Multifamily, Retail, Office, Mixed-Use, Senior Housing, Self-Storage, Hospitality, Specialty, Manufactured Housing, Industrial/Flex Every loan is unique, but generally our terms are:
LOAN PURPOSE |
|
INTEREST RATE[1] | Rates as low as 6.95% |
LOAN AMOUNT | $3MM-$30MM[12] |
LOAN TERM | 6 Months to 3 Years of Term |
BORROWER TYPE | Individual or Entity |
EXPEREINCE | All experience levels welcome |
REFINANCE MAXIMUM LEVERAGE LOAN –TO-VALUE[4] AND LOAN-TO-COST[5] |
Up to 75% |
PURCHASE MAXIMUM LEVERAGE | Up to 80% |
COST BASIS | Purchases and refinances owned more than 180 days |
REHAB ALLOWANCE | Up to 25% (cosmetic only) |
PROPERTY TYPE |
|
Information about our Wichita Commercial Bridge Loans
City, State | Wichita, Kansas |
Population | 389,938 |
Map Coordinates | 37.69°N 97.34°W |
Median Home Price | $146,700 |
Housing Units Owner Occupied | 90,887 |
Housing Units Renter Occupied | 62,567 |
Hard Money Loan Volume | $268,823,257.20 |
Rental Property Loan Volume | $330,652,606.36 |
Bridge Loan Volume | $94,088,140.02 |
Fix & Flip Loan Volume | $204,305,675.47 |