Hidden Secrets About Bridge Loans | Valor Lending Group
3 Options | Typically without an appraisal**
Are you ready for a fresh start in beautiful state of California?
Would you like to purchase a new home but your current home has not yet sold?
A bridge loan is a short-term loan, also referred to as a swing loan, cross loan, or flip loan. Figuratively, a Bridge loan is a temporary financing avenue that can provide you with a way to “bridge together” the purchase of your new home with the selling of your current home. Combining the value of your current home with the home you would like to purchase, the borrower will bridge those two items together to usually give you the maximum amount of 65-70% LTV, some lenders this may very.
Valor Lending Group works with the best of the best to get you the top scenario you could imagine. With our unmatched communication skills and tricks of the trade you will be blown away with the experience you will have working with our team of professionals.
Bridge loans are available for numerous types of property such as:
- Residential
- Owner occupied or investment (non owner occupied)
- Single-family, multi-family, apartment buildings
- Commercial
- Industrial
We are ready for you CALL or EMAIL TODAY!
Hidden Secrets About Bridge Loans | Valor Lending Group
3 Options | Typically without an appraisal**
Valor Bridge Owner Occupied:
Do you need to pull cash out of your primary residence for a business purpose?
- Property being used as the borrower primary residence
- terms of up to 11 months
- Max LTV of 75% on 1st TD | Max CLTV 65% on 2nd TD
- No Prepayment Penalty
- Interest Only starting in the 7’s
*Owner occupied for California Properties ONLY
Valor Investment Property | Non owner occupied:
Property being used as the borrowers investment property
- Terms 1 to 5 year
- Max LTV of 80%
- No Prepayment Penalty
- Interest Only starting in the 7’s
Valor Cross-Collateral Loan:
Do you have a portfolio with properties that have available equity?
- Leverage for 100% financing when crossing other real estate owned at 65% CLT for 100% Financing
- Terms of 1-2 years
- Max CLTV of 65%
- No Prepayment Penalty
- Interest Only starting in the 7’s
**no Appraisal Subject to lender discretion on a case by case basis
Needs for Quote (Email Allison the following):
- Property Address:
- Purchase Price (for Purchase):
- Property “as is” Value:
- Current Balance (for Refinance):
- Total Monthly Rents (confirm if long term or short term Airbnb leases):
- Monthly Taxes and Insurance:
- Approx. Credit Score:
- Vesting in and Entity or Individual name:
Other Programs Available | Top California Bridge Loans
- Hard Money Loans
- Fix and Flip Loans
- Commercial Loans
- Save your Deal | We Save Deals
Recap of our Loan Products:
- Hard Money Loans (20% down / minimal documentation) Typically Fund in 7-10 days.
- Stated Income Loans (Great for business owners and self employed ) No tax returns!
- 100% financing is available (we can cross collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow – No DSCR Coverage needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground up Construction for spec homes, custom homes and commercial ground up.
- Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
- 5% down Jumbo’s with NO MI up to $2mm / 10% down up to $3mm
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
We also offer:
- Conventional Conforming Loans (under $510,400)
- High Balance Conforming (from $510,400-$765,600)
- Jumbo Loan Financing to $10 Million / Super low rates! / 10% down Jumbo to $3mm
- FHA, USDA
- Reverse mortgages up to $1 Million Value
- Cash Out Refinancing
Hidden Secrets About Bridge Loans | Valor Lending Group
3 Options | Typically without an appraisal**
We are never too busy for your referrals.
CONTACT ME TODAY for immediate attention to your scenario!
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