Commercial Loan Programs

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.

romeoCommercial Loan Programs

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