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BRIDGE LOAN
A bridge loan is short-term financing that helps investors and business owners quickly secure a property or cover immediate cash flow needs while waiting for longer-term financing or the sale of another asset.
Collateral
Non-Owner Occupied 1-4 Units Residential Properties
Condos
Townhomes
Duplex
5+ Units
Mixed-Use Properties
Commercial Properties
LTV
Up to 85% of the As-Is Value or Purchase Price
65% for No-Doc Applications
Term
12-24 months
Minimum Property Value
$100k
Loan Amount
$500k – $5M
Minimum FICO
640
Rates
Starting at 8.75%
Experience
No Experience Requirement
Pre-Payment Penalty
None
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