Please apply for a bridge loan by choosing the option that best fits your finance request below.
*”No Tax Return” Bridge Loan Program
Basic Program Outline
- Loan Amount: $75,000 – $5,000,000
- No Tax Return Requirement: No tax returns needed or income statements required (“just rentroll”)
- Min Combined Fico score: 650 or higher
- LTV: Up to 75% LTV Max
- CLTV: Up to 80%
- Term: Up to 1 – 30 year terms available (30 year fully amortized)
- Rates: as low as 8.74%
- Fast Closings with a low LTV
- Seller held financing OK!
- Rate buy-down available
*population restrictions may apply
Standard Bridge Loan Program
Basic Program Outline
- Types of Loans: First trust deeds only, purchase, refi
- Credit Types: Bad to great fico scores.
- Types of Properties: Non-Owner occupied residential, multi-family, mixed use, retail, office, industrial, vacant buildings, entitled land, apartment buildings, construction, gas stations, c-stores, warehouse, assisted living facilities etc..
- Location: Nationwide (*some restrictions may apply).
- Loan Amounts: $75,000 to $70,000,000 +
- Interest Rates: 8.74% – 14.00% + interest only (*varies depending on geographic area and risk grade of asset class)
- 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. *Subject to approval.
- 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.
Construction Loan Program
Basic Program Outline
- Types of Construction accepted: Fix and flip, Ground up construction, development, and rehab finance.
- Types of loans: First trust deeds only.
- Rates: Rates fluctuate depending on location, loan amount, and size of project.
- Term: Term length can fluctuate depending on location, loan amount, and size of project.
- Application: Most construction deals are very custom, and will require an initial application submission and executive summary in order to determine potential interest,rate,term, and fees if applicable.
Business/Cash Advance Loan Program
Basic Program Outline
- Rates: Rates starting at 9.99%, no collateral needed.
- Term: 4 Months – 10 years fixed!!!
- For: Expansion, working capital, inventory, equipment, *all business related use of proceeds are eligible!!
- Eligble Locations: Almost all US & Canada locations are eligble regardless of population! (*exclusions: NV, Puerto Rico and Quebec.)
- Flexible Repayment Options: Monthly, weekly & daily repayment.
- Acceptable Industries: No restricted industies!
- Pre Payment Penalty: No prepay penalty options!
- Typical Closings Time: Closings in 2-5 days + if qualified!
- Credit Score: *500 minimum average
- EZ documentation: Min documentation required, JVC signed credit app, 6 months minimum business bank, credit card statements, voided check, color copy of drivers license.
- No close costs: Absolutely no out of pocket 3rd party closing costs associated with this program.
- Fees: Application fee upon initial submission from $595.00 – $3,995.00 subject to initial review of pre-diligence etc.,
- Length of Operation Req: Minimum 2+ months in business, revenue producing, *Time in business and revenue will affect terms if offered.