Bridge loan are short-term loans, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing.
• Condominiums.
• Single-family residences.
• Two to four units.
• Multifamily homes.
• Townhouses.
• Condo-Hotels
Max Loan Amount: $10,000,000
Max LTV (Loan to Value): 70%
Term of loan: 12-24 months
Payments: Monthly Interest Payments with Balloon at Maturity
Prepayment penalty: None
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MaxOut Funding
NMLS #1890873
150 S Pine Island Rd Suite 300 Plantation, FL 33324