Bridge Loans

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Bridge Loans

Bridge loans are short-term loans used to provide quick capital while positioning the property for longer-term financing or a sale. They are commonly used in real estate to acquire, renovate, or refinance properties that don’t yet qualify for permanent financing. These loans typically have terms of 6 to 24 months and are interest-only, making them ideal for transitional situations. Because they prioritize speed and flexibility, bridge loans are often favored by investors and developers working on time-sensitive deals. The loan is usually repaid through a refinance, sale, or cash flow from the stabilized asset.

why bridge loans ?

Bridge loans are generally focused on speed and flexibility.

Program Guidelines

See below for an overview of where these loans come into play.

Property Types Multifamily, Mobile Home Communities, Industrial
LOAN SIZE $2,000,000 to $50,000,000
LTV Up to 80% LTC
LIEN POSITION First Lien
LOAN TERM 1 to 3 Years
INTEREST RATES Starting at 6%
AMORTIZATION Often Full Term Interest Only
ORIGINATION FEES 1-2 Points
LENDING AREAS United States