Bridge Loans

Quick and flexible Asset-Based Lending Program.

 

Bridge Loan Program

* Rates + terms are subject to change during the due diligence period 
Property Type: Loan Purpose:
Starting Rates:
  • High End Non Owner Occupied Single Family Residences
  • Multi Family
  • Office Buildings
  • Strip Centers
  • Mixed Use
  • Hotels & Motels(Flagged)
  • Light Industrial Warehouses
  • Self-Storage, Refrigerated
  • Skilled Living and Assisted Living
  • Purchase Money & Refinance Transactions
  • Cash Out for Business Purposes
  • Discounted Note Payoffs
  • Rehab / Construction Completion / Property conversion
  • Up to $15M
  • Up to 2 years Interest only
  • Starting at 7.99%
  • 2+ Lender points.
  • Up to 65% Loan to value
  • Up to 80% Loan to Purchase maxed out at 65% LTV
  • Rehab based on Future Value
  • No Pre-Pay / Interest Only
  • Broker covered.

 Ineligible Scenarios 

Ineligible Scenarios
  • Land Subdivisions
  • Specialized Structures: energy facilities, Golf Courses
  • Heavy Industrial
  • Metal-Only Structures
  • 30+ Miles Distance from a Metropolitan Area
  • Non-Profit Owned Property
  • Land-Locked Parcels
  • Will consider (with Letter of explanation): Short-Sale / Pre Foreclosure / Deed in Lieu of Foreclosure 

Underwriting Parameters 

Appraisal Required Expense Deposit Required
Site Visit Required
Construction/Rehab Fund Control 3rd Party / Feasibility Study Required
States available for this program Nationwide