Hard Money and Bridge Loans

Bridge and Hard Money LoansThese loans consist of situations where a commercial property owner can’t get traditional financing and they need to act fast to either acquire a commercial property, finish construction or cash out on their commercial property assets. A distinct advantage of this type of financing is the loan is not based so much on the owner’s credit but rather on his assets. Please note that we will not consider any property types that may pose an environmental risk.

Our Hard Money and Bridge Loans are basically in 2 categories:

Small-balance Commercial Properties:

  • Loan Amount: $100,000 – $2,500.000
  • LTV: Up to 70% of the purchase price; up to 50% Refinance, up to 50% Cash–Out dependent on type, location and quality of property
  • Property Types: Mixed-use; Office; Multi-family (5 units +); Retail
  • Term: 18 months; a six month extension is available for this product (a 2% fee will apply for extension)
  • FICO: 600 minimum

Traditional Hard Money and Bridge Loan product:

  • Loan Amount: $1,000,000 – $25,000,000
  • LTV: Up to 65% of the purchase price; up to 50% Refinance, up to 50% Cash-Out
  • Property Types: Mixed-use,Hospitality (hotels), Office, Apartment Complexes, Retail
  • Term: 1-3 years
  • FICO: No set minimum; dependent on type and quality of collateral

Contact us today and one of our financial specialists will give you a no-cost analysis of what we can provide for your company.

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Office: (831) 754-0497

eFax: (408) 413-2210

Hours: 8am - 6pm PST

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