Types of Loans: First Trust Deeds Only
Types of Properties: Non-Owner occupied residential, multi-family, retail, office, industrial, vacant buildings, entitled land, apartment buildings, construction, etc..
Location: Nationwide (*some restrictions may apply).
Loan Amounts: $250,000 to $100,000,000 +
Interest Rates: 6.875% – 12.00% interest only
Origination Fee: Varies depending on length of term and risk grade
Loan Maturities: 12 – 36 months (*bridge loan only), no pre-payment penalty. Extensions available* Longer terms available under different programs.
Loan to Value: Up to 65% LTV depending on property type. Up to 85% LTV under different programs if qualified.
3rd Party Junior Financing: Permitted or seller-held seconds, case by case.
Closing costs: Standard 3rd party costs, such as title and escrow.
No income verification for those who qualify. *Certain restrictions apply.
JVC offers a multitude of other programs besides just Bridge Loans. See menu offerings for details.