Top Bridge Loans | Valor Lending Group
When trying to buy the home of your dreams the process can be stressful. It can become even more hectic if the current home you have has not sold. If your current home has equity, a bridge loan could make the process of buying your dream home a bit smother. The application process for a bridge loan is a faster process but also can be a bit risky and more expensive.
A Bridge Loan is a short term loan that is designed to help a borrower during a transitional period. Combining the value of your current home with the home you would like to purchase, the borrower will “bridge” those two items together in hopes of getting the maximum amount of 80% LTV. However, some lenders may have different standards so that could vary.
Valor Lending Group is here to help you with with your loan today.
We work with the absolute best to get you the top rates and scenarios around.
Top Bridge Loans
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 Stephan 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 | 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
We are never too busy for your referrals.
Feel free to reach out to us so we can provide you excellent service and immediate attention!
