Hallelujah Bridge Capital is a division of VGC Realty with the focus of providing a structured 12 month real estate bridge funding product.
Product Details:
- 70% LTV (As-is)
- Residential or Commercial with building structure; no vacant land
- Nationwide
- 25 Million - 250 Million (Total funding amount for one or more transactions to be funded at one time and in one state)
- Refinance product for Truly Transactional Capital structured funding product
- No interest
Requirements:
- Appraisal
- Special Purpose Entity (SPE)
Terms:
- 12% equity capital financing fee payable in 12 monthly payments
- 4 points total (2% equity placement fee, 2% servicing fee)
- $500 Processing fee and $500 Doc fee per transaction payable at closing
Security:
- 1st position lien on collateral property
- Pledge Agreement held in Escrow until repayment of funds
Please contact us for a free funding consultation, and for any additional information or details by scheduling a phone appointment with us for the soonest available time that's convenient for you.
Use the following link to schedule a phone appointment:
https://secure.scheduleonce.com/HallelujahBridgeCapital
Please contact us for a free funding consultation, and for any additional information or details by scheduling a phone appointment with us for the soonest available time that's convenient for you.
Use the following link to schedule a phone appointment:
https://secure.scheduleonce.com/HallelujahBridgeCapital
