The Small Owner-Occupied Bridge program is a nationwide program that fills the void for smaller bridge loan amounts.

 

Program Details:

Loan Amount: $250,000 to $1,500,000

Rates: Start at 12.99%

Terms: 5-year term / 30-year amortization

Loan to Value: Up to 70%             

Prepayment: No prepayment penalty

 

Program Benefits:

• National program

• It offers a 30-year amortization

• Smaller dollar amounts

• No prepayment penalty