Investors often find themselves in need of short-term financing to seize lucrative opportunities in the real estate market. That’s where 24-month investor bridge loans come into play. Designed specifically for investors requiring quick access to funds, these loans offer a range of benefits that make them an attractive option. Our key features of 24-month investor bridge loans and how they can help you achieve your investment goals.
◾75% LTV – Cash Out to $2.0M:
One of the standout features of 24-month investor bridge loans is the ability to cash out up to $2.0 million, with a loan-to-value (LTV) ratio of 75%.
◾Borrow Now – Pay Points Later:
Our 24-month investor bridge loans offer the flexibility of paying points later. This means that investors can secure the financing they need without the immediate burden of upfront costs, allowing them to focus on their investment strategies.
◾No Prepayment Penalties:
Investors often want the freedom to repay their loans ahead of schedule without incurring hefty penalties. With our 24-month investor bridge loans, there are no prepayment penalties.
◾24 Months, Interest Only:
The repayment terms of our 24-month investor bridge loans are structured to align with the short-term nature of real estate investments. These loans typically offer interest-only payments for the duration of 24 months, allowing investors to manage their cash flow effectively.
◾$250,000 – $2M:
Whether you’re a seasoned investor or just starting out, our 24-month investor bridge loans cater to a wide range of financing needs. With loan amounts ranging from $250,000 to $2 million, investors can find the right loan size to match their investment plans.
◾675 Min FICO:
Credit scores play a crucial role in loan eligibility. With a minimum FICO score requirement of 675, our 24-month investor bridge loans provide access to financing for investors with a solid credit history.
◾No Reserves Needed:
Traditional loans often require borrowers to have substantial reserves in their accounts. However, our 24-month investor bridge loans eliminate this requirement, making it easier for investors to secure the financing they need without tying up additional funds.
◾1-4 Non-Owner Units:
Investors looking to finance properties with 1-4 non-owner units can benefit from 24-month investor bridge loans. These loans are specifically tailored to meet the unique needs of investors in the residential real estate market.
◾First Time Investor 65% Max:
For first-time investors, our 24-month investor bridge loans offer a maximum loan-to-value ratio of 65%. This ensures that new investors can access financing while still maintaining a conservative approach to risk management.
For more information about our bridge loan, contact us and we’ll connect you with a loan specialist.
