Bridge and Flex Term Loans
These loans are for properties that need little to no repairs.
Bridge or Flex Term loans
allow investors to purchase properties to hold for a short term until an end buyer
purchases the property.
Imagine: Youʼre a real estate investor who has been working on a great deal for months.
Finally everything gets accepted, it's a good deal and you know with a little time it will
sell, but you have no buyer in sight.
An ICF loan allows you to close on the property
when needed, and find your buyer, with little to no money out of pocket.
General Guidelines: (May vary by Property, call for details)
| Loan Amounts |
$75K - $500K (exceptions possible) |
| LTV |
Up to 70% of Current Market Value |
| Closing Cost & Fees |
Can be rolled into loan |
| Credit Requirement |
No FICO, but credit is reviewed |
| Income, Asset Etc |
Full Doc, Limited Doc & NO Doc |
| Loan Term |
6 Months (180 days), Term Extensions available |
| Payment Terms |
Balloon, No monthly payment |
| Pre-Payment Penalty |
NONE |
| Vesting |
Individual or Entity |
| Lending areas |
Colorado |
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