Commercial Bridge Loans

About Commercial Bridge Lending

Our program offers expedited funding for the purchase or enhancement of properties with multiple units or mixed-use spaces. With our comprehensive service, we handle all aspects in one convenient location, streamlining the process of building your property portfolio.

Commercial Bridge Loan Details

Interest Rate:

Rates Starting at 9.49%

Max Loan to Cost:

Up to 85% LTC of Total Project Cost

Property Type:

Select Mixed-Use and Multi-family Properties

Limitations:

No Special Use or Commercial Only Properties

Loan Term:

12 Month Term

Max Loan to ARV:

Up to 75% ARLTV

Loan Size:

Minimum Loan Amount of $500,000

How Interest is Charged:

Interest Charged As Drawn

Frequently Asked Questions

What type of property qualifies under the commercial bridge program?

A property can be classified as a commercial multifamily property if it has 5 or more living spaces used for businesses or housing, or if it has a combination of commercial and living spaces, and the majority of the rental income is generated from the living spaces. This classification applies to properties that accommodate both residential and commercial purposes.

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

To qualify for the loan, the borrower must demonstrate a proven track record in commercial property investments. Additionally, we seek individuals with excellent credit standing and sufficient financial capacity to repay the loan. Our lending policy allows for a maximum loan amount of 70% of the property’s value, with the possibility of extending up to 75% in select cases.

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

We can provide you with up to 80% of the funds to purchase the property and 100% of the funds for construction, as long as the total loan does not exceed 70-75% of the property’s value. The remaining 20-25% will need to be covered by your own funds for the property purchase.

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 offer a variety of loan options for mixed-use and multifamily properties. With loan terms ranging from 5 to 30 years, you can borrow up to 75% of the property value for both purchasing and refinancing. Additionally, if you have sufficient equity remaining after mortgage repayment, we provide a cash-out refinancing option. Explore our flexible solutions to meet your financing needs.