Clients who need a fast close often turn to Multi-Family Bridge Loans. Standard bank loans take much longer to approve, with a drawn-out and meticulous process. Sometimes extending the purchases well past the COE. Even worse, getting denied in the middle of your transaction or having the seller walking because its taking too long. Why do that to your borrower and yourself?
Valor Lending Group can submit the loan and get approval in the same day. Shaving weeks off your transaction timeline. In most cases fund in the same week. Cash is king, and lenders prioritize it to deliver the fastest real estate loan transactions. What better way to be aggressive when writing offers?
Due to the expedited application and approval process of the Multi-Family Bridge Loans, your offer could be consider as cash. No more waiting for the bank to submit, getting a conditional approval days after submission, submit conditions to just wait for more conditions to arise, or worse getting denied after all the hard work you have put in.
Multi-Family Bridge Loans Highlights
- No Income Verification
- No Tax Returns
- No PFS Or SREO Required
- No NOI Requirements
- No Unit Count Limit
- FICO Down To 620
- Up To 70% Purchase | 60% Cash-Out
- Minimum FICO 620
- ITIN & Foreign Nationals Welcome
- Loan Amounts Up To $10MM
- Ideal for value-adds, fast closings, and transitional properties
Call Adam Lawrence today at 858-344-0323 to discuss all and any loan scenario or email at alawrence@valorlending.com
