BRIDGE LOAN PARAMETERS
TYPICAL DEAL TERMS:
- Loan size: $1M – $20 Million
- Maturity: Up to 3 years
- Amortization: Typically Interest Only
- Security: First Mortgage Lien
- LTV: Up to 80%
- Interest Rate: 8% – 12%
- Points: 3% – 7% (net funded)
- Lockout: 3 – 12 months (No Prepayment Penalties available)
- Property Type: Multifamily,Retail, Office, Storage, Hospitality, Mixed-Use, Senior Housing, Lodging, Manufactured Housing, Industrial/Flex, Specialty (All types of real estate considered)
Closing time: 1 week – 6 weeks (varies on different type of properties)
Other Bridge Loans available with different terms mentioned above.
*Loan Size: $15 to $200 million
Please call Roselle Antonic at 239.462.1477 for more information.