Short-term Bridge Loans
for Single Family (1 to 4 Units)
As private lenders, we are flexible and make quick decisions. Our underwriting is catered towards fast approvals (within 24 hours) and fast closings (within days). We provide funding for purchase only transactions and cash out refinancing. Our loans are simple and straightforward (the way hard money is supposed to be). For commercial deals, click here.
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Term: 12 months, interest only
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LTV: Up to 70% LTV purchase, 60% LTV cash out
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Rate: 10.99% to 12.99%, simple interest
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Min / Max Loan Amounts: $100,000 to $2,000,000
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Credit Score: N/A - No minimum credit score
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Time to Close: Typically within a week (if title work is clean)
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Documentation: Valid ID | Proof of funds to close (bank statement, etc.) | LLC or Inc docs | Proof of insurance | Payoff statement, if refinance
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Where: DC Metropolitan area (DC, MD, VA)
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Eligible Properties: 1 to 4 Units, single family
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Appraisal Required: No
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Source of Funds: In-house, balance sheet