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First Bridge Lending

Petaluma, CA·Founded 2012·4 states
First Bridge Lending offers residential business-purpose loans, commercial bridge loans, and owner-occupied bridge loans. Common purposes include acquisition, refinance, fix-and-flip, rental, renovation, lease-up, and cash-out.
First Bridge Lending describing itself

Loan programs

Maximum leverage
Max LTV 70%
Maximum leverage
Max LTV 70%

Terms & qualification

Typical loan size
$100K – $10M
Typical term
6 mo – 24 mo
Interest rate
8.75% – 11.49%
Origination / points
1% to 2%
Lien position
1st
Prepayment penalty
None on published bridge programs
Payment structure
Interest-only
Recourse
Always
Closing speed
5 days typical · 3 days fastest
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation

Property types

Lending footprint

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.