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	<title>FBC Funding &#187; asset based bridge loan</title>
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		<title>Quick Close Bridge Loan Program</title>
		<link>https://www.rehablender.net/quick-close-bridge-loan-program/</link>
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		<pubDate>Fri, 05 Apr 2024 19:52:43 +0000</pubDate>
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				<category><![CDATA[Bridge Loans]]></category>
		<category><![CDATA[asset based bridge loan]]></category>

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				<content:encoded><![CDATA[<h2 style="text-align: center;">Quick Close Bridge Loan</h2>
<p style="text-align: center;"><a href="https://www.rehablender.net/wp-client_data/20210/3688/uploads/2024/02/Bridge-Loan-L.png"><img class="alignnone size-medium wp-image-6146" src="https://www.rehablender.net/wp-client_data/20210/3688/uploads/2024/02/Bridge-Loan-L-300x200.png" alt="Bridge Loan " width="300" height="200" /></a></p>
<p style="text-align: left;"><span style="font-size: 14pt;">Are you looking for an asset based quick close bridge loan program that can close in five to ten days with no appraisal, no credit report, no lengthy due diligence and no red tape? Our Quick Close Bridge Loan Program may be for you. We prefer cash flowing rental properties with DSCR 1.25%. Our program is an Asset Based Quick Close Bridge Loan for stabilized rental properties.</span></p>
<h2 style="text-align: left;"><span style="font-size: 14pt;">Quick Close Bridge Loan Overview</span></h2>
<p><span style="font-size: 14pt;"><span class="d-none d-sm-inline-block">We put our borrower&#8217;s needs first.</span> We care about what you care about. Contact us to find out more.</span></p>
<ul>
<li class="lead d-none d-sm-block"><span style="font-size: 14pt;"><strong>Loan Amount:</strong>                    $100,000 &#8211; $3,000,000</span></li>
</ul>
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<div id="bridge-loan" class="feature feature-3 boxed boxed--lg">
<ul class="bridge-loan-terms">
<li><span style="font-size: 14pt;"><strong>Security: </strong>                               First Mortgage Lien or Deed of Trust</span></li>
<li><span style="font-size: 14pt;"><strong>Loan Purpose:</strong>                    Purchases, Refinances, and Cash-Out</span></li>
<li><span style="font-size: 14pt;"><strong>Asset Types: </strong>                        1-4 unit investment residential and 5+ unit multifamily</span></li>
<li><span style="font-size: 14pt;"><strong>Loan Term:</strong>                          12 months <em>(extension options available)</em></span></li>
<li><span style="font-size: 14pt;"><strong>Interest Rate:</strong>                      12%</span></li>
<li><span style="font-size: 14pt;"><strong>Prepayment Penalty:</strong>       6 months</span></li>
<li><span style="font-size: 14pt;"><strong>Origination/Exit Fees:</strong>    4-5%</span></li>
<li><span style="font-size: 14pt;"><strong>Loan-To-Value:</strong>                  Up to 65%</span></li>
<li><span style="font-size: 14pt;"><strong>Closing:</strong>                                  As few as 5 Days</span></li>
<li><span style="font-size: 14pt;"><strong>DSCR:</strong>                                     Minimum 1.25 <em>(interest reserves available)</em></span></li>
<li><span style="font-size: 14pt;"><strong>Amortization:</strong>                     Interest Only</span></li>
<li><span style="font-size: 14pt;"><strong>Geographic Focus:</strong>           Nationwide <em>(excluding AK, AZ, CA, HI, MN, NV, and OR)</em></span></li>
</ul>
<p><span style="font-size: 14pt;">There is no minimum credit score for our program we are asset based. Therefore, if you are looking for a quick close bridge loan to purchase a property, refinance a property or get cash out we can close in five to ten days. For higher LTV&#8217;s and lower costs we have other bridge loan products that can go up to 80% based on property type, borrowers credit and experience.</span></p>
<p>For more information on the Quick Close Bridge Loan for stabilized rental properties or other bridge loan programs contact us today.</p>
<p>Call 888-848-3114</p>
<p>Email info@fbcfunding.com</p>
<p>Schedule a free loan consultation https://calendly.com/fbcfunding/15-minute-loan-consultation</p>
<p>FBC Funding is here to help you.</p>
</div>
</div>
<p>The post <a rel="nofollow" href="https://www.rehablender.net/quick-close-bridge-loan-program/">Quick Close Bridge Loan Program</a> appeared first on <a rel="nofollow" href="https://www.rehablender.net">FBC Funding</a>.</p>
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