Every borrower deserves a loan and with our bridge loan product, those borrowers looking to refinance or purchase N/O/O SFR, 2-4-unit properties, 5+ unit multi-family, Mixed Use ,Office & Retail or Industrial, or to Construct, now have just that. We even finance properties in rural areas and those with minor to significant deferred maintenance. With just about any credit profile New England Valley is the home for your next bridge loan request. Our bridge products are usually used by Real Estate owners that only want to borrow money for a short period of time (up to 60 months) then want to exit out of our loan to obtain bank financing.
- No Income Proof Needed
- No Income Stated on 1003
- No DTI Ratios
- No DSCR calculated on residential properties
- Rates as low as 6.99%
- LTV up to 80%
- Loan Amounts from $50,000 â€“ $15,000,000
- Lending to LLCâ€™s, S-Corp, Trust or Individuals.
- Property Types Include: SFR, Condo, 2-4 Units, Multifamily, Mixed-Use, Office, Retail $ more
- Interest Only Option Available
- Foreign Nationals â€“ OK
- 100% Gift Funds â€“ OK
- Rural Properties
- Short Term and Long Term Bridge Options are Available
- No source & seasoning of down payment options
Bridge Loan Financing/Hard Money
We are looking for quality properties and sponsors with good credit or those with problems: owner-user, investor sponsors, or corporate entities that need a mortgage solution for acquisition, rate and term commercial refinance, or cash out. Competitive mortgage rates and fast closings are available for most commercial & multifamily properties, such as Retail Centers, Office, Mixed Use, Self-Storage Facilities, Light Industrial, Warehouse, Mobile Home Parks, and Multifamily, Apartment, Senior Living Facilities, Owner Occupied Restaurants, Liquor Stores, & well-located, low-leverage Land Loans. Call or message us today for a complete list of property types.
We look for real cash and or equity into the deal. NO â€œ100% financingâ€ will be offered today. We value your time and business. Quick and honest answers are what our clients have learned to expect from New England Valley.
Getting Started with New England Valley
Simply begin by taking a few minutes to view our comprehensive website. From there, please begin your loan approval by using our brief, online application, or call us to discuss your unique situation. Generally, weâ€™ll tell you immediately if we think we can help or provide you with the reason(s) for not proceeding with the loan request. Throughout the loan process, your New England Valley representative will work closely with you to keep you informed and be available to answer any questions. The end result is that you get the service you want, the funding you need, when you need itâ€¦.Solutionsâ€¦.Not excuses!
Most Commercial and Multifamily Property Types will be Considered for Hard Money!