Bridge

Bridge Loan

TIER I Loans 8.99%
TIER II Loans 9.49%
Origination Points 2%
Exit Fee 1%
Loan Term 2 yr IO
PPP None
Insp. & U/W Fee $2k - $2.5k
Available Options
Non-Recourse +1/2% int rate
Buy Down 1/2% Orig Pt N/A
Buy Down 1% Orig Pt +1.5% Exit Fee

IO = Interest Only / PPP = Pre-Payment Penalty