N.O.O. Residential Bridge Loan

RATES + TERMS

Minimum Loan Amount

$500 Thousand

Maximum Loan Amount

$5+ Million

RATES:
LOANS UP TO $5 MM
LOANS >$5 MM

 
6.75% - 9.99% 
7.99% - 9.99% 

Fees

2-3%+

Timing

2-3 week closings

Maximum Loan to Value

90% for loans up to $2 MM
70% for loans >$2 MM

Maximum Loan to Purchase Price

90% for loans up to $2 MM
70% for loans >$2 MM

Yield Maintenance

Negotiable

Recourse

Required

Lien Position

1st

Maximum Maturity

2 years

Minimum Personal FICO Score

650

Acceptable Markets

Nationwide in
urban/suburban markets with population of 50,000+

Property Types Considered

Program designed for real estate investors and value added purchases of 1-4 unit residential, non-owner occupied.

Residential Bridge Loans

$3.4MM - Apartment building - Baytown, Texas

$3.4MM – Apartment building – Baytown,…

$4.750MM - Student housing properties - Portales, New Mexico & Roswell, New Mexico

$4.750MM – Student housing properties –…

$5.1MM - Apartment buildings - Bay Harbor Islands, Florida

$5.1MM – Apartment buildings – Bay…

CONTACT US

Let's Talk

AVATAR FINANCIAL GROUP

1200 Westlake Avenue N, #1006
Seattle, WA 98109

Office: 206.728.5900
Toll-Free: 1.888.886.0097

For information about loan programs or loan
requests, email us at:
[email protected]