Ascend Capital Partners
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Residential Fix & Lease

 
 

Residential fix & Lease  

Bridge Financing For Rental Properties

Ascend Capital offers longer-term bridge financing for real estate investors who are looking to buy and hold non-owner occupied residential properties for rental income. A six-month extension is available for this product (a 2% fee will apply).

 

 Basic Loan Criteria

 

Term:                    18 Months

Loan Amount:      $50k to $2.5M+

 LTV:                     Up to 85% of the Purchase Price;

                            Up to 65% Refinance:

                            Up to 50% Cash-Out

Property Types:    Non-owner occupied 1-4 family residential

 

 

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