Programs

Reverse mortgages are financial products that allow homeowners aged 62 or older to convert a portion of their home equity into loan proceeds, which can be received as a lump sum, monthly payments, or a line of credit. The requirements for obtaining a reverse mortgage typically include: The property must be your primary residence, and you should live in it for most of the year.The property must be a single-family home or a multi-unit property with up to four units, and you must live in one of the units.Before obtaining a reverse mortgage, you are required to attend a counseling session with a HUD-approved counselor. This session is designed to help you understand the terms, benefits, and potential risks of a reverse mortgage.

In need of extra cash? Have untapped Equity in an investment property? Look no further than Tri Global Equities' Cash-out refi program. Our quick & simple program can be used to extract cash from properties owned free & clear or refinance an existing loan with added equity. These loans do not report on credit and thus do NOT affect the debt-to-income ratio. Utilizing our cash-out refi program allows homeowners to get the best possible leverage at the best possible rate.

Interest Rate

6-8%

Origination fee

2-3%

Loan To Purchase Price 

up to 80%

Loan To Value

up to 80% 

Minimum DSCR 

None

Instant Term Sheet

Yes

Term

30-yr fixed rate

Minimum Loan Amount

$100,000

Maximum Loan Amount

$2,000,000

Minimum FICO

500

Type of Property

Residential 1-8 units

Short Term Rentals

Yes

The fix & flip program can help you with fast, easy & reliable funding on your light to heavy renovation projects. Our program works whether you are a new or experienced investor. We work with you throughout each step of the process from analyzing your deal to managing the construction with you and your team

Interest Rate

10-12.75%

Origination fee

 2-6%

Loan To Cost (LTC)

up to 90%

Construction Financing

up to 100%

Loan To ARV

up to 80%

Term

24 months

Minimum Loan Amount

$100,000

Maximum Loan Amount

$5,000,000

Minimum FICO

640

Type of Property

Residential 1-12 units, condos, townhomes

Enhancing Flexibility for Real Estate Investors through Stabilized Bridge Loans

In the dynamic landscape of real estate investments, strategies often need to adapt to market shifts. Recognizing this need for flexibility, Asset Based Lending now introduces bridge loans tailored for stabilized properties. These loans empower borrowers to realign their investments and patiently await market conditions conducive to their desired exit plans.

Our bridge loans are crafted for investors who have recently completed renovations or ground-up constructions, yet find their exit strategies hindered by unfavorable market conditions. Perhaps you're contemplating a turnkey rental property, intending to sell or refinance when mortgage rates become more favorable. In either scenario, you require an interest-only loan devoid of pre-payment penalties, effectively bridging the financial gap.

Our 2-year debt service coverage loans serve as a vital bridge, spanning up to 24 months without prepayment penalties, allowing you to exit at your convenience. Furthermore, extensions are available for an additional fee, ensuring your financial needs are met comprehensively. This extended duration grants you the essential time to meticulously evaluate your final exit strategy, optimizing your investment at the opportune moment.

We provide stabilized financing for properties of up to 20 units, calculating the debt service coverage ratio (DSCR) based on the lesser of market rent or leased rent. This approach ensures competitive loan terms, aligning with your investment goals seamlessly.

Tri Global Equities stands poised to assist you in bridging the divide between your hard money loan and permanent financing, or until you decide to divest your investment property. Our offerings feature competitive loan terms and flexible timeframes, granting you absolute control over your investment's trajectory. Reach out to us today to delve deeper into why Tri Global bridge loans represent your optimal choice for stabilizing your investment portfolio.

Interest only financing up to 24 months

No prepayment penalties

Extensions available for a fee

Available for up to 20 unit properties

Portfolio loans available

Up to 70% LTV

Light doc program

620 minimum credit score

1.05x Min IO DSCR

Close your loan in less than 2 weeks

Interest Rate

9-13.25%

Origination fee

1.875-3%

Loan To Cost (LTC)

up to 90%

Construction Financing

up to 100% 

Loan To ARV

up to 80%

Term

24 months

Minimum Loan Amount

$100,000

Maximum Loan Amount

$5,000,000

Minimum FICO

650

Type of Property

Residential 1-4 units, condos, townhomes

 DSCR (Debt Service Coverage Ratio) Loans offer borrowers access to long-term financing for individual rental properties. It enables real estate investors to qualify based on rental income rather than personal income. DSCR loans are a great financing option for self-employed investors and investors looking to grow their portfolios rapidly.30- year fixed DSCR Loan for stabilized rental properties.

Interest Rate

 7-8%

Origination fee

4-6%

Loan To Purchase Price 

up to 80%

Loan To Value

up to 80% 

Minimum DSCR 

None

Term

30-yr fixed rate

Minimum Loan Amount

$100,000

Maximum Loan Amount

$5,000,000

Minimum FICO

640

Type of Property

Residential 1-4 units

Pre-qualification minimum criteria

-550 FICO

-6 months in business

Documents required for underwriting 

-6 most recent months of business bank account statements

-Last year of tax returns (Business/Personal)

-Business debt schedule

Documents required to close:

-Voided business check

-Driver's license (or other identification document)