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Non-Owner Occupied Bridge

The Non-Owner Occupied Bridge program is for short-term loans secured by real estate such as multifamily, office, retail, luxury residential, or urban land.

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Program Details:

Loan Amount: $2,000,000 to $10,000,000

Rates: Starting at LIBOR + 7.69%

Terms: 1 to 3 years

Loan to Value: Up to 65%             

Prepayment: No prepayment penalty

Other: Proceeds may be used for acquisitions, refinancing, upgrading, repositioning, or cash-out purposes.

 

Program Benefits:

  • National program

  • Quick closing time

  • No prepayment penalty

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