Commercial Bridge

Our program for commercial bridge loans provides a fast and efficient way to purchase and enhance your mixed-use and multifamily properties of over four units, with our end-to-end in-house loan process ensuring a hassle-free and dependable experience for building your client's portfolio.

Program Details

Interest Rate:

Rates starting at 10.49%

Max Loan to Cost:

Up to 85% LTC of total project cost

Property Type:

Mixed-use and Multifamily properties

Loan Term:

12 month, 18 month, and 36 month terms

Max Loan to ARV:

Up to 75% ARLTV

FAQs

What is a commercial bridge loan?

A commercial bridge loan is a short-term financing option used to bridge the gap between an immediate financing need and long-term solutions. It's often used for property acquisitions or to cover renovation costs before obtaining long-term financing.

What are the typical terms for a commercial bridge loan?

These loans usually have terms of 6 months to 3 years and come with higher interest rates and fees due to their short-term nature and higher risk.

Who should consider a commercial bridge loan?

Investors looking to quickly purchase a property or finance renovations before securing permanent financing are ideal candidates for bridge loans.

What are the main benefits of commercial bridge loans?

They provide fast access to capital, allowing borrowers to act quickly on investment opportunities and potentially negotiate better purchase terms due to their ability to close swiftly.

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Are there any downsides to taking out a commercial bridge loan?

Yes, the higher interest rates and fees can significantly increase the cost of borrowing, and the short repayment period can pose a financial risk if the exit strategy fails.