Bridge Loan Program
Loan Limits
$250,000.00 – $20,000,000.00+
Recourse
Full Recourse
Non-Recourse (available case-by-case)
Documentation Type
Lite Documentation & Full Documentation Available
Loan Types
Purchase, Refinance, Restructuring, Renovation, Construction & Lot Development
Maximum LTV
65% - 75% (80% for MultiFamily)
Occupancy Type
Investor & Owner Occupied
Eligible Locations
Nationwide
Property Types
All Commercial Property Types Considered including Land
Interest Rate
9.0% - 15.0%
Credit Minimum
No Minimum
Amortization
Interest Only
Loan Points
3.0% - 5.0%
Term
6 – 24 Months (longer terms considered case-by-case)
Prepay
No Prepayment Penalty
Due Diligence Deposits
Processing & Consultation Fee Due At LOI Acceptance
Third-Party Report Fees Due at Term Sheet
Submission Requirements
Executive Summary (including Exit Strategy)
Photo (Exterior) or Last Appraisal (if available)
Current Rent Roll (if applicable)
Full Year and YTD Operating Statement
Personal Financial Statement
Credit Report, Three Bureau with Scores
Settlement Closing Statement (if owned 2 years or less)
The Continental Finance Difference
Close in as Little as 2 Weeks
Cross Collateralization Allowed
Exit Strategy Required
We Make Loans Happen