ANYBODY NEED A RESIDENTIAL OR COMMERCIAL BRIDGE LOAN FROM A DIRECT LENDER?

[Monty Yeager]

I can help! My name is Monty and I am an AE with Capital Three Sixty, a Correspondent Lender offering direct funding in 44 states. Below is information on our 18 to 24 month Bridge Loans. Beneath that is a short list of info I need in order to give you an accurate price quote. Please email me at [e-mail]. 

*** Mortgage Brokers - Contact me if you want your loans funded!

Bridge Loans (up to 24 months) Guidelines & Pricing:
Loan Amount: $75k-$3M
Minimum As-Is Appraised Value: $75k
LTV of Purchase price: up to 75%
LTV Refinance : up to 70%
LTV Refinance cash out: up to 65%
Collateral: Non-owner Occupied 1-4 Family Residential Properties; Warrantable Condos; Townhomes; Planned Unit Developments (PUDs)
Term: 24 months plus a 12 month extension 1% fee
Pre-payment penalty: 5% Prepayment Penalty First 6 Months; No Penalty Thereafter
Rate: Starting at 8.99%
Points: Vary based on loan amount but in general 1.5 to 3 pts
Credit Score: 650 Minimum

Initial Info Needed for a 18 to 24 mo bridge or 30yr Fixed Loan quote:

• ​Address

• Purchase price or value

• Date Purchased (if refi)

• Original Purchase price (if Refi)

• FICO score

• Actual rents per unit

• Market rent if not leased

• Taxes

• Ins cost

• HOA

• Flood Ins Cost

Monty Yeager

Capital Three Sixty