DIRECT PRIVATE LENDER - Questions about broker partnership?
Get in touch with our team at (949) 229 5155 or brokersupport@EBSC-Lending.com
Multifamily Bridge
Loan Program.
A "Multifamily-Bridge loan" loan is a short-term loan used to purchase or refinance a 5+ unit apartment complex. We provide the financing solution so that you can enjoy the residual income, cash flow, and future appreciation that comes with owning an apartment complex. Our multifamily bridge loan program puts you back in the driver's seat so that you can focus on what matters… expanding your commercial real estate portfolio. A Multifamily-Bridge loan is a great fit in the following situations:
When the property needs renovations.
When you are in a time crunch to close quickly.
When the property is not stabilized, leased up, or generating any income.
At EBSC Lending, our Multifamily loans close very quickly... even in as little as 10 - 15 days starting at 10.75%! Our Multifamily loans require no personal income verification and very little documentation.
Program Overview.
Loan Amount: $10,000,000 - $100,000,000
Term Length: 6 - 60 months
Max LTC: 90% (Max LTC) 80% (Purchase) 75% (Refinance) 70% (Cash out)
Amortization: Interest only
Interest Rate: Starting at 10.75%
Credit Requirement: No Min FICO
Closing Time: 10 - 15 Days
Loan Use: Purchase, refinance, cash-out, construction, renovation
Loan Fees and Costs
-
Origination Fee: 1% - 5%
-
Processing Fee: Based on Project Size
-
Underwriting Fee: Based on Project Size
Prepayment Penalties
None! (3+ months of minimum interest earned)