The Best Bridge Loans in California
3 Options | Valor Lending Group | Typically without an appraisal**
The Best Bridge Loans in California: Are you buying a new investment property?
Are you buying a new investment property and need to pull cash out of other real estate owned for the down payment?
Do you need cash out from a current property owned to pay off a business purpose?
Do you need cash out from a current investment property to improve that investment property?
The Best Bridge Loans in California
First we have our 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 72% on 1st TD | Max CLTV 65% on 2nd TD
- No Prepayment Penalty
- Interest Only starting in the 9s
*Owner occupied for California Properties ONLY
Valor Investment Property | Non owner occupied:
Property being used as the borrowers investment property
- Terms 1 to 2 year
- Max LTV of 80% | note: Are you buying below market value? We can use the higher “as is” value with as little as 10% down!
- No Prepayment Penalty
- Interest Only starting in the 7s
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 9s
**no Appraisal Subject to lender discretion on a case by case basis
Needs for Quote (email Mikey B 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
- Hard Money Loans
- Fix and Flip Loans
- Commercial Loans
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