AUCTION LOAN DETAILS
If you have found a house or spaces at a property auction but need time to get a mortgage a bridging loan could be the answer.
LOAN SIZE: $100K – $50M
LTV: Up to 65% LTV
LOAN TERM: 12 months
CREDIT SCORE: Min. 600 FICO
LENDING AREA: Nationwide – 50 States
OCCUPANCY: Non-Owner Occupied
LOAN TYPE: Live Auctions & Online Auctions
PROPERTY TYPE: Single Family Home, Condo Multi-Family and Commercial
BORROWER PROFILE: Individual, LLC, Limited Partnership Or Corporation