• Loan Type: Bridge
  • Loan Amount: $3,075,000
  • Term: 2 Years
  • Amortization: Interest Only
  • Recourse: Recourse
  • LTV: 75%

Challenges

The borrower was facing a high interest maturing loan (hard money loan). The borrower did not have enough trailing income to qualify for the Freddie Mac loan & the property needed more time to stabilize.

Solutions

Money360 was able to help the borrower refinance out of a high interest hard money loan that was maturing. We offered a lower interest rate than their current loan and terms that will allow the borrower to stabilize their property.

Bridge Loans

Money360 is a direct lender and can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.

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Permanent Loans

Money 360’s permanent loan program provides flexible, long-term financing at competitive rates and terms for stabilized commercial real estate throughout the United States.

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Why Money360?

  • Money360 is a Direct Lender
  • In-house Credit Approvals
  • Letters of Intent in 2-3 days
  • Funding in 3-5 weeks
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