COMMERCIAL BRIDGE LOANS
Providing Everything You Need to Succeed in your Real Estate
Real Estate Bridge Loans
LENDING SCENARIOS:
We structure real estate bridge loans for loans that require fast closings:
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Purchase Contract Expiring
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Note Due or Loan Matured
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Commercial Construction Loan Due
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Foreclosure
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1031 Exchange
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Partner Buyouts
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Pay Taxes
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Strategic Restructures
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Other Unique Scenarios
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LENDING TERMS:
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Terms: 1-5 years
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Amortization: Interest Only or over 25 years.
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Lending Area: Most of United States
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Loan Amounts: 500,000 - $50 Million
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Loan to Value: Up to 65%
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Fees: 2-3 Points At Closing
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Prepayment Penalty: 6 Months
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Closing Time: 1-2 Weeks for Rates from 9-13%​​
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For Prime or Bank Rates we may take up to 30 days for closing. Rates under 5.99 - 8.99%
ASSET CLASSES
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Retail
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Multi-Family
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Apartments
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Mixed-Use
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Industrial
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Self Storage
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Medical
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Non-Stabilized and Stabalized
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Office In Preferred Locations​​
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LAND up to 50% in Preferred Locations
Closing Process
We strive to close real estate loans in the fastest manner possible:
Review Process:
1. Submit Summary of Real Estate Transaction
2.Provide Additional Documents such as: Survey, Original Settlement Statements, PFS, Budgets, Leases, and Use of Funds.
3. We Issue Letter of Interest.
4. Sign off On LOI and we order final 3rd party reports: Surveys, Phase I, Appraisal (not always required), verification of Leases and plans.
5. Title Cleared and Set up Closing
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Depending on 3rd Party Reports and the complexity of the deals we can close in 7 days.
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