Bridge Loans
Need more time to turn a property or complete your light rehab project? Consider a FACO Bridge Loan. Time is money, we offer both.
Key Facts About Our Bridge Property Loan
- As-is appraisal only, no ARV
- Self-funded cosmetic rehab allowed (up to 25% of cost basis)
- Up to 80% LTV for purchases
- Up to 75% LTV for refinances
- Individual property loan amounts from $50K to $3MM
- Optional interest reserves
- NO prior experience required<
- 12- or 18-month property loan terms
- Minimum 620 FICO
