Blue Bay Capital

Loan programs

Terms & qualification

Typical loan size

$50K – $417K

Typical term

6 mo – 24 mo

Interest rate

9% – 12.5%

Origination / points

3.25% to 5%

Minimum FICO

620

Lien position

1st, 2nd

Prepayment penalty

no

Payment structure

Interest Only

Recourse

Always

Closing speed

15 days typical · 2 days fastest

Cross-collateral

Yes

Equity / JV capital

Yes

Income documentation

Credit Report, Bank Statements, Loan Application

Borrower entity

LLC, Limited Partnership, Corporation

Property types

Lending footprint