Retail Bridge Loans
Provides time for construction, rehab, adaptive reuse projects and distressed properties to lease-up and/or cosmetic renovation to qualify for long-term financing
Non-recourse
Nationwide
No upfront fees, tax returns or income verification
Loan amounts: $1 Million to $20 Million
Competitive interest rates
Interest only on drawn funds
Origination varies
Term: 12 to 36 months
620+ FICO credit score
Finance or refinance 85% LTC (purchase price/loan payoff with or without rehab) up to 75% ARV
Rehab experience required or can hire experienced general contractor (if loan includes rehab)
No prepayment penalties (minimum interest of 6-12 months)
Liquidity required: 9 months payments + 20% of rehab budget
Foreclosure, bankruptcy, short sales and deed in lieu: none in last 3 years
Foreign nationals eligible at lower leverage
Subordinate debt not permitted
Fast underwriting and loan closings
To submit your online loan request, click the blue GET STARTED Link for your PRE- APPROVAL Term Sheet within 48 business hours. No upfront fees, tax returns, income verification, credit cards, Social Security Numbers, or credit checks required for PRE-APPROVAL.
