Private Capital for Bridge Loans

Bridge Financing for Property, Projects & Rehabs

Many investors, commercial property owners, estates, trusts, a builder/developers require short term loans secured by real estate.

  • Immediate funding for a time sensitive transaction
  • Use equity from existing real estate to fund another investment
  • Bridge time frame, allowing the borrower the opportunity to solve a problem
  • Meet a tax obligation
  • Restructure or refinance maturing debt
  • Buyout of a partner’s equity interest

A hard money bridge loan can provide time for your property, project, or rehab to qualify for permanent financing.

Improved and unimproved property can be pledged as security for a bridge loan.

Bridge Loan Guidelines

Lending area:Washington, Oregon, Idaho
Amounts:$75,000 to $3,000,000
Term: 6 months to 3 years
Amortization:Interest only
Rates and Fees:Negotiable- Depends on term, amount, loan-to-value ratio, and collateral.
Borrower Requirement:
  • Current financial statement
  • 2 years tax returns
  • Credit report
Appraisal:Typically not required
Title insurance:ALTA Extended Title Coverage is required.
Acceptable collateral:

Improved property – all types of improved property considered.

Unimproved property – 50% LTV.

Lien position:

First lien on all property types with possible exception for apartment buildings.

Interest reserve:Construction loans include an interest reserve.
Exit plan:Borrower must have a viable exit plan to payoff the loan at maturity.

Looking for a longer term mortgage? Try our Permanent Investment Real Estate Loans