STABILIZED BRIDGE FUNDING

ATTENTION INVESTORS

You were invited to our website to get approved for our Bridge Program. Bridge Program is designed for:

Single Family dwellings
2 to 4 Units
Townhomes
Condos
PUD
Mix Use – Case by Case

So if you recently finished renovation or construction and currently or soon be listed on the market for sale or just not ready for permanent financing, then our program is great for you.

BRIDGE PROGRAM IS AVAILABLE NATIONWIDE

EXCEPT: MN, ND, OR, SD, UT & VT

Guidelines:

This program has standard guidelines and here’s just a few:

Loan Amounts:$75K to $2M
Term: 12mos – 18mos
Minimum
FICO: 660+
Rate: 7% to 14%LTV:Up to 70%
Max LTC:Up to 85%

NOTE: All projects that does not fit our Wholesale Guidelines, we may get your project closed on the Retail side. Submit your application today to start the 3-Step Process to determine approval.

MINIMUM REQUIREMENTS:

Must be able to show proof of income
Application Fee�
A Tri-Merge Credit Report fee of $57
A valid Driver’s License or State ID
Must have a Checking Account
A Social Security number

Bridge Loan – Checklist

Below, you’ll find the documents that are needed to receive a Conditional Quote.
Put “N/A” for those that do not apply to you.

Received:

3 months of Recent Bank Statements (all pages – Business & Personal)
Agreement of Sale (if purchase)
Articles of Organization, EIN & signed Operating Agreement
CD Contact Form (download from our website)
Driver’s license or State ID. (Must be color for verification purposes)
Guarantor Form (download from our website)
Payoff (if refinance)
Personal Financial Statement (download from our website)
Property Management Questionnaire (download from our website)
Social Security card
Track Record & REO Form (download from our website)

Here are the steps moving forward

Subject Property Address in Subject Line when sending back the documents.
Budget of project, purchase price, or Loan Amount.
After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
Down Payment -Bank Statement or Statement for down payment if applicable.
Check your credit scores here: / send or upload a copy of the report and all scores.
Please send me a copy of your credit report with scores and the attached documents.
Please see the attached loan application, credit authorization and all documents needed to move forward.

Send all documents on checklist to: info@myfundingmentor.com