HIGH LTC bridge FINANCING criteria
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Minimum Loan Amount: $5 Million
Loan to Cost: Up to 90%
Term: 12-36 Months
Amortization: Interest Only
Prepayment: May be paid in whole after 12 months without penalty
Security: First Mortgage on the property and a pledge of the Borrower’s ownership interest in the property
Recourse: Non-recourse available except for standard carve-outs
Pricing: Negotiable
Fees: Negotiable
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