Short-Term Bridge Loans for Real Estate Investors Nationwide
Watermen Capital is a national bridge lender for real estate investors who need to move fast. When a deal won't wait for a bank, a bridge loan gives you the short-term capital to acquire, renovate or reposition a property, then sell or refinance on your schedule.
Our originators, underwriters and closers have deep experience in both distressed investing and private real estate lending. We underwrite the property and your business plan, close quickly, and fund rehab draws efficiently, so you can focus on executing the deal.
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Bridge Loan Snapshot
- Property Types: Single-Family Homes, Condominiums, 2-4 Unit and Multifamily Apartments
- Loan Amount: $75,000 to $10,000,000 per property
- Interest Rates: Starting at 8.5%
- Payments: Interest Only
- Loan Term: 12 to 24 Months, Prepayable
- Loan Advance: Up to 90% of Purchase Costs, Up to 100% of Rehab Budget
- Typical Funding Time: 5-10 Business Days (as fast as 3 for qualified projects)
When Investors Use a Bridge Loan
A bridge loan fills the gap between buying a property and its long-term outcome. Investors use them to:
- Close Fast on a Competitive Deal: Make a strong offer and close before a bank could finish underwriting.
- Buy Properties Banks Won't Finance: Distressed, vacant or outdated properties that don't qualify for conventional loans.
- Renovate and Reposition: Fund the purchase and the rehab budget together, then sell or refinance at the improved value.
- Stabilize Before a Long-Term Loan: Get a rental property leased up, then refinance into a long-term rental loan.
Why Investors Choose Watermen Capital
- Speed & Certainty: A streamlined application and in-house underwriting mean you close on schedule.
- Asset-Based Underwriting: We focus on the property and the plan, not just your tax returns.
- Fast Draw Funding: Rehab draws are inspected and released quickly to keep your project moving.
- A Clear Exit: Our long-term rental loans give you a path from bridge to permanent financing without changing lenders.
How Our Bridge Loans Work
1. Apply: Send us the property address, purchase price, any rehab budget and your exit plan.
2. Get Terms: We review the deal and issue a term sheet, typically within a day or two.
3. Close: We value the property, finalize underwriting and fund your purchase.
4. Execute: Complete your renovation or lease-up, drawing rehab funds as work is finished.
5. Exit: Sell the property, or refinance into a long-term rental loan and hold.
Bridge Loan FAQs
What is a bridge loan?
A bridge loan is short-term financing used to acquire or improve an investment property until it can be sold or refinanced into long-term debt. It's underwritten mainly on the property and your plan, which lets it close much faster than a conventional loan.
How is a bridge loan different from a fix and flip loan?
A fix and flip loan is one type of bridge loan, built specifically for buying, renovating and reselling. Bridge loans cover a wider range of short-term strategies, including stabilizing a rental before refinancing or closing quickly on a property that doesn't need much work.
Can a bridge loan include renovation costs?
Yes. We can finance up to 90% of purchase costs and up to 100% of your rehab budget, with rehab funds released through a draw schedule.
What are typical exit strategies?
Most borrowers either sell the property or refinance into a long-term rental loan. We'll ask about your exit plan up front so the loan term fits your timeline.
Where do you lend?
We fund bridge loans throughout the United States. Find your state in the list below for local details.
Ready to close your next deal?
Get pre-qualified or apply now for a fast bridge loan built around your project.
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