Mortgage

Bridge Loan HELOC – MortgageDepot

our Bridge loan programs provide short-term financing to real estate investors and homeowners. The program is now available for independently traded first and second lien positions, making property transitions smooth and efficient. The $149 monthly bridge service fee begins after closing and continues until the loan is paid off in full.

  • Loan amounts up to $1,000,000
  • Up to 80% LTV/CLTV
  • Minimum FICO score is 680
  • Automated Valuation Model (AVM) accepts loan amounts up to $400,000
  • Flexible DTI: Newly purchased properties are not included in the gearing ratio
  • Low closing costs, no balloon payments, and no prepayment penalties

We specialize in home equity loans. This is something we are good at. We offer other HELOC plans, so arrival See how we can help you.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button