Short-term capital, closed fast
Bridge Loans
Close now and refinance or sell later. Financing for quick-close acquisitions, maturing loans and properties in transition, while long-term financing is put in place.
- Time to close7–14 days
- LeverageUp to 75%of purchase or as-is value
- Term6–12 monthsinterest-only, no prepayment penalty after 3 months
When a bridge makes sense
Quick-close purchase
Auction, REO and off-market deals where the seller won’t wait for a bank.
Refinance or cash-out
Pay off a maturing loan, or release equity for the next project.
Lease-up
Hold a rental through renovation and leasing, then refinance into a long-term DSCR loan.
Light renovation
Optional renovation funds, released in draws after inspection.
From purchase to exit
- Day 1Send the dealContract or payoff statement, property details and your exit plan.
- Within 24 hoursTerm sheetWritten preliminary terms once the file is complete.
- 7–14 daysClosingAppraisal, title and funding through a title company.
- 6–12 monthsInterest-onlyMonthly interest. One 6-month extension available if needed.
- ExitSale or refinanceRepay from a sale or a long-term DSCR loan. No prepayment penalty after 3 months.
Terms
| Loan amount | From $50,000 |
|---|---|
| Leverage | Up to 75% of purchase price or as-is value, whichever is lower |
| Term | 6–12 months, with one 6-month extension at the lender’s discretion |
| Payments | Interest-only, monthly |
| Origination | 1.5–2 points |
| Prepayment penalty | None after 3 months (3-month minimum interest) |
| Security | First lien on the property and a personal guaranty from the principals |
| Property | Non-owner-occupied 1–4 unit residential investment property |
*Indicative terms for qualified transactions. Actual rate, points and leverage depend on the property, the project and the borrower, and are subject to underwriting, appraisal and final approval. Advertised rates, fees and terms may change without notice.
Plan your exit
- Sale: we look at the as-is value, recent comparable sales and time on market
- Refinance: we look at the market rent and whether it supports a long-term DSCR loan
- A realistic exit is the first thing we underwrite
What we’ll ask for
- Purchase contract or current loan payoff statement
- Property details and photos
- Leases or a market-rent estimate for rentals
- Entity documents and photo ID of each guarantor