridge Lending provided financing to purchase the 4-bedroom 3-bathroom SFR in Pleasanton, CA.

The borrowers purchased the property for $1,210,000 and will rent the SFR for $4,800/month. The loan amount totaled $726,000 at 60% LTPP for a 6-month term. First Bridge Lending originator Christopher Carey facilitated this deal and helped the client secure funding for their SFR purchase.

Private lender
Direct lender
Quick process puts you in touch with decision makers
Loans funded in 3 business days
In-house underwriting, no appraisal required

FBL Track Record
Over 3,500 loans totaling more than $2 billion closed since 2012
Funded loans from $100,000 to $5 million on residential and commercial properties
CA Licensed: CFL, DRE, NMLS

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