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01-09-2020, 05:44 PM #1
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 727
Bridge Real Estate Loans
Do you run an MCA shop? Have a real estate loan to place? Dont want to use the other MCA "hard money guys"
Dont have time to call all the hard money lenders online? We pay all brokers.
Use our experience to get your real estate bridge loans funded.
True Bridge Loans for Commercial Real Estate
Real Estate Bridge Loan Program:
Georgia / IL /Arizona / New Mexico / Florida / Texas / Colorado / California / NY / NJ
Property Types Commercial, Hotel, Storage, Medical and Office, other commercial case by case. Residential NON Owner Occupied. NO FIX AND FLIP residential. NO construction
Commercial up to 75%
Purchase and Refinance
ALL Purchase deals borrower must have at least 15% cash into purchase.
1st and 2nd Liens
2nd Liens must have available equity and $500k Min Loan Amount LTV up to 65%
2nd liens require additional financials and bank statements, tax returns
Land up to 50% LTV (TX,CALI,AZ only)
Loan Amounts $250,000 - $15M Lite Doc or No Doc Bridge Loans
$5M + need full financials, tax returns, PFS, rent rolls new Appraisals
Some Locations we CAN FUND WITHOUT AN APPRAISAL!
Rates from 7-17%
CLOSING IN 5-10 DAYS
Points depending on the deal/risk
RECENT DEALS:
$550,000 cash out on raw land in Austin 10% 2 year Note. 5 Day Closing
1.9 Million Refinance of Restaurant in BK. 4 day closing. Dallas Texas
$2.2M Purchase of Investment Property in California. 3 Day Closing. 12%. No Appraisal NO income verification.
info@ omega fund dot com
Benjamin Zuniga
Omega Funding LLC
15 years in business
www.omegafund.comLast edited by omegafund; 01-13-2020 at 10:30 PM.
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