Commercial Bridge Loans

About Commercial Bridge Loans

Our Commercial Bridge Lending program provides fast and flexible funding for acquiring or improving multi-unit or mixed-use properties. With a streamlined process, we handle everything in one place, making it simple and efficient for you to grow your real estate portfolio.

New Construction Loan Details

Interest Rate:

Rates Starting at 10.75%

Loan Term:

12 Month Term

Max Loan to Cost:

Up to 85% LTC of Total Project Cost

Max Loan to ARV:

Up to 75% ARLTV

Property Type:

Select Mixed-Use and Multi-family Properties

Loan Size:

Minimum Loan Amount of $500,000

Limitations:

No Special Use or Commercial Only Properties

How Interest is Charged:

Interest Charged As Drawn

Frequently Asked Questions

What type of property qualifies under the commercial bridge program?

This means that a property with 5 or more living spaces used for businesses or housing and any building with a mixture of commercial and living spaces, can be classified as a commercial multifamily property if the majority of the rental income comes from the living spaces.

What are the qualifications for getting an approval for the commercial bridge program?

To get the loan, the person who wants to borrow money must show that they have experience investing in commercial properties. We also want to work with someone who has good credit and enough money to pay back the loan. We will only give a maximum of 70% of the property’s value as a loan. In some cases, we may give up to 75%.

How much of the acquisition and construction is covered with the commercial bridge loan?

We can lend you most of the money to buy the property (up to 80%) and all of the money for construction (100%), as long as the total loan is no more than 70-75% of the property’s value. You’ll need to provide the remaining 20-25% of the money to buy the property yourself.

Do you offer a permanent loan option if my exit strategy is to refinance and hold onto the property once it has been improved and is stabilized?

We have different choices for loans on mixed-use and multifamily properties. We provide terms from 5-30 years and you can borrow up to 75% of the property value for buying or refinancing. If you have enough equity left after paying off your mortgage, we have an option for cashout refinancing.