Financing Types: Purchase & Rehab, Refinance
Construction Loan Term: 13-19 Month Fixed Interest, Balloon Note
Permanent Note Term: ARMs and Fixed, 30 Years from Modification, Fully Amortizing
Property Types: SFR 1-4
Single Property
Minimum Loan ARV: $75,000
Maximum Loan Amount: $5,000,000
Minimum Credit Score: 620
The permanent financing loan is a 30-year fully amortizing loan that can be fixed or on a 5/1 or 10/1 ARM. Rates will be set at time of loan conversion. Final rates vary based on LTV, loan type, loan amount, verification of application information, and other risk based factors
*Twin Bridge Capital's Renovate to Rent and Build to Rent loan offerings allow real estate investors to combine a fix and flip and/or construction loan with a 30-year rental property loan in a simultaneous close. This first-of-its-kind loan will allow investors to fix/build and hold a property versus selling the property or searching for a new permanent loan. For real estate investors, one closing instead of two creates major benefits, including: streamlined underwriting, significantly reduced costs and fees and committed long-term financing for the subject rental property. No other specialty lender offers a single-close product to real estate investors nationwide. In addition we have an in house residential mortgage brokerage (CML) for conventional and government loan products if this product is not for you.
