$1,000,000 Owner Occupied Bridge Loan in Dublin, CA
Loan Amount: $1,000,000
Type: Owner Occupied Bridge Loan
Term: 12 months
The borrowers are in the medical field and looking to purchase their next home. First Bridge Lending provided financing on the purchase of their new home while their current residence was listed for sale. The owner occupied bridge loan allowed the borrowers to purchase their new residence without the contingency of their current house selling. They will sell their current home to pay off the loan.
The loan amount totaled $1,000,000 at 65% LTPP for a 12-month term. First Bridge Lending originator Christopher Carey facilitated this deal and helped the client secure funding to purchase their new home.
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Loans funded in 3 business days
In-house underwriting, no appraisal required
FBL Track Record
Over 2,000 loans totaling more than $1.35 billion closed since 2012
Funded loans from $100,000 to $5 million on residential and commercial properties
CA Licensed: CFL, DRE, NMLS