Loan Purpose

Borrower Type

Eligible Properties

Ineligible Properties

Experience Minimum

Minimum DSCR

LTV Max

Term Options

Amortization

Prepayment Penalty

Minimum FICO

Loan Amount

No minimum required. Zero experience customers may have additional restrictions.

Rural, Multifamily, Mixed-Use, Manufactured, Farms, Storage Facilities, Commercial Properties, Land, among others as indicated in guidelines

0.80

660

80%; See full matrix for details.

30-Year Fixed, 40-Year Fixed

Full Amortization or Interest Only for 10 Years, amortized over remaining term (75% max LTV)

None

$100,000 Minimum to $2,000,000 Maximum

Residential, Non-owner occupied, Business-purpose only. Most recently listed for sale > 6 months ago. Single Family Residences (inc. Condo/PUD), 2-4 Units (75% max LTV), Warrantable Condo (75% max LTV), Non-Warrantable Condo (5% Reduction from Max LTV; See new Appendix B to Bridge Flex Guidelines), Short-Term Rental - Any Units (see full matrix for details)

Purchase, limited cash-out (includes delayed financing), or cash-out

Entity or Individual (See full matrix for details.)

Loan Purpose

Borrower Type

Eligible Properties

Ineligible Properties

Experience Minimum

LTV Maximum As-Is

Term Options

Amortization

Prepayment Penalty

Minimum FICO

Loan Amount

2+ investment properties rehabbed or constructed and sold or stabilized in the last 3 years

Multifamily, Rural, Mixed-Use, Manufactured, Farms, Storage Faciliites, Commercial Properties, Land, among others as indicated in guidelines

75%

680

Interest Only

None

12 months

$100,000 Minimum to $2,000,000 (>$1M requires an exception except for 2-4 Unit or HI/CA properties) Maximum

• Single Family Residences, attached or detached (inc. Condo/PUD)

• 2-4 Units

• Warrantable Condo

• Non-Warrantable Condos (5% LTV reduction from max. See guidelines for property eligilbity)

Purchase or Delayed Financing

Entity or Individual (see full matrix for details)