Short-term loans used to bridge the gap between buying and selling homes.
Bridge Loan Facts
- Term: 12 Months
- Amount: $100k to $2.5M+
- Interest Rate: 12%
- Origination Fee: 2%
- LTV: Up to 80% of price
Up to 70% of the ARV
- Property: Residential
- Type: Non-Owner Occupied
- Pre-Pay Penalty: No
- Extension: 1% for One Yr
Residential Bridge Loans
A residential hard money bridge loan is a short-term loan that is secured by real estate.
These loans are typically used to bridge the gap between the time when a borrower needs money and the time when they can obtain a more traditional loan. For example, a borrower might use a residential hard money bridge loan to purchase a new property before they sell their current property.
Residential hard money bridge loans typically offer several advantages. First, they can be approved and funded quickly. Second, they don't require a good credit score. Third, they can be used for a variety of purposes, including purchasing a new property, renovating a property, flipping a property, among other purposes.
SFR Capital: Making Bridge Loans Easy
Bridge Loans - Easy
Traditional loans are complicated and confusing. With SFR Capital, our residential hard money bridge loans are simple to understand.
Bridge Loans - Fast
An application process that takes just 5 minutes is only the first way SFR Capital makes residential hard money bridge loans fast.
Bridge Loans - Certain
SFR Capital keeps it simple by requiring only factual information about the property and ownership when underwriting.
We're here to answer your questions
SFR Capital – Residential Bridge Funding
SFR Capital is typically able to approve and fund loans much more quickly than traditional banks. This can be a major advantage if you need the money quickly, such as if you're trying to close on a property before it's sold to someone else.
Hard money lenders are typically more lenient on credit requirements than traditional banks. This means that you may be able to qualify for a hard money loan even if you have bad credit or other financial problems.
SFR Capital hard money loans do not have prepayment penalties. This means that you can pay off the loan early without having to pay any additional fees. This can be a major advantage if you're able to sell your property quickly and pay off the loan early.