BRIDGE/JUMBO LOAN PROGRAM

What is a bridge loan?.

A bridge loan is a short-term financing solution intended to "bridge the gap" between buying a new property and selling an existing one. Real estate investors who require rapid access to funds to acquire a new property or finance improvements while they wait for the sale of another property sometimes use these bridge loans.

Best Private Funds LLC works to provide quick approval and funding procedures for bridge loans since we recognize that time can often be of the essence in real estate transactions. This enables borrowers to act fast to acquire real estate or seize opportunities that are time-sensitive.

When you need short-term finance to close a deal on a property, our bridge loans offer real estate investors an easy and accessible financing solution. In order to assist borrowers in reaching their real estate investment objectives, Best Private Funds LLC provides prompt approval.

Guidelines for Bridge and Jumbo Loans
MAXIMUM PERMITTED (with excess initial loss):
Maximum 90% (As-Is LTV)
90% (LTC)
75% of the LTV "As Repaired" With Permission
Maximum 12-Month Loan Terms
FICO minimum of 620
90% LTV and up to 75% ARV on "as is"
Loan Amount: $50,000 Minimum, $2 million Maximum
It is not available in states where Best Private Funds does not trade or in jurisdictions where it is illegal.

Only real estate that is occupied by non-owners is eligible for loans. This does not imply a loan commitment. Every credit offer is pending approval. There can be limitations. Rates and policies are subject to change at Best Private Funds' discretion. Disclaimer: Under no circumstances may the aforementioned remarks be interpreted as Best Private Funds LLC's promise to offer any finance.