Bridge Loans

Bridge Loans

RSA Funding has relationships with many Bridge Lenders who offer very competitive terms for customers who may need a transitional bridge loan. A customer may need a bridge loan because of an impending balloon payment or a credit issue that may need time to be resolved before they can seek conventional financing.

 

Loan size: From $1 million and up.

Property types: All types considered – multifamily, condominiums, office, mixed-use, retail, warehouse, industrial, hospitality.

Terms: 1 to 3 year loans with extension options.

Interest rates: From 8%

LTV: Up to 75%

Fees: From 2% (lender fees) plus broker fees.

Uses of Proceeds: Acquisition, refinance, property improvements, construction.

 

 

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