Bridge Loans

Commercial Bridge Loan Lending

Structured financing, customized for value-added projects nationwide.
Property Type
Class I: Multifamily (5+ Units) & Mixed-use
Class II: Office, Retail, Warehouse, Self-Storage, Automotive Services
Transaction Type: Property Acquisitions, Repositioning & Recapitalizations
Loan Amounts: up to 5,000,000
Max LTV/LTC: 70% / 75%
Minimum FICO: 650
Rate: start from 7.99% (depends on loan size and LTV)
Fixed Period: 1-3 year options
Amortization/Term: Interest only / 1-3 year
Proforma DCR Requirements: Class I: 1.20x, Class II: 1.25x
Recourse: Generally required, depending on leverage, sponsorship, & capital structure

Other Bridge Program Guidelines:
– Experienced sponsorship required
– Good Faith Deposit required for third party reports
– Lender to order all appraisals through preferred network
– Impounds for property taxes and insurance required
– No secondary financing allowed
– Extensions subject to no events of default & property review
– Nationwide program, major metro areas preferred

Let us put our experience and expertise to work for you. Call us (310) 356-6500