Light & Heavy
Rehab Bridge
Put as little as 10% down and cover up to 100% of your rehab — with a desk that turns your file around in 1 business day.
Get My RateGuideline changes now in effect on every new submission.
Lower Credit Bar
Minimum FICO is now 650. A dip from material-cost revolving balances doesn't have to sideline a good sponsor.
Bigger Rehab Budgets
The $250K rehab cap is gone once you've closed one deal before. Fund the scope your project actually needs.
Florida Condos Welcome
No more LTV penalty and no more $2MM ceiling on Florida condo and condotel deals.
More Time to Build
Terms now run up to 24 months, so a longer project doesn't turn into extension pressure.
More Markets Open
We dropped the population-density minimum — more secondary and infill markets qualify. (Rural still isn't a fit.)
Foreign Nationals Welcome
Non-Permanent Resident Alien and Foreign National sponsors now qualify, subject to LTV adjustment.
Priced by your experience — the more deals you've closed, the better it gets.
Full Rate Grid — By Experience
| Experience | Light / Stabilized | Bridge (No Rehab) | Heavy | Ground Up |
|---|---|---|---|---|
| 10+ | 8.500% | 8.500% | 9.000% | 9.500% |
| 3+ | 8.750% | 8.750% | 9.250% | 9.750% |
| 1+ | 9.500% | 9.500% | 10.000% | 10.500% |
| 0 | 10.250% | 10.250% | 10.750% | 11.250% |
Final rate reflects credit, leverage, asset class, and loan size at underwriting. Your desk will confirm exact terms with your submission.
Three steps between you and a funded deal.
Submit Your File
Send the property, budget, and your experience level.
1-Day Condition Review
Most submissions get a response in a single business day.
Close With Confidence
1-unit properties qualify for a hybrid valuation — no full appraisal required.
Minimum property-value floor requirements have also loosened in select markets. Ask your desk for the current schedule.