Auction Loan

AUCTION LOAN DETAILS

If you have found a house or spaces at a property auction but need time to get a mortgage a bridging loan could be the answer.

LOAN SIZE: $100K – $50M

LTV: Up to 65% LTC

LOAN TERM: 12 months

CREDIT SCORE: Min. 600 FICO

LENDING AREA: Nationwide – 50 States

OCCUPANCY: Non-Owner Occupied

LOAN TYPE: Live Auctions & Online Auctions

PROPERTY TYPE: Single Family Home, Condo Multi-Family and Commercial

BORROWER PROFILE: Individual, LLC, Limited Partnership Or Corporation

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