RESIDENTIAL LOAN TERMS

  • LOAN AMOUNT

    $100,000 to $5,000,000

  • LOAN TERM

    6 to 24 months with option for extensions

  • ASSET TYPES

    1-4 SFR

  • GEOGRAPHY

    California

  • LOAN PURPOSE

    Acquisition, Flip, Rental, Cash-Out

  • LOAN-TO-VALUE/COST

    Up to 70% LTV
    (higher leverage considered on a selective basis)

  • RATES

    Starting at 9.25%

  • LOAN FEES

    Varies depending on loan profile and term

  • DSCR

    Below 1.0 will be considered

  • AMORTIZATION

    Interest only

  • RECOURSE

    Non-recourse available

  • PREPAYMENT

    No prepayment penalty

  • CLOSING TIME FRAME

    3-5 business days

First Bridge Lending
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