Bridge Loans

A Bridge Loan is a short-term loan that provides immediate cash flow to meet urgent financial needs. It’s called a “bridge” loan because it serves as a temporary bridge between two financial points, typically used to secure a property or investment opportunity while longer-term financing is secured or until an existing property is sold.

Fix and flip loans can be used for various types of properties including single-family homes, multi-unit properties, condominiums, condo-hotels, townhouses and other property types, case by case.

Speed of Funding: One of the most significant benefits of Bridge Loans is the rapid access to funds they provide. Unlike traditional loans, which can take weeks or months to process, Bridge Loans can be arranged relatively quickly, often within a matter of days. This speed enables borrowers to seize time-sensitive opportunities, such as purchasing property in a competitive market.

Flexibility in Terms: Bridge Loans are known for their flexibility. Borrowers can often negotiate the loan terms, including the repayment schedule, to suit their specific needs. This flexibility can be particularly beneficial for borrowers who need tailored financing solutions to bridge a temporary gap in their finances.

No Prepayment Penalties: Our Bridge Loans do not include prepayment penalties, allowing borrowers to repay the loan as soon as their permanent financing becomes available or their current property is sold. This feature can save borrowers a significant amount in interest costs.

Facilitates Property Transactions: For real estate investors and buyers, Bridge Loans provide the necessary capital to purchase a new property before selling an existing one. This advantage is crucial in hot real estate markets where waiting to sell one property before buying another could mean missing out on a prime investment opportunity.

Bridges Financial Gaps: Whether it’s waiting for a home to sell, securing long-term financing, or needing cash for a time-sensitive investment, Bridge Loans help individuals and businesses manage cash flow gaps. They provide a financial bridge, allowing for uninterrupted progress in projects or investments.

Leverage More Opportunities: By providing immediate funding, Bridge Loans enable borrowers to take advantage of investment opportunities they might otherwise miss. This can lead to potentially higher returns on investment, as the ability to act quickly in the real estate market often results in better deals.

For all eligibility criteria please refer to Bridge Loan Brochure

Our rates start at 9.99% for standard loans.