A streamlined and common-sense underwriting approach is employed when evaluating and funding bridge loans. Our goal is to underite and fund bridge loans in 2 - 4 weeks. We are set-up to process time-sensitive transactions.
Ground-up construction financing is available for the U.S. and select European projects. Equity and Debt financing capital stack may be arranged for qualifying projects. We can finance multi-family, condo projects, 1-4 residential and mix-use.
A wide range of loan programs are available to fund fix & flip projects for experienced investors. We also offer a 'pre-approval loan for fix & flip investors so they can approach acquisitions of new properties practically as 'cash purchases'.
$500,000 up to $20 Million
Close in 2 - 4 weeks on a streamlined bridge loan
$500,000 up to $100 Million
Debt & Equity financing available for real estate development projects in the U.S. and Europe
$100,000 up to $5 Million
Loans up to 90% LTC
$100,000 TO $100 MILLION
QUICK COMMITTEE DECISIONS
RATES START IN SINGLE DIGITS, TO BE DETERMINED BY RISK
2-4 WEEK RUSH CLOSING POSSIBLE ON BRIDGE LOANS
NO PRE-PAYMENT PENALTY LOAN IS AVAILABLE
UP TO 90% LTC & 65% LTV FINANCING
PREVIOUS APPRAISALS ACCEPTED IN SOME CASES
(SUBJECT TO MANAGEMENT APPROVAL)
STATE RESTRICTIONS: MN, ND, SC, UT, VT
Call now for a 5-minute confidential consultation. Get approved in 24 - 48 hours, close in 2 - 4 weeks. (212) 208-1407 or email info@ovationpc.com