Church Bridge Loans
· TERM: 12-36 Months
· AMORTIZATION: Interest Only
· RATE: 8% to 12%+ Depending on Profile
· LOAN TO VALUE: 65% Max
· OTHER NOTES: Bankruptcies and foreclosures accepted, No Credit Score requirements, No Application Fees, Quick Closing & No Personal Guarantees
Lender has vast experience in the Niche Church Lending space dating back to 2013. In addition to direct lending ability, they can also assist in
· negotiating discount payoffs with your current lender
· negotiating new purchase and sale situations.
Lender also has a network of Regional Banks and several Private Funds which provide long-term loans (see permanent loan info below). Simply put they are much more than just a lender.
PERMANENT AND LONG-TERM FINANCE OPTIONS
Working with a Network of Regional Banks as well as Private Equity Funds which specialize in Church/Non-Profit Finance and provide longer term Mortgages and constructionfinance options.
We can help determine best options, provide alternatives and help explain and determine what is the best fit for your specific situation.
LOAN SIZE: $750,000 and above
TERM: 5 - 10- 15 - Year FIXED Rates Loans
AMORTIZATION: 20 - 30 Year Amortization Available depending on Lender/Profile
LOAN TO VALUE: 85% Max
OTHER NOTES: NO Personal Guarantees required. Construction Loans available as well.