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PURCHASE REHAB BRIDGE PROGRAM
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Minimum Loan Amount: $250,000
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Maximum Loan Amount: $10,000,000
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Interest Rate: 8%+
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Term Length: 12 to 24 Months
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Time to Close: 2 to 3 Weeks
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Purchase Funding: 90%
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Rehab Funding:100%
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Maximum After Repair Value: 75%
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Lien Position: 1st
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Acceptable Markets: Nationwide Urban and Suburban
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Minimum Personal FICO Score: 575
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Minimum Experience: We Lend to First-timers
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Acceptable Property Types: 1-4 Family, Multifamily, Condos, PUDs
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Appraisal:$500 to $650
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Legal Fee:$1,000
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