Bridge and Hard Money Loans
Bridge loans are designed to help bridge the funding gap until a conventional loan can be secured. Because these loans can close within a few weeks, they provide immediate cashflow to business owners to grab a new opportunity or meet urgent business needs. Bridge and hard money loans are almost always secured by hard assets like real-estate as collateral. Our bridge loans start at $1 million for projects throughout USA and few major international markets. Contact us today by filling out the quick form at the bottom of this page.
Bridge and Hard Money Loans criteria:
- Loan amount – Starting at $1 Million to $100+ Million
- Lending area – Metro areas, Primary and Secondary markets, Development zones
- Collateral – Real Estate including raw land and development projects
- Interest Rate – as low as 8%
- Interest Only Payments
- LTV: Up to 80%
- Origination points – 1% to 6% (deal dependent)
- Typically No Prepayment Penalty
- Closing – 2 to 4 weeks from LOI
- Uses – Acquisitions, upgrades, development, cash-out, repositioning, refinance, pay off tax liens and many more.