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California Private Bridge Loans
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California Real Estate Only! Interest Rates:Less than 10% LTV:60% (65% in some cases) Lien Position:1st Trust Deeds Only Commitment Fees:None Loan Amounts:$200,000 up to $10,000,000 Loan Term:12 months w/ Extensions Documentation:No appraisals or tax returns most of the time Underwriting Times:24—48 hours Closing Times:As little as 10 to 14 days Property Types Multi-Family – Office – Retail – Industrial – Hospitality – Non-Owner Residential John Broussard |
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How do you provide the bridge financing? Is this through a bank? |
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