A bridge loan is in most respects is related to the funding of cash in a short period of time for a short amount of time  until a permanent method of financing is obtained.   No verification of income or assets are made and credit scores are only used as a general guide as to the rate and term of the loan.  Typically 10 - 14% with 6-8 points.  LTV is what drives the interest of our private investor more than anything.

Bridge loans are great tools used by many business professionals to provide quick  solutions  to a timely acquisition or business opportunity.  When "time is of the essence" they allow a purchaser or investor to act quickly. These loans are typically used for acquisition, cash out, partner buy-outs, foreclosure prevention and construction purposes.

We will lend on the "as is" value of the real estate equity involved in the project. This is solely based on the appraisal of the property. If you are interested in obtaining a loan based upon the future value of the project, bridge financing may not be your solution.  We do have other programs that might fit your goals.  Keep in mind that it is possible however, to obtain the property with very little, if any cash out of pocket with the use of  seller financing.  

A bridge loan by a private lender will do away with much of the time consuming verification that a bank may require to lend on the very same project.  

Bridge Loan may be useful in the following property types: 

Raw land acquisitions or refinances

Commercial building lots

Income Producing Commercial 

High Rise Apartments 

Office Complexes 

Office buildings  

Golf Courses                                                                  

Hotel - Motel

RV Parks

Mixed Use