Buy-To-Rent Bridge Loan Criteria:
- Collateral: Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties
- Term: 24 Months (12-Month Extension Available)
- Loan Amount:
- $50k – $2M for 1-4 Family, Condos, &Townhomes
- $250k – $3M for Multi-Family(5+)/Mixed-Use
- LTVs:
- Purchase: The lesser of Up to 75% of the As-Is Value or Up to 75% Loan-to-Cost
- Refinance: Up to 70% of the As-Is Value
- Cash-Out: Up to 60% of the As-Is Value
- Rates: Starting at 8%
- FICO: 650 min