Loan Program
Bridge Loans
Short-term financing that closes the gap between two transactions.
A bridge loan gives you time. It funds a purchase or refinance quickly on an as-is basis so you can meet a closing deadline, stabilize a property, or wait for a sale or long-term refinance to come together.
Terms are typically 6 to 24 months with interest-only payments, and the exit strategy is the core of the underwriting.
When a Bridge Loan Makes Sense
A bridge loan solves a timing problem. The seller needs to close in ten days and your bank needs forty-five. A loan is maturing before the sale closes. A completed project has equity you want to redeploy now. In each case the loan is sized on the as-is value of the property, closes fast, and is paid off by a sale or a long-term refinance.
Because the exit is the whole underwriting, we spend most of our time on it: the list price and days on market if you are selling, or the DSCR refinance numbers if you are holding. A realistic exit gets a better rate than an optimistic one.
Terms and Structure
Bridge loans typically run 6 to 24 months, interest-only, with no prepayment penalty. On refinances we can include cash-out above the payoff when the equity supports it. On purchases the loan closes on the as-is value with no rehab component, which keeps the file simple and fast.
Best For
- Quick-close purchases where conventional financing is too slow
- Refinancing a maturing loan while a sale or refi is arranged
- Pulling equity from a completed project before it sells
What We Look At
- As-is value and payoff amount
- Exit strategy and timeline
- Any rehab or construction completed to date
- Borrower credit and liquidity
Have Ready
- Property address and current payoff (if refinancing)
- Exit strategy
- Three comparable sales
- Addresses of past projects
FAQ
Bridge Loans Questions
How quickly can a bridge loan close?
As little as 72 hours with clear title and insurance in place. Seven days is typical. Our fastest close on record was under 24 hours.
Can I get cash out on a bridge refinance?
Yes, when the as-is value supports it. Tell us the payoff amount and the as-is value on the application and we will quote the available cash-out.
What if my exit takes longer than planned?
Extensions are available. We would rather extend a loan than force a sale, and we will tell you the extension terms up front.
Do bridge loans require an appraisal?
Usually a desktop or drive-by valuation is enough for a bridge loan, which is part of why they close faster than DSCR loans.
How do I apply?
Choose your loan type on the Get a Quote page and complete the online application. It takes about 5 minutes. We review it, send terms, and once you accept we open the file and order title and insurance.
Do I need an LLC?
Investor loans are made to an entity, usually an LLC. If you do not have one yet, our Form Your LLC page will get you set up quickly, and the entity only needs to exist before closing, not before you apply.
Where do you lend?
Nationwide, with our deepest experience in Nashville and across Tennessee. Luxury and rural properties are welcome as long as the value is supported by comparable sales.
Available Nationwide
We fund this program in markets across the country. Local guides for our home region:
Other Programs