Residential Rental Bridge Loans (1 to 9 Units)
Eagle Commercial Funding Capital Corporation is a Direct Private Commercial Lender in 45 States. We partner with Wall Street, Hedge Funds, Insurance Companies, Private Lenders, Family Offices, SBA, Table Funders, FHA-HUD, FNMA and FREDDIE MAC.
No upfront fees, tax returns or income verification
Interim financing when you need a fast close
Minimal rehab
Single family homes, duplexes, triplexes, quads, warrantable condos & townhomes
Fast closing, exterior only valuations
Cash-Out, refinance and purchase up to 80% LTV
Competitive interest rates
Interest only
13, 19 and 24 month term options
Funding in 3 to 5 weeks
- Nationwide (primary, secondary and rural)
- $500,000 to $5 million per property
- $500,000 Portfolio loans: $100,000 to $5 Million per property
- Cash-out / refinance 80% appraised value @720+credit (75% 680 to 720; lower LTV 620 to 680)
- Finance up to 80% of purchase price
- Rent ready vacant properties financed using market rents
- No monthly payments for cash-out until 4th month after loans close (3 months PITA escrowed)
- 13, 19 and 24 month term options
- 620+ middle FICO credit score
- Origination: varies
- No prepayment penalties or minimum interest
- Close in LLC, corporation or partnership name
- Non-recourse for experienced clients (add 25-50 bps) with typical bad boy carve-outs
- Each property must be less than 2 acres, 700+ square feet per unit and no rehab
- No bankruptcy, foreclosure, short sales or deed in lieu in last 3 years
- Subordinate debt permitted case-by-case
- Ineligible properties: condotels, mobile homes, timeshares, commercial, mixed-use, manufactured homes, working farms or ranches
- Warrantable condos (50% owner occupied), HOA dues 15% <60 days past due and < 20% owned by one person
- In-house loan servicing
- Streamlined underwriting
- Funding in 3 to 5 weeks
To submit your online loan request, please click the blue GET FUNDED Link for your PRE-APPROVAL Term Sheet within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit. No upfront fees, tax returns, income verification, credit cards, Social Security Numbers or credit checks required for PRE-APPROVAL for qualified borrowers.