N.O.O. Residential Bridge Loan
RATES + TERMS
Minimum Loan Amount
$500 Thousand
Maximum Loan Amount
$5+ Million
RATES:
LOANS UP TO $5 MM
LOANS >$5 MM
6.75% - 9.99%
7.99% - 9.99%
Fees
2-3%+
Timing
2-3 week closings
Maximum Loan to Value
90% for loans up to $2 MM
70% for loans >$2 MM
Maximum Loan to Purchase Price
90% for loans up to $2 MM
70% for loans >$2 MM
Yield Maintenance
Negotiable
Recourse
Required
Lien Position
1st
Maximum Maturity
2 years
Minimum Personal FICO Score
650
Acceptable Markets
Nationwide in
urban/suburban markets with population of 50,000+
Property Types Considered
Program designed for real estate investors and value added purchases of 1-4 unit residential, non-owner occupied.
Residential Bridge Loans
$3.4MM - Apartment building - Baytown,…
$4.750MM - Student housing properties -…
$5.1MM - Apartment buildings - Bay…
CONTACT US
Let's Talk
AVATAR FINANCIAL GROUP
1200 Westlake Avenue N, #1006
Seattle, WA 98109
Office: 206.728.5900
Toll-Free: 1.888.886.0097
For information about loan programs or loan
requests, email us at:
[email protected]
