Bridge Loan
Short-term loans for a range of real estate based purposes including: purchase, refinance, cash-out, restructuring, fix & flip, renovation, new construction, and lot development. If you need a short-term real estate loan for any purchase - contact us and we’ll have options!
Bridge Loan Highlights
- Loan amounts $250K - $20M+
- Purchase, refinance, and cash-out
- Lite Doc and Full Doc programs available
- Recourse and Non-Recourse | Cross-collateralization available
- Owner-occupied, investment, multifamily, and commercial
- Wide range of property types
- Low or no prepayment penalty
- Term: 6-24 months (extensions available)
- Credit score, depending on program: 500-620+
- LTV’s up to 80%
- Quick closings: 3 days - 3 weeks depending on loan type & structure
- Interest-only. No Mortgage Insurance. Foreign Nationals accepted
- Online Application | Secure Document Uploads | Mobile App | Email/Text Loan Updates!
Bridge Types Include:
- Fix & Flip: short-term loan to purchase, rehab, and sell properties
- Fix & Hold: short-term loan to purchase, rehab, and hold properties
- Short-term Purchase, Refinance, or Cash-Out: short-term loan with planned exit strategy (sale, refinance)
- Short-term Primary Carry: short-term loan to purchase new primary or second home before selling current
Bridge Property Types
- Residential: SFR, 2-4 unit, Condo, NW Condo, Townhome
- Commercial: Multifamily (5+), Mixed-Use, Office, Light Industrial, MH Park, Self-storage, Warehouse, Retail