Stabilized Bridge Rates Starting at 9.25%
No DSCR
DSCR Exit
DSCR Exit
Max LTC
85% of purchase price + verified completed capex if property owned <6 months
Max LTV
700 FICO:
70% if property owned >6 months
660-699 FICO:
65% if property owned >6 months
Min DSCR
N/A
Min FICO
660
Purpose
To provide bridge financing on a property that was recently renovated or constructed and is currently/soon to be listed for sale
Loan Amount
Min: $75,000
Max: $1,500,000 / larger loans allowed at lender discretion
Term Length
12 Months, up to 18 at lender discretion
Property Types
Single Family/2-4 Unit/Townhomes/PUD/ Warrantable Condos
Property Condition
C2 or better
Collateral Restrictions
Property value within 90th percentile of market
No rural, exotic, or unique properties
DSCR Exit
DSCR Exit
DSCR Exit
Max LTC
85% of purchase price + verified completed capex if property owned <6 months
Max LTV
70% LTV
Min DSCR
1.10 Exit DSCR based on lower of in place rent and market rent
Min FICO
660
Purpose
To provide bridge financing on a property that is currently rented or soon to be rented, but is not yet ready for permanent financing
Loan Amount
Min: $75,000
Max: $1,000,000 for SFR,
$2,000,000 for 2-4 unit / larger loans allowed at lender discretion
Term Length
12 Months, up to 18 at lender discretion
Property Types
Single Family/2-4 Unit/Townhomes/PUD/ Warrantable Condos
Property Condition
C4 or better with no deferred maintenance
Collateral Restrictions
No rural, exotic, or unique properties