Ridge Street
7901 4th St N Suite
St. Petersburg, FL 10265
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About Ridge Street
Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
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Loan Types Offered: Hard Money Loans, Fix and Flip Loans, New Construction Loans, Refinance / Cash Out Loans
Property Types Covered: Single Family, Multi Family, Apartment, Office, Mixed Use
Areas Served: National
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Lending Guidelines for Ridge Street
Below are the general loan guidelines published on the Ridge Street website. Please confirm all terms and rates directly with the lender.
Hard Money Loans
Loan Amounts: $50,000 - $3,000,000
Available Rates: 9.99% - 11.99%
Typical Terms: 12 months - 18 months
Points Charged: 1.25% - 2.5%
Max Loan-to-Value (LTV): 90%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 660
Time to Close: 2 WeeksFix and Flip Loans
Loan Amounts: $50,000 - $3,000,000
Available Rates: 9.99% - 11.99%
Typical Terms: 12 months - 18 months
Points Charged: 1.25% - 2.5%
Max Loan-to-Value (LTV): 90%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 660
Time to Close: 2 WeeksNew Construction Loans
Loan Amounts: $50,000 - $3,000,000
Available Rates: 10.75% - 12.99%
Typical Terms: 12 months - 24 months
Points Charged: 2% - 3%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 660
Time to Close: 3 WeeksRefinance / Cash Out Loans
Loan Amounts: $50,000 - $3,000,000
Available Rates: 6.5% - 7.785%
Typical Terms: 60 months
Points Charged: 1% - 2.5%
Max Loan-to-Value (LTV): 80%
Max Loan-to-Cost (LTC): 80%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 660
Time to Close: 3 Weeks -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by Ridge Street.
Loan Example 1
Loan Example 2
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