SFR Guidance Line

Property Types

Loan Scenarios

 

SFR Guidance Line Parameters

  • Alternative bridge loan facility to line of credit
  • Facility size up to $15,000,000
  • Each advance has its own maturity up to 2 years with two 6-month extension options
  • No prepayment penalty
  • Interest only
  • Properties requiring major renovations are acceptable, but not ground-up construction projects
  • Full and limited recourse options available
  • Floating rates starting at 5.99%
  • No up front fees; fees charged only when utilized and no legal documentation costs thereafter

Talk to an Associate

How can we help?

x