BRIDGE

Bridge Loans or hard money are asset based loans collateralized against the real estate with minimal additional or non-existent qualifying criteria. The real estate securing the loan provides the recourse in the event of default (if it's a non-recourse loan) or the borrowers is the guarantors for the debt if the loan is a recourse loan. The loan to value (LTV) for bridge loans are lower, interest rates are higher and loan duration considerably lower than permanent loans creating more available equity if the lender has to foreclose on the asset and liquidate it. These loans provide a viable means to quick funding, short term financing, cash flow restricted projects financing, value play deals, etc. Possible bridge loan terms available by lenders are: -

Purchase and construction

Multifamily, Retail, Industrial, Mixed Use, etc.

Interest Only

50 - 70% LTV

Loan Term: 1 - 3 years

Non-Owner Occupied

Full Doc, Stated, Bank Statement

and more...
Commercial Mortgage Brokers *CRE Private Equity *CRE Debt Financing

Services

These are some of the properties we finance:

 Multifamily

 Mixed Use

Retail

Industrial

Office

 Hospitality

 Senior Housing

 Special Use

610 LACEY ROAD
P O BOX 202
FORKED RIVER
NEW JERSEY 08731

Phone
(609)971-7171

Fax
(609)971-7144

Email:
info@bestcreloans.com