Funding 365 launches AVM-based bridging loan for faster completions

By

michael strange funding 365

Funding 365 has launched a new bridging product that leverages automated valuation model (AVM) technology to deliver funds even faster, offering brokers and borrowers a streamlined option for time-critical deals.

The AVM Bridge product is available on residential C3 properties in England and Wales, with loans of up to £1 million, on a first charge, unregulated basis, and terms of up to 18 months.

Interest rates start from 0.79% per month, and the product is designed to remove one of the last barriers to speed, the valuation, without compromising on quality.

Key criteria include:

  • Maximum LTV: 55% on refinances, 65% on purchases, and 75% on purchases with borrower-funded refurbishments

  • Hometrack confidence level of 5 or higher required

Mike Strange, Director at Funding 365, said:

“We’re known for processing bespoke loans at high speed, thanks to our streamlined team, principal-led funding, and expert partners.

This new AVM Bridge removes one of the final factors that can slow delivery, giving brokers and borrowers a reliable option when speed really matters.”

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