Avatar's Blog
» Interest Only Payments
Posted on 5/3/2005
Avatar Financial Group offers ommercial hard money bridge loans with
interest only payments. Principal, fees and points are payable upon
completion of the loan. This serves to reduce the monthly payments to
an absolute minimum, providing optimal working capital for the borrower
during the period of the bridge loan.
Commercial bridge loans range generally range from 1 - 3 years. Shorter terms can be arranged by contacting Avatar directly. In general, there are no prepayment penalties if the loan is maintained for a minimum of six to nine months. Once again, specific cases should be discussed with Avatar's president and/or CEO directly.
Posted in Miscellaneous
Commercial bridge loans range generally range from 1 - 3 years. Shorter terms can be arranged by contacting Avatar directly. In general, there are no prepayment penalties if the loan is maintained for a minimum of six to nine months. Once again, specific cases should be discussed with Avatar's president and/or CEO directly.
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