~Bridge Loan Programs~
Property Types: All types of Commercial and Multi Family 5+ units
Closing Time: 10 Days to 3 weeks
Term: up to 1, 3, 5 Years
Rate: 9.5% to 15%
Down Payment: Seller 2nd O.K. – Down Payment Amount Varies
Reserves: 10% of loan amount, plus 6 months payments
Payment Type: Interest Only & Fully Amortized Options Available
Pre-Payment Penalty: Yes for 1st. to 6th. Month none Thereafter
Lender Points: 4 to 8
Total LTV: up to 65% - 100%
Loan Minimum: $100,000 to 10,000,000
Credit Score: Not Score Driven
Document Type: Full
Title Vesting: Personal or Corporate
Credit Reporting: Defaulted Accounts Only Reported
LTV Includes: Purchase Price, & Repairs
Area of Lending: Nationwide
Process
Mr. Zoran Bozovic
New Frontier Financial, LLC
Chief Executive Officer
OFFICE: (800) 871-2756 Ext #1
FAX: (866) 223-7660
Conference Call 712-451-6100
Access Code: [728030#]
COMMERCIAL DIVISION: (800) 792-0922 EXT: 1197
zoranbozovic@seniorcommercialcapital.com
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