Bridge Loan Program

Short Term Financing to Close the Gap

For investors who want to buy but their funds aren’t freed up from a previous property, Change Wholesale’s Bridge Loan can close the gap. This three-year, interest-only financing helps borrowers purchase an investment property without having to wait for another property to sell, a commission to come through, or another source of funds to become available.

Download our Program Guide to learn more.

GUIDELINES

  • Loans up to $2.5 Million
  • LTV up to 75%
  • FICO beginning at 660
  • Reserves starting at 6 months
  • Three-year, interest-only program
  • Available as first or second mortgage
  • Rate reductions for higher FICO scores
  • No prepayment penalty
  • Investment Properties only

 

The Bridge Loan is ideal for borrowers who are ready to buy an investment property and prefer to use short-term financing.