Bridge loans

Bridge Loans by Manhattan Bridge Capital

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Bridge loans to purchase small income-producing properties

Experience NA
Credit Score Minimum NA
Interest Rate NA
Points NA
Advance Rate On Purchase NA
Advance Rate On Rehab NA
ARV 65%
Property Types Single Family, Multi Family, Mixed Use
Pre-Pay Penalty  NA
Extensions   NA
Blanket Loans  NA
Loan Size $100K – $2M
Loan Terms 12 Mo., Borrowers must pay interest only monthly and the principal at maturity. We insist on a first mortgage position and personal guarantees from the borrower's principals. We request, as added collateral, the equity position of the borrower’s principals in the borrower.

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