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Bridge Loan Program
A hard money loan intended for new and experienced real estate investors
seeking funding for short-term financing nationwide.
LOAN CRITERIA
Collateral: Non-Owner Occupied 1-4 Family & Multi-Family Real Estate;
Condos; Townhomes Term: 12 – 18 Months
Loan Amount: $50k – $2M
LTV: Purchase: The Lesser of Up to 75% of the Purchase Price
or Up to 75% Loan-to-Cost
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Credit Score: 660 Minimum
Fix & Flip Financing
Obtain financing for up to 90% of the purchase price + up to 100% of
the renovation costs.
LOAN CRITERIA
Collateral: Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes
Term: 12 Months
Loan Amount: $50K–$2M
LTV:Up to 90% of the Purchase Price + 100% of the Renovation Costs
(Not to Exceed 75% of the After Repair Value)
Property Value: Minimum ARV Requirement of $100k. Subject to Increase Based on Location.
Credit Score: 660 Minimum
Experience: Prior Real Estate Investing Experience Not Required
But Affects Leverage & Pricing
New Construction Financing
Obtain financing for ground-up construction projects.
LOAN CRITERIA
Collateral: Non-Owner Occupied Single-Family Properties;
Condos; Townhomes
Term: 12 to 24 Months
Loan Amount: $100k* – $2M
Based on Max Loan Amount LTV: Initial Loan Amount: Up to 75% of the As-Is Value Maximum Loan Amount: Up to 75% of the After-Repair Value Up to 90% Total Loan-to-Cost Minimum Property Value: $150k*
**As-Completed Value
Credit Score: 650 Minimum
Long-Term Multi-Family Financing
Obtain long-term financing for 5 to 9-unit apartment buildings.
LOAN CRITERIA
Collateral: Multi-Family Apartment Buildings 5+ Units*
*Maximum 9 Units
Term: 30 Years
Amortization Options: 30-Year Fixed, Hybrid ARMS (5/1, 7/1, 10/1)
& Interest-Only Options Available
Loan Amount: Minimum Value Requirement of $40k Per Door.
LTV: Purchase: The Lesser of Up to 70% of the As-Is Value or Up to 70% Loan-to-Cost
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Credit Score: 680 Minimum
Long-Term Rental Financing
Obtain long-term rental financing with 30-year terms.
LOAN CRITERIA
Collateral: Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD) Term: 30 Years Loan Amount: $55K–$2M LTV: Purchase: The Lesser of Up to 80% of the As-Is Value or Up to 80% Loan-to-Cost Refinance: Up to 80% of the As-Is Value Cash-Out: Up to 75% of the As-Is Value Property Value: “As-Is” Appraised Value Must Be Greater Than $100K Subject to Increase Based on Location Credit Score: 660 Minimum Debt Service Coverage Ratio (DSCR): 1.05
Short-Term Multi-Family Financing
Obtain short-term financing for 5+ unit apartments & mixed-use properties.
LOAN CRITERIA
Collateral: Multi-Family Apartment Buildings (5+ Units); Mixed-Use Buildings
(Residential Space Must Represent 70%+ of the Property’s Total Square Footage)
Term: 12 – 18 Months
Loan Amount: $250K** – $2.5M ($1M Max Per Unit)
**Minimum As-Is Value Requirement of $350k. Subject to Increase Based on Location.
LTV: Stabilized Bridge
Purchase: Up to 75% of the As-Is Value
Refinance: Up to 70% of the As-Is Value
Cash-Out: Up to 65% of the As-Is Value
Fix & Flip
Purchase: Up to 80% of the Purchase Price + 100% of the Rehab Costs
Refinance: Up to 70% of the As-Is Value + 100% of the Rehab Costs
Cash-Out: Up to 65% of the As-Is Value + 100% of the Rehab Costs
Credit Score: 660 Minimum
ANSTAR HOME SOLUTIONS 