Use our Signature Bridge Loan Product to help close quickly on your next Investment Property to allow you time to convert to a DSCR or Conventional Loan. Close in your Personal Name or LLC. Use our quick close option to compete with cash offers.
Purchase, Refinance or Cash Out Refinance
Investment Properties Only
| LOAN AMOUNT | $100,000 to $3,000,000 |
|---|---|
|
MINIMUM CREDIT |
660 |
|
RATES |
10.99% – 12.99% |
|
POINTS |
1-3% |
|
PAYMENT |
Monthly, Interest Only, No Prepay Penalty |
|
LOAN TO PURCHASE (LTP) |
Up to 75% |
|
REFINANCE LOAN TO VALUE (LTV) |
Up to 70% |
|
CASH OUT REFINANCE LOAN TO VALUE (LTV) |
Up to 65% |
|
TERM |
6, 12, or 18 Months |
|
ELIGIBLE LOAN TYPES |
Purchase, Refinance, Cash Out Refinance |
Viking Lenders Finance specializes in residential real estate and can fund various properties including:
Viking Lenders Finance eliminates junk fees and has straight-forward pricing when it comes to fees associated with closing your loan.
You’ll love the ease of closing a Bridge Loan with Viking Lenders Finance, because of our common sense underwriting. We underwrite primarily to the value of the property. No tax returns, no income verifications, an no debt ratio to qualify! To speed the process, here’s the main items you’ll need to gather:
Competitive Rates (Rates from 10.99%)
Nationally Trusted (Over 1 Billion Funded!)
Bridge loans are available to real estate investors needing to close quickly on an investment property without the normal hassles of qualifying for a traditional loan. Most of our loans are refinanced or paid off within the initial 12 months of the loan, to avoid the interest carry of the bridge loan versus a traditional loan.
We can close in 3-5 days, to allow investors to remain competitive with their offers. If you need to renovate the property as well, consider using our fix and flip product instead.
Our bridge loans are underwritten in house and primarily based on the value of the property. We also ensure that the value is sustained by sales comps of similar houses in the area. We do NOT look at your tax returns, income, or job status to determine qualifications.
We traditionally lend in urban or suburban areas, on houses that are rent ready. We do not lend to mobile homes, manufactured, log cabins, or unique properties.
Use our bridge loan to purchase a rent ready house. Use our fix and flip loan to finance a property that is needing renovations prior to being rent ready or sold.
Our technology and our experience. With 4,000+ loans closed since 2006, and our average employee having 8+ years in the industry, we’ve got you covered to close fast. In certain circumstances we can even close same day.
We can look at exceptions down to 600 with compensating factors such as additional down payment or experience.
Designed to fund 100% of your renovation costs and close quickly to keep you competitive with your investment properties.
Designed to provide a streamlined funding solution to build single family projects.
Share some basic details about the financing you’re looking for by answering a few simple questions. We’ll take a look and reach out to discuss your loan options.
