Bridge Loans, truly bridge the gap between one financing option to another. Either until more long-term financing it obtainable, development has stalled and need to bridge out of a current note, looking to finance in development/improvement cost, or you're simply purchasing land before commercial growth venture take off.
- Property Types: 1-4 units, Mixed-use, 5+ unit Multifamily, Hospitality, Medical, Farmland, Equestrian, Luxury Estates, Raw Land, etc.
- Loan Amounts: $75k-$70M
- Terms: 1-3 years, interest-only, no pre-pay penalty structure available
- Loan-to-Value: Up to 75%
- Loan-to-Cost: Up to 90%
- Rates: Starting at 7.99%, with scaling options
- Origination Fee: 0.25%-2.5%
- Entity Type: LLC/Corp, Non-Profit, Personal
- Recourse: Non-recourse, Recourse options available
- Locations: All 50 States (LLC/Corp/Non-profit), Florida (Personal), Caribbean, South America, Europe, & Canada
- Closing time: As quick as 5 days (Hard Money), 10-21 days (Standard), 30-45 days (Niche), 45-90 days (High-Ticket/Ultra Niche)
