ASC Small Balance Lending
Direct Bridge Lending Platform
Property Types: All Residential Investment and Any Commercial Asset Classes
Ineligible Properties: Owner-Occupied Residence
Geography: Illinois
Deal Type: Acquisition, Cash-Out Refinance and Rate & Term Refinance
Number of Assets: Single Asset & Portfolio
Loan Amount: $150,000 – $1,500,000
Loan Terms: Up to 12 months
Leverage: Up to 80% Loan-to-Value
Amortization: Interest-Only
Pre-Payment Penalty: Up to 1%
Recourse: Full & Partial Recourse
Minimum FICO: 580
Origination Fee: Starting at 1.50%
Timing: 10-21 days