BRIDGE LOANS
Most property types accepted
No minimum credit score!
Up to $2,500,000
The bridge loan program is our most popular loan product due to it's flexibility; mainly due to having no minimum credit score. Aside from no minimum credit score, there are additional benefits such as no prepayment penalty, flexible underwriting guidelines, and convenient monthly interest-only payments to keep payments low. Like all of our loan programs, applying for our Bridge Loan does not have any minimum time in business requirement, no minimum monthly revenues, and absolutely zero income documentation; a true asset-based loan.
ELIGIBLE PROPERTY TYPES: Single Family, Condo, Townhouse, 2-4 Units, Multifamily 5+, Mixed-Use
BRIDGE LOAN OVERVIEW
Single Family, Condo, Townhouse, Multifamily, Mixed-Use
Reasons to choose a Bridge Loan
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Purchase a property
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Convert equity into cash
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Consolidate business debts
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Foreclosure bailout
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Property renovations
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Purchase a business
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Startup business funding
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Working capital
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Business expansion
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Purchase inventory
QUICK QUOTE
We understand the importance of making informed financial decisions, which is why we offer an instant decision on your pre-approval, ensuring you're not left waiting. Our process is designed with your peace of mind as a priority: there's absolutely no risk, no obligation to proceed, and, most importantly, it will not impact your credit score in any way.
We've tailored our pre-approval form to be as straightforward and user-friendly as possible, allowing you to explore your options without any pressure or commitment. This no-strings-attached approach empowers you to make the best decision for your financial needs and future, on your terms. Whether you're looking to manage cash flow, invest in new opportunities, or simply need a financial safety net, GreenBridge Loans is here to provide the clarity and confidence you need to move forward.
Additional Bridge Loan Program Details:
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Properties zoned for commercial use (Multifamily 5+ units or Mixed-Use) are subject to a minimum $250,000 loan amount.
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Properties zoned for commercial use (Multifamily 5+ units or Mixed-Use) are eligible for financing in NJ, NY, CT, FL. Eligible commercial properties located in other states will be considered on a case-by-case basis.
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Maximum 75% Loan-to-Value (LTV) is reserved for applicants with a 675+ credit score. If credit score is below 675 then a maximum 65% LTV is in effect.
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No minimum credit score for properties located in NJ, NY, CT, FL. We will consider no minimum credit score for all other states on a case-by-case basis. If the credit score is 675 or greater it automatically meets the program guidelines for all eligible states listed on the map above.
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Minimum loan amount is $200,000 if credit score is less than 675
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First-time real estate investors are capped at 70% LTV
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Foreign investors are capped at 65% LTV
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The above parameters are common questions we receive and meant to help provide further insight into the qualifying process. The above details are not all-encompassing; additional underwriting guidelines apply. Your loan officer will review your scenario in its entirety to ensure loan program eligibility.
Bridge Loan