Bridge Financing Loans

Simplifying Commercial & Investment Property Financing

Bridge Loans Made Easy!

Bridge LoansThe primary goal of a bridge loan in commercial real estate is to provide quick, short-term financing to ‘bridge’ the gap until the end result is obtained.

Bridge loans are shorter in term ranging typically from 6 months to 3 years and have higher interest rates to off set the risk that the lender takes. Bridge loans are paid back once the property is sold, refinanced, property improvements have been made or a specific change has occurred to allow for permanent financing or a sale.

What can Bridge Loans be used for?

  • Quick Purchase
  • Property Improvements
  • REO Purchase
  • Refinance a Note that's Coming Due
  • Lease Up Period
  • Partnership Buyout
  • Other Unique Situations

Advantages of a bridge loan include; quick closing, limited documentation, no prepayment penalty, asset based analysis along with many others. The bridge loan product is one that is based on the deal as a whole; evaluating the asset as well as the sponsor.

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Bridge Loan Lending Matrix

Single Family ResidentialMultifamily ResidentialCommercial Real Estate
Property Types Non-Owner Occupied SFR (1-4 Units) Multifamily Apartments Industrial, Office, Retail, Mixed-Use
Loan Purpose
  • Purchase
  • Fix & Flip
  • Fix & Rent
  • Bridge
  • Refinance
  • Purchase
  • Bridge
  • Bridge w/ Construction
  • Refinance
  • Purchase
  • Bridge
  • Bridge w/ Construction
  • Refinance
Loan Amount $75K to $5M *min purchase price $50k $250K to $5M $500K to $5M
Term 12 – 24 Months 12 – 36 Months 12 – 36 Months
Interest Rate 8.99% - 13.99% 8.99% - 11.99% 7.99%-10.99%
Loan-to-Value Maximum As-Is LTV: 75%
LTC: 90%
ARV LTV: 70%
Cash Out Refi: 65%
As-Is LTV: 75%
ARV LTV: 70%
Cash Out Refi: 65%
As-Is LTV: 70%
ARV LTV: 60%
Cash Out Refi: 55%
Minimum FICO 600
*1yr out of BK
*1yr out of FC
600
*1yr out of BK
*1yr out of FC
600
*1yr out of BK
Location US – except SD, MN US – except SD, MN US – except SD, MN
Recourse Personal Guarantee Personal Guarantee Personal Guarantee
Vesting US Entity US Entity US Entity
Experience One completed project is preferred but will review on a case-by-case.

***The matrix provided above does not constitute a commitment to lend. All risk factors will be accounted for.

DEFINITIONS

As-Is LTV – Percentage of the loan amount compared to the appraised as-is value
LTC LTV – Loan amount compared to total cost of the project (acquisition + rehab)
ARV LTV – Loan amount compared to the appraised after repair value

Your partner for all of your real estate investment financing needs

Private Financing & Loans for Commercial Properties

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Fix-N-Flip Homes

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