No, all loans are in the first position.
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Approval within 24-48 hours, average closing within 7-12 days
Including borrowers with no credit history, new businesses and foreign nationals
Competitive rates and flexible programs with interest only payment until maturity
Intercorp Mortgage Solutions
is a powerful all-in-one lending solution, with over 10 years of bridge loans experience.
We can assure you that you’re in the best hands.
Mortage Experts
Years Experience
No Prepayment Penalty
There are no penalties for paying off or partially amortizing the debt at any time.
Fast Closing
Fill out few basic details in our contact form and get a term sheet within 24 hrs.
A Bridge loan is a short-term asset-backed loan used to acquire or refinance a property when conventional financing is not available or will simply take too long to close
$100,000 - $10,000,000
Up to 70%
12 to 36 months
Approval within 24-48 hours, average closing within 7-12 days
Including borrowers with no credit history, new businesses and foreign nationals
Competitive rates and flexible programs with interest only payment until maturity
We do not offer personal loans. Our loan programs are for real estate investors.
Intercorp Mortgage Solutions finances real estate investments. Both the purchase of properties for rent or a second residence, as well as renovations for subsequent resale.
Fill out the Contact Form and get a term sheet in 24 to 48 hrs. After that, a loan processor will guide you through the process and requirements to close.
Usually, our rates are 9.99%. Loan terms are 12 to 36 months. There are some closing costs such as a 2.0% origination fee.
The loan types are Bridge, Conventional and FGHA.
In most of our loans, there is no prepayment penalty, so you can pay the same amount of the loan before the term ends.
Yes, we can lend to individuals. However, most of our deals are closed under an entity (Corp, LLC, INC, etc). These are investment loans, intended for business purposes.
No. Our loans are only for second homes, investments, or commercial properties.
Typically Intercorp Mortgage Solutions charges 2.0% origination plus $2,000 for administrative fees. Other costs to consider are outside attorneys, title, and appraisal which vary depending on the type of property.
On residential properties, we typically take 24 to 48 hours to issue a term sheet. After approval, the average time to close is 5 to 10 days on bridge loans.
In most cases yes. However, depending on the area and LTV, it can be evaluated.
No, all loans are in the first position.
