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 7%
  • 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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