Need to close on your dream home quickly?
We can help!
In today’s real estate market, you have to move quickly or the deal will pass you by. Our new Owner-Occupied Consumer Bridge Loan Program allows you to be competitive and get the house of your dreams. With our new owner-occupied loan program you can purchase your new home before selling your existing home without having to meet stringent debt to income ratios of a conventional lender.
|
Loan Amount |
From $100,000 up to $5,000,000 (higher with exception) |
|
Loan to Value |
75% of Value |
|
Property Type |
1-4 Unit Residential |
|
Occupancy |
Owner Occupied |
|
Term |
11 months |
|
Interest Rate |
Starting at 8.99% |
|
Payments |
40-year Amortization |
|
Points |
Starting at 1.5 points |
|
Prepay |
No Prepayment Penalty |
|
FICO |
No Minimum FICO Score |
|
Lien Position |
1st and 2nd Position |
|
Location |
California Only |
|
Closing Time |
7 to 14 days (Subject to Regulatory "Cooling Off" Periods) |