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 Columbus Commercial Bridge Loans
City, State | Columbus, Ohio |
Population | 898,553 |
Map Coordinates | 39.98°N 82.98°W |
Median Home Price | $173,300 |
Housing Units Owner Occupied | 167,715 |
Housing Units Renter Occupied | 200,776 |
Hard Money Loan Volume | $619,462,438.20 |
Rental Property Loan Volume | $761,938,798.99 |
Bridge Loan Volume | $216,811,853.37 |
Fix & Flip Loan Volume | $470,791,453.03 |