Asset Based Capital, Inc can customize short term bridge loan solutions to accommodate loan requests that do not fit our standard programs. Such requests include completely vacant properties in need of repairs, borrowers with problematic credit history, as well as those facing foreclosure.
Property types: Investment residential, Investment condos/co-ops, Multifamily, Mixed use and land.
Leverage: Up to 70%LTV
Loan size: $150,000 to $20,000,000
Lending Area: Nationwide with emphasis on metropolitan areas
Term: 12-24 months
Interest rates: Prime based
Amortization: Interest only
Origination fee: Negotiable
Prepayment penalty: Typically none
Closing time: Typically within 15 days depending on deal complexity
PROVIDERS OF CUSTOMIZED REAL ESTATE FINANCING