Meet B.O.B

Build  |  Overhaul  |  Boost

A Bridge Loan to help your customers purchase and rehabilitate real estate or fund a renovation project while actively arranging long-term financing.

Highlights

  • 1 yr term
  • Light and heavy rehab options available
  • Purchases to 90% of the as-is value or 70% of the After-Repaired Value (ARV)
  • R/T refinances to 70% of the as-is value or 60% of After-Repaired Value (ARV)
  • Integrated technology for draw management and inspection scheduling via phone app
  • Ongoing or stalled construction projects are permitted

 

  • 650 FICO Minimum
  • Loans to $1.5MM
  • Business purpose/investment only
  • No DSCR, 1.1 if the property will be retained
  • First time Investors OK
  • First time Homebuyers OK
  • 1-4 unit properties allowed
  • No minimum tradeline requirement
  • 36 month seasoning for all credit events

Meet G-PA

Gap Platform Advancement

A Bridge Loan for First Time Home Buyers, First Time Investors, and Experienced Investors too!

G-PA

  • First Time Homebuyers – Allowed
  • First Time Investors – Allowed
  • Living Rent-free – Allowed
  • Min FICO 650
  • No Min DSCR Options
  • No tradeline requirements
  • Cash out to 65% LTV
  • Up to 75% LTV
  • Multi-family OK
  • Foreign National- No credit references required
  • Short Term Rentals OK (By exception only)
G-PA matrix

G-PA 525 (5-25 Units)

  • 5 to 25 units
  • First Time Homebuyers – Allowed
  • First Time Investors – Allowed
  • Min FICO 620
  • No DSCR
  • No tradeline requirements
  • Unlimited cash out
  • 1 & 2 year terms
  • Mixed use OK (70% residential)
  • MAI appraisal required
  • Vacant properties OK
  • Loans up to $3M
G-PA matrix