FAQ

This can vary between different loan programs but borrowers do not generally need to have any prior experience. In fact, we love helping first time borrowers complete their first deals!

In certain cases, some loan costs can be included in the loan amount.

The best way to start is speaking with a loan officer about your deal or fill out our Get A Quote form

A bridge loan is a short-term, usually interest-only, loan. The term is generally 12-18 months, and this loan functions as a means to an end (i.e. a “bridge”). Usually the borrower uses this type of loan to acquire a fix and flip opportunity, or to acquire a property where an end loan product is not currently available in the market

DSCR stands for Debt Service Coverage Ratio. This is essentially the ratio of operating expenses (i.e. principal and interest on a mortgage, property taxes, homeowners insurance, flood insurance, and HOA/condo dues) to rental income for a given property (for example, if the expenses on a property are $1000/mo, and the rental income is $1300/mo, the DSCR for this property is 1.30)