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 Saint Paul Commercial Bridge Loans
City, State | Saint Paul, Minnesota |
Population | 308,096 |
Map Coordinates | 44.94°N 93.10°W |
Median Home Price | $231,500 |
Housing Units Owner Occupied | 57,817 |
Housing Units Renter Occupied | 52,965 |
Hard Money Loan Volume | $212,401,382.40 |
Rental Property Loan Volume | $261,253,700.35 |
Bridge Loan Volume | $74,340,483.84 |
Fix & Flip Loan Volume | $161,425,050.62 |