Our Clients use Simple Bridge Loans for:
BRRRR
Wholesaling
Rehabs
Wholetaling
Rental
Short Term Rental
Program Details
Property Types
1 to 4 Family Properties
Loan Term
12 or 18 Months
LTC/LTV
Up to 85% of purchase/75% of value
Up to 70% for refinance
Loan Type
Interest Only; Payments Monthly
Full Recourse to Guarantors
Minimum Credit Score Required
Middle Score of 680
Loan Amounts
$50,000 to $1,000,000
Loan Purpose
Purchase or Refinance
Rehab, Wholesale, Wholetale, Rental
Experience Requirements
We provide loans for any level of investor
Simple Bridge Loan Process
Quote
Request
Submit your deal details and get written terms within 1 business day
Provide
Documents
Loan App, Contract, Entity Docs, ID, Insurance, Bank Statements
Underwriting & Valuation
We will review documents and obtain a valuation of the property
Go to
Closing!
The loan documents are prepared and closing is scheduled
Simple Bridge Loans Available in:
AL, AR, CO, DOC, FL, GA, IL, IN, KY, MA, MD, MI, MO, MS, NC, OH, PA, SC, TX, VA
*Loan terms and deal structures are subject to Straightline's verification of credit, background and real estate investing experience. Not all clients will receive the maximum advance rates or the lowest interest rates. All loan submissions are subject to underwriting.
