Specialty Bridge |
|
|---|---|
|
Loan Amount |
Up to $10 Million |
|
Interest Rate |
As low as 7% |
|
Loan Term |
12 - 24 months, Extensions Available |
|
Amortization |
Interest-only |
|
Security |
First Mortgage Lien or Deed of Trust |
|
Loan-to-Value |
Up to 80% |
|
Loan-to-Cost |
Up to 100% |
|
Origination/Exit Fees |
0 - 2% |
|
Minimum Yield |
3 - 12 months |
|
DSCR |
Not required |
|
Recourse |
Non-recourse |
|
Sponsorship |
No minimum experience required |
|
Asset Types |
All major asset types, including land |
|
Closing Timeline |
7-21 days |
|
Loan Types |
Quick closing, new construction, rehabilitation, repositioning, value-add, pre-development, loan purchases |
|
Geographical Focus |
South Florida, New York-Tri State Area, and U.S. primary and secondary markets |
Download Specialty Bridge Lending Parameters
