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What is a Simple Bridge Loan?
Simple Bridge Loans are for Investors looking to quickly purchase or refinance 1 to 4 family properties that need little to no rehab.
Perfect for Wholesaling or Wholetailing
Use for cosmetic rehabs funded out of pocket. Avoid ARV appraisals, draw fees, and wasted time
Quickly close on rental properties you plan to refinance after minor repairs and tenant placement (BRRRR)
Get cash out of a property you already own or refinance your existing loan
Simple Bridge Loan Process
Quote
Request
​
Submit your deal details and get written terms within 1 business day
Provide
Documents
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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!
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The loan documents are prepared and closing is scheduled
Simple Bridge
Program Summary
All Levels of Investors Welcome
Rates: 11% to 12%
12 Month Terms
Interest Only Payments
Up to 85% of Purchase
Up to 75% of AS IS Value
Simple Bridge Loans Available in Metro areas of AL, FL, GA, IN, MO, NC, OH, PA, SC, TN, TX & VA
Points: 1.50% to 2.00%
1 to 4 Family Properties
No Tax Returns Required
No Appraisal Required
680 Minimim Credit Score
5-10 Business Day Close
Purchase or Refinance
Cash Out OK
Simple Bridge Loan Process
Submit Information & Get a Quote
Send Requested Documents
Underwriting & Property Valuation
Go to Closing!
Simple Bridge Loans Offer Flexibility & Speed
Purchase or Refinance
Cash Out Refinance OK
Property can be vacant or occupied
Use for Wholesaling and Wholetailing
Quickly take down rental properties
Great for light rehabs and quick flips
No DSCR or cash flow requirements
No Appraisal required on most deals
Fast Pre-Approval Letters for Quick Offers
Buy Property with as little as 15% down
Use to season a vacation rental then refinance
Perfect for using the BRRRR Method
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