Commercial Loans > Bridge Loans
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A streamlined approach to commercial real estate funding.
Commercial Bridge Loans provide the flexible, short-term financing you need to move quickly and efficiently. Whether you're looking to acquire a new property, refinance an existing one, or tap into the equity of your investment for renovation or other business related needs, the Commercial Bridge Loan program covers it all. Catering to multifamily, mixed-use, office, retail, and self-storage properties, our loans are designed to bridge the gap between your immediate financing requirements and long-term goals.
Take the first step towards funding.
Funding approval
Once you've selected the terms that best align with your investment strategy, your Loan Officer will submit your application for funding with lightning fast approvals. Our turn times are currently 24-hours or less.
Commercial Bridge Loan Program
Basic Guidelines & Qualifying Criteria
Understanding the general loan program guidelines for commercial bridge loans is the first step toward leveraging these powerful financial tools for your property. Designed to serve as a temporary funding solution, bridge loans can fill the gap between immediate financing needs and longer-term solutions, allowing investors and property owners to capitalize on opportunities without delay. Whether you're looking to acquire, renovate, or refinance commercial properties such as multifamily dwellings, mixed-use buildings, office spaces, retail centers, or self-storage facilities, our bridge loan program is crafted with flexibility and speed in mind. In this section, we will outline the fundamental guidelines that govern our bridge loans, providing you with the clarity and confidence needed to make informed decisions about your real estate investments.
$250,000
$25,000,000
65%
Minimum Loan
Maximum Loan
Maximum LTV
No minimum
No Minimum
No Minimum
Credit Score
Time In Business
Monthly Revenue
10.5% +
12 - 24 Months
Interest-Only
Rates
Terms
Payments
Lending Territory
The commercial bridge loan program is currently available in 31 states, each listed below. While we prefer major metro areas and their surrounding suburbs, we will consider all property locations except for rural. Additionally, if the location of the subject property is less than 25,000 in population it will be reviewed on a case-by-case basis. Unsure of your property locations population? You can look up current city/town populations by clicking here.
Approved States
Alabama
Arkansas
Colorado
Connecticut
Delaware
Florida
Georgia
Indiana
Illinois
Maine
Maryland
Massachusetts
Michigan
Missouri
New Hampshire
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Virginia
Washington
Washington, D.C.
West Virginia
Wisconsin
How does the funding process work?
Pre-qualify
The first step is the most important, discovering if your unique scenario qualifies for a Commercial Bridge Loan. This can be done in under 3 minutes right here on our website without any sensitive information; our main focus will be on the property. You can call us toll-free at 888-860-3612 to discuss your scenario with a Loan Advisor.
Loan Approval
Once you've been prequalified you'll receive a detailed quote, along with your loan application. After completing and e-signing your loan application you'll receive access to our loan portal where you can upload all required documents necessary to pre-underwrite and approve your loan.
Appraisal
Once we've issued your loan approval, the next step is a property appraisal. While we wait for the completed appraisal report, we're still actively working on preparing your loan for funding. We use this time wisely, and to our benefit, by working to clear any final conditions, such as updating your property insurance policy.
Funding
The big day! The good news is that we make closing simple and straightforward. Just pick a day, time, and location that works best for you and the closing attorney or title company will send a settlement agent to meet you with your closing package. We make sure that your Loan Advisor will be available during closing in the event you have any specific questions.
Ready for your Commercial Bridge Loan quote?
Pre-Approval will not impact credit.
QUICK QUOTE
Please complete all required fields below to generate your Quick Quote. There is no sensitive information required to receive initial loan pricing and terms. To ensure accuracy, please answer all questions to the best of your ability as it will directly impact loan pricing.
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What credit score is required for a stated income loan?Options are available for applicants seeking no minimum credit score, and it will depend on the loan-to-value (LTV) ratio and property type. There is no minimum credit score required if the LTV is 50% or less. For LTVs between 50.01% and 60%, a minimum credit score of 600 is needed. If the LTV exceeds 60%, a credit score of 650 is required.
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What types of commercial properties are eligible for stated income loans?Commercial: multifamily (5+ units), mixed-use buildings, office spaces, retail properties, warehouses, and self-storage facilities.
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What does “stated income” mean?Stated income loans allow borrowers to qualify without providing traditional income verification documents.
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What is the minimum loan amount for stated income loans?For commercial real estate there is $250,000 minimum loan amount. For residential investment properties we have a $75,000 minimum loan amount.
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What loan terms are available?Loan terms can be up to 30 years, with both fixed rate and interest-only rate options.
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Is there a maximum loan amount for stated income loans?The maximum loan amount is $6,000,000 for commercial real estate.
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What is the loan-to-value (LTV) ratio for stated income loans?The maximum LTV is 75%. The maximum combined loan-to-value (CLTV) is 90%, which only applies if you have, or will have, a second mortgage.
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Do you have a minimum occupancy rate?Yes, at least 70% of the units must be rented. For example, a 20-unit multifamily building would require at least 14-units (70%) to be currently rented to tenants.
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What documents are required to apply?We offer light documentation. Standard documents include a completed loan application, photo ID, proof of property insurance, and lease agreement(s). Additional documentation may be required depending on the specifics of your scenario.
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Are stated income loans available for self-employed individuals?Yes, self-employed individuals often benefit from this program since no tax returns are needed.
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How long does it take to get approved?Approvals can be issued within 48 hours, with funding timelines varying based on loan conditions.
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Can I use a stated income loan for commercial properties?Yes, these loans are a great option to finance commercial properties. Fixed rates allow for stability and predictable cash flow.
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Are there prepayment penalties?Prepayment penalties may apply depending on the loan terms.
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What industries are eligible for stated income loans?Any borrower meeting the credit and property requirements can qualify, regardless of industry.
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Can I refinance with a stated income loan?Yes, stated income loans can be used for refinancing.
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Do stated income loans require a down payment?Yes, down payment requirements vary based on the LTV and credit score.