Bridge Loan Program

Loan Amounts $1,000,000 – $ 40,000,000+

Collateral First Mortgage

Asset Types Multifamily, Single – Family, Mixed – Use, Office, Hotel, Retail, Industrial, Urban Land

Purpose Acquisition, Refinance, Development, Repositioning, Construction, Renovation, Cash Out

Status Stabilized, Transitional, Distressed

Interest Rates Negotiable (Typically from 8% to 10 %)

Loan to Value Up to 75 + % Loan to Total Capitalization/ 95% Loan to Purchase Price
(higher LTVs possible)

Term Up to 36 months

Fees 1 .0 – 2 .0%

Interest Reserve Varies

Amortization Fixed or Floating Rate Interest only

Prepayment | No Prepayment Penalty

Closing 1 – 2 Weeks