About Our Loans

Types of Bridge Loans

Terms

Terms vary based on the project but here’s what’s typical:

8-12% annual interest rate
1-3% origination fee
Will loan 80% of purchase price plus construction costs
Lender records a first mortgage on property
Loan size $100,000 – $10,000,000+
Two-year maturity. No prepayment penalty, subject to six months minimum interest

Loan FAQs

A bridge loan is often used in real estate to provide funding during a transitional period or for a short time horizon. Bridge loans are frequently replaced with more permanent bank financing once a building’s construction is completed or once a real estate investment is stabilized. In real estate, bridge loans are sometimes referred to as hard money loans.

How quickly can you close?

Once a borrower has provided necessary documents, we can close within a week.

What do you evaluate when deciding whether to make a loan?

We place most weight on the value of the property and, if a construction project, the experience of the builder.

Can I be living on the property?

No. Projects cannot be occupied by the owner.

Where do you lend?

We will consider any project in the United States.

What type of bridge loans do you make?

Single family spec homes, multifamily spec projects, multifamily acquisition, rehab and construction.