Services Info
2-8 Unit Mixed-use Bridge
9.99%
Purchase Max 80% (85% LTC)
Refi Max 75% (80% LTC)
Cashout Max 70% (75% LTC)
100% Constuction
LTV
I/O 10Y (40 Year Fixed)
I/O 5Y, 7Y 10Y (30 Year Fixed, 5/6, 7/6)
Fully Amortized (30 Year, 5/6, 7/6 10/6)
Amortization
Loan Amount
Minimum 250K, Maximum $7.5MM
Asset Type
50 > Residential both sqft and income
Credit
680+
5.65%
1 - 4 Unit DSCR
Purchase & Refi Max 80%
Cashout Max 75%
-5% Fico <675, -10% Fico <650, -20% Fico <625.
LTV
I/O 10Y (40 Year Fixed)
I/O 5Y, 7Y 10Y (30 Year Fixed, 5/6, 7/6)
Fully Amortized (30 Year, 5/6, 7/6 10/6)
Amortization
Loan Amount
Minimum 250K, Maximum $5MM
Minimum .75 DSCR and No ratio programs
Max LTV 70% for DSCR< 1.0
Minimum 625 Fico <1.0DSCR
DSCR
Non-Permanent Resident Alien
US Citizen
Foreign National
Residency
SFR, 2-4 Family, Townhomes, Condos, Condotel, Non-Warrantable Condo, Manufactured Home.
Asset Type
Short term Rental, Long term Rental, Hotel Rental Program, Section 8, and Government rental assistant.
Lease Type
Credit
575+
No BK/FC in the past Year
No Housing 0X120 in prior 12 Mths
No SS/DIL/Modification 3 Months
Negative Credit Events
2-8 Unit Mixed-use DSCR
7.49%
Purchase & Refi Max 75%
Cashout Max 70%
LTV
I/O 10Y (40 Year Fixed)
I/O 5Y, 7Y 10Y (30 Year Fixed, 5/6, 7/6)
Fully Amortized (30 Year, 5/6, 7/6 10/6)
Amortization
Minimum 250K, Maximum $10MM
Loan Amount
DSCR
Minimum 1.0 DSCR
Max LTV 65% for DSCR< 1.15
50% > Residential sqft and income
Asset Type
Lease Type
Long-term Rental
680+
Credit
No BK/FC in the past Year
No Housing 0X120 in prior 12 Mths
No SS/DIL/Modification 3 Months
Negative Credit Events
5-25 Unit Multi-family DSCR
6.99%
Purchase & Refi Max 75%
Cashout Max 70%
LTV
I/O 10Y (40 Year Fixed)
I/O 5Y, 7Y 10Y (30 Year Fixed, 5/6, 7/6)
Fully Amortized (30 Year, 5/6, 7/6 10/6)
Amortization
Minimum $500K - Maximum $5MM
Loan Amount
Minimum 1.0 DSCR
Max LTV 65% for DSCR< 1.15
DSCR
50% > Residential sqft and income
Asset Type
Lease Type
Long-term Rental
680+
Credit
No BK/FC in the past Year
No Housing 0X120 in prior 12 Mths
No SS/DIL/Modification 3 Months
Negative Credit Events
New York Metro & Southeast Florida Commercial bridge
10.25%
New York Metro & Southeast Florida
Property Geographic Area
9.25% to 13.9%
Interest Rates
Minimum $500K - Maximum $15MM
Loan Amount
LTV
75%
Origination Fees
1% to 2%
SFR, condos, co-ops, 2-4 unit residential, 5+ Unit Multifamily, Luxury Residences, Student Housing, Short-Term Rentals / Airbnb Properties, Warehouses, Manufacturing, Cold Storage, Truck Terminals, Data Centers, Entitled / Zoned Land, Office, medical, retail, mixed use, hospitality, gas stations, car wash, automotive, shopping centers.
NO healthcare or assisted living
Asset Type
6 months to 36 months
Loan Terms
Fix & Flip
8.95%
LTV
Experienced Investor:
LTPP 90%
Renovations 100%
LTC 92.5%
LTARV 75%
-5% for Heavy Construction
-5% for less than 7 similar deals in 36 months
Refi & Cashout Max 75%
New Investor:
LTPP 75%
Renovations 100%
LTC 77.5%
LTARV 65%
Interest Only
Amortization
Loan Amount
Minimum 250K,
Maximum $8MM
SFR, 2-4 Family, Townhomes, Condos, Condotel, and Non-Warrantable Condo.
Mixed Use in New York Only
Asset Type
Non-Permanent Resident Alien
US Citizen
Foreign National
Sponsor Residency
Sale OR Short term Rental/Long term Rental
Exit Plan
640+ Fico
Credit
No BK/FC in the past Year
No Housing 0X120 in prior 12 Mths
No SS/DIL/Modification 3 Months