Churchill’s Single-Family Bridge product provides interim financing for borrowers looking to acquire and stabilize properties between one and four units.
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Churchill’s Single-Family Bridge product provides interim financing for borrowers looking to acquire and stabilize properties between one and four units.
Property Type
Fully Eligible
Loan Purpose
Non-Owner Occupied Business Purpose Residential Loans
Interest Reserve
Eligible, but not required
FICO
680 minimum
LTC
up to 80% (75% Cash-Out maximum)
LTAIV
up to 80% (75% Cash-Out maximum)
Debt Yield
minimum of 5% (lesser of market rent or lease)
Experience
No previous experience required
Recourse
Full required