FIX & FLIP LOANS
Short-term financing for the buy and recovery of non-proprietor involved properties.
Long-term financing for speculators who are holding properties for rental pay.
Short-term financing for residential, commercial & mixed-use properties.
OUR RENTAL LOAN PROGRAM IS DESIGNED FOR INVESTORS NATIONWIDE SEEKING A SIMPLE FINANCING SOLUTION FOR PURCHASE OR REFINANCE, WITH THE FLEXIBILITY TO REMAIN IN THE LOAN FOR UP TO 30 YEARS AND CASH-OUT UP TO 80% OF LTV.
A “bridge loan” is essentially a short term loan taken out by a borrower against their current property to finance the purchase of a new property.
Also known as a swing loan, gap financing, or interim financing, a bridge loan is typically good for a six month period, but can extend up to 12 months.
Most bridge loans carry an interest rate roughly double the average fixed-rate product and come with equally high closing costs.
Bridge loans are generally taken out when a borrower is looking to upgrade to a bigger home, and haven’t yet sold their current home.