Warehouse – Light Industrial Bridge Loans
Cash-out, refinance and purchase
With mezzanine/preferred equity you only need 5 to 10% cash at closing. Property’s first mortgage must be financed through Eagle to qualify for this program (75% LTV without mezzanine/ preferred equity).
*$1 Million to $15 Million
*No minimum credit score
*No tax returns or income verification
*No monthly payment option (with built in interest reserve)
*Term: 6 to 36 months
*No prepayment penalty
*First lien: 7.5%% to 8.5%; mezzanine/preferred equity rates subject to underwriting
*1st lien required
*Foreign nationals welcome for USA properties
*Loans funded in 20 to 30 days WF
To submit your online loan request, please click the blue GET STARTED Link to receive your PRE-APPROVAL Term Sheet within 48 business hours. No upfront fees, tax returns, income verification, Social Security Numbers, credit checks or credit cards required for PRE-APPROVAL.