Mini-Perm Commercial Real Estate Bridge Loan

The Mini-Perm Loan helps the investor capitalize on unstable commercial investments through the use of flexible financing. Delivering the common-sense lending solutions you need for commercial properties that require an opportunistic acquisition, stabilization, rehab or other unique scenarios. Available in major markets nationwide for commercial and multifamily properties, providing the opportunity to finance your property quickly and maximize your return-on-investment. Braxton and Company is an approved wholesale broker for a national conventional and conduit lender which can provide permanent financing upon stabilization, creating a seamless exit strategy. The bridge loan offers speed, flexibility and simplification.

 

 

Key Points

Up to 80% of Appraised Value

Used to Stabilize Property

No Minimum FICO Score

Fixed and Interest Only Options

Quick Closings 2-4 Weeks

 

 

Terms

$1 million - $25 million

LTV: up to 80%

Interest: from 5.50%*

Rate: Fixed & ARM Options

Term: 2, 3, 4 and 5 year options

Amort: 15, 20, 25, 30 & Interest Only

DSCR: 0 - 1.20x minimum

PPP: Step Down Prepay, Yield Maintenance

Recourse Not Required

 

 

Purpose

Acquisition

Refinance

Rehab/Renovation

 

 

Collateral

Hotel

Industrial

Mixed Use

Mobile Home Park

Multifamily

Office

Retail

Single Tenant

Self-Storage

Student Housing

Warehouse

 

 

*Rate dependent upon term, leverage, amortization, and prepayment penalty.