© LOAN PROGRAMS PRODUCT 04 OF 20
The structure for the deal other lenders will not read. Defaults, notices of default, matured loans and bailouts are weighed against the equity above a 650 minimum score, on the bridge program's terms: up to 75% LTV, one or two years, loans to $25,000,000, with closings in as quickly as 3 days on a clean file.
REQUIREMENTS
BENEFITS
© BRIDGE LOANS PRODUCT 04 OF 20
Hard money is a method, not an insult. On this card the underwriting is turned around: instead of the borrower carrying the file, the property does. The live paragraph says it in the client's own words, that very minimal documentation is required, that in some cases an appraisal is not needed, and that rather than focusing on the borrower Loan Goat is heavily underwriting the property. The equity underneath the loan, up to 75% LTV at the ceiling and usually less on a file with a history, is what makes that possible.
The credit line on this card prints a 650 floor, the same as the rest of the bridge program, and above it the benefits go further than most lenders will put in writing: defaults and notices of default, matured loans and bailouts are read against the property rather than ruled out. Those are the three situations where a borrower is usually told to come back in two years, and they are exactly the situations this product was built for.
Speed is the second half of the product. A clean file can close in as quickly as 3 days, faster than the 5-7 day standard, because there is less to verify when the decision rests on the asset. Terms run one or two years and loans reach $25,000,000, with rates from 9.00% to 13.00%, and a file with a history tends to price toward the upper end of that range, which is the honest price of that flexibility.
Short-term bridge loan for purchasing or refinancing non-owner occupied residential properties. Ideal for investors that need quick funding. Very minimal documentation required and on some cases appraisal not needed. Instead of focusing on the borrower we are heavily underwritting the property.
Loan Goat, on hard money residential bridge loans
Terms, requirements and benefits on this page are printed exactly as Loan Goat publishes them.
© THE COMPARISON 6 PRODUCTS IN THIS PROGRAM
This is the credit-flexible end of the program. Every other residential bridge structure publishes a score floor; this one publishes none. The trade is fifteen points of leverage against the flagship bridge loan and half a point on the starting rate.
The priced residential card, for a clean file with no history to explain.
The same terms and the same credit flexibility on retail, office, industrial, multifamily, mixed use and land.
Interest-only payments and owner occupied permitted, with up to two six-month extensions.
Commercial asset classes alongside SFR, with post-close rehab money and cross collateralization.
Every figure below is the one printed on that product's live terms card. Rates and pricing are subject to change and are not a commitment to lend.
| Product | Rates | LTV Up To | Terms | Loan Amounts |
|---|---|---|---|---|
| BRIDGE LOANS & SHORT-TERM FINANCING | 9.00% to 13.00% | 75% | 1 or 2 years | $150,000 to $25,000,000 |
| SMALL BALANCE BRIDGE LOANS | 9.00% to 13.00% | 75% residential, 70% commercial | 1 or 2 years | $150,000 to $25,000,000 |
| LARGE BALANCE BRIDGE LOANS | 9.00% to 13.00% | 75% residential, 70% commercial | 1 or 2 years | $150,000 to $25,000,000 |
| HARD MONEY RESIDENTIAL BRIDGE LOANS | 9.00% to 13.00% | 75% | 1 or 2 years | $150,000 to $25,000,000 |
| HARD MONEY COMMERCIAL BRIDGE LOANS | 9.00% to 13.00% | 70% | 1 or 2 years | $150,000 to $25,000,000 |
| SHORT-TERM INTEREST-ONLY BRIDGE LOANS | 9.00% to 13.00% | 75% | 1 or 2 years | $150,000 to $25,000,000 |
WHO IT IS FOR · 02
Investors with a strong property and a complicated profile: a credit event, a loan that has already matured, a notice of default on title, or a timeline that leaves no room for a full documentation cycle.
OUR PROCESS · 03
The four steps compress. With minimal documentation required and, in some cases, no appraisal needed, the gap between the Letter of Intent and funding is where the 3-day closing comes from.
© PROPERTY TYPES AS PRINTED ON THE TERMS CARD
Three residential classes, non-owner occupied. A commercial asset with the same credit profile goes on the hard money commercial bridge, which publishes the same leverage and the same term.
© HARD MONEY RESIDENTIAL BRIDGE LOANS
THE DEAL EVERYONE ELSE DECLINED IS THE ONE WE READ FIRST.
PUBLISHED TERMS
© GOOGLE REVIEWS 5.0 GOOGLE RATING · 150+ REVIEWS
The team at Loan Goat literally saved my life. I was in such a bind and didn't think I had anywhere else to turn. Even with my extensive knowledge in this field I felt I was going to lose everything. The team has insight and plans I never...
The Loan GOAT saved the day! A deal started to go south with a traditional bank despite there being no true issue. Milad having a true understanding of how to get help we are clear to close in 15 business days. Maricruz was the star in this,...
As a business owner traditional lending doesn't fit my finances, which is why Loan Goat is a godsend. They are able to work with you, understand what you're trying to do and get it done.
The team at Loan Goat literally saved my life. I was in such a bind and didn't think I had anywhere else to turn. Even with my extensive knowledge in this field I felt I was going to lose everything. The team has insight and plans I never...
The Loan GOAT saved the day! A deal started to go south with a traditional bank despite there being no true issue. Milad having a true understanding of how to get help we are clear to close in 15 business days. Maricruz was the star in this,...
As a business owner traditional lending doesn't fit my finances, which is why Loan Goat is a godsend. They are able to work with you, understand what you're trying to do and get it done.
© QUESTIONS 5 ANSWERS
Above a floor, yes. The card prints a 650 minimum score, and above it a default, a notice of default, a matured loan or a bailout is weighed against the property rather than ruled out. Leverage runs up to 75% LTV, and a file with a history usually lands below that ceiling, which is the equity cushion that makes reading the property instead of the borrower possible.
The card publishes closings in as quickly as 3 days. That is faster than the 5-7 day standard on the rest of the Loan Goat set, because minimal documentation is required and in some cases an appraisal is not needed.
The live paragraph states that in some cases an appraisal is not needed. Whether a specific file needs one depends on the property, the leverage and the exit, and it is confirmed on the Letter of Intent rather than assumed.
Defaults and NOD OK is published on this card, and so are matured loans and bailouts. A notice of default on title is a reason to call rather than a reason not to: the questions are the equity, the lien position and how the loan gets paid off.
The bridge program publishes 9.00% to 13.00%, and a file with a credit event, minimal documentation and a 3-day closing tends to price toward the upper end of that range. Rates shown are for qualified borrowers and are not a commitment to lend.
© LOAN REQUEST 2 MINUTES
The loan information form with Bridge Loans already selected. A lending advisor from our firm will reach out. Or just give us a call now: (619) 617-2797.
