STABILIZED BRIDGE

Loan Program

STABILIZED BRIDGE Loans

FundRock Capital offers short-term bridge financing, fix and flip financing, & long-term rental financing for 5+ unit apartments.

LOAN CRITERIA

Collateral

Multi-Family Apartment Buildings (5+ Units); Mixed-Use Properties (Residential Space Must Represent 70%+ of the Property's Total Square Footage)

Term:

12 – 18 Months (Extended Terms Available)

Loan Amount:

Short-Term: $250k – $2.5M ($1M Max per unit)

FICO:

Short-Term: 660 Minimum

LTV:
Stabilized Bridge

Purchase: Up to 75% of the As-Is Value Refinance: Up to 70% of the As-Is Value Cash-Out: Up to 65% of the As-Is Value

Fix & Flip

Purchase: Up to 80% of the Purchase Price + 100% of Renovation Costs Refinance: Up to 75% of the As-Is Value + 100% of Renovation Costs Cash-Out: Up to 70% of the As-Is Value + 100% of Renovation Costs