SFG’s Underwriters are given the latitude to flex up or down on our lending limits when servicing an existing client. In this case, the loan amount was quite small at $350,000, but the client was one the branch had been speaking with for years, literally. When this hurry-up loan came across our desk at only 50% of purchase/value, the decision to flex down was easy.
And so was the underwriting, for SFG’s loan docs were released within 24-hours of receipt of the signed LOI. Whether for $350,000, $3.5m, or more, responsive bridge lending remains the stock in trade for Seattle Funding Group. Over 30-years of outstanding service throughout the major markets of the Western US, and we still enjoy the capability of a three-day turn-around and closing when circumstances dictate.
Whether for responsive bridge lending or our industry leading construction financing programs, make Seattle Funding Group your first call…and prepare to close your next bridge loan THIS week!