Phone: 866-500-4500
Website: http://www.bridgewellcapital.com/
Address: 710 Vassar St, Orlando Orlando, FL 32804
States They Lend in: Florida, North Carolina, Massachusetts, Indiana, Michigan, Georgia, Tennessee, Colorado, South Carolina, Virginia, Missouri, Arkansas, Maryland, New York, Utah, Nebraska, Texas, Iowa, Kansas, Minnesota, New Mexico, Pennsylvania, Wisconsin, Maine, Rhode Island, Wyoming, Idaho, South Dakota, Illinois, Ohio and Connecticut
Avg. Closing: 7-10 Days
Minimum loan amount: $60k
Maximum loan amount: $5MM
Loan Terms: 2 to 30 years, depending on the loan program
Minimum down payment: 10% of the Total Project Cost (“TPC”) plus closing costs. TPC includes purchase price and rehab costs.
Maximum LTV: can range from 60% to 75% of the After Repaired Value (“ARV”) based on the loan program.
Type of Properties They Loan On:
- Detached residential, non-owner occupied properties (1 to 4 units)
- Commercial properties including (but not limited to):
- apartments,
- retail spaces
- mixed-use buildings
Properties They Do NOT Loan on:
- mobile or manufactured homes
- gas stations
- strip malls
- new construction projects
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