Newrepublicfunding.com

Residential Bridge Loans   

Residential Bridge Loan Program:

Collateral Type:

Single-family, 2-4 Units, Condos, Townhomes


Lease Status:

Currently (or soon) leased

Vacant to be Sold


Loan Amounts: 
$100,000 – $25,000,000


Loan to Value: 
Up to 70% LTV


Appraisal:

Yes. If you already have an appraisal ordered via a AMC, and it is within 60 days or less, NRF should be able to help get it transferred and utilize it.


Loan Term: 
12 to 18-month term


Transaction Type: 
Purchase or Refinance


Borrower Type: 
LLCs, LPs, and Corporations ONLY


Lending Area: 
Nationwide lending


Broker's Encouraged, Paid, and Protected! 

Rates starting at 11.99% - 12.99%


Points fixed at 3% below $2,000,000 Loan Amount. 2% above $2,000,000 Loan Amount. 


Minimum Loan Amount: $100,000 


Maximum Loan Amount: $25,000,000


Close of Escrow:  3 Days - 7 Days