Bridge Loans
Fast & Flexible Short-Term Capital for Real Estate Investors and Property Owners
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*Serving investors nationwide for strategic property transitions.
Service Snapshot: Bridge Loans
| Feature | Details for Bridge Loan Borrowers |
|---|---|
| Primary Loan Types | Property Acquisition, Preventing Foreclosure, Financing New Construction, Refinancing/Cash-Out |
| Typical Funding Time | 5-15 Business Days (as fast as 3 for urgent situations) |
| Loan-to-Value (LTV) | Up to 70-75% of Current Market Value |
| Target Property Types | Residential (1-4 units), Multifamily, Commercial, Land Acquisition & Development |
Why Investors Choose Waterman Capital for Bridge Loans
Bridge loans are essential for navigating critical transitions in real estate. Whether you're purchasing a new property before selling an existing one, need capital to complete a rehab, or require quick financing to avoid foreclosure, traditional lenders often can't provide the speed and flexibility you need.
Waterman Capital offers a strategic advantage:
- Rapid Funding: Our streamlined process allows for quick approvals and closings, often within days, ensuring you don't miss opportunities or face deadlines.
- Flexible Terms: We understand that every situation is unique. Our bridge loans are tailored to your specific needs, offering customizable terms, interest-only payments, and various exit strategies.
- Asset-Based Lending: We focus on the value of your real estate asset and the strength of your exit strategy, rather than strict credit scores or extensive income documentation, making approval faster and more accessible.
- Versatile Use Cases: Our bridge loans can be used for a wide range of purposes, including securing new investment properties, funding construction, preventing foreclosure, or providing working capital during a property sale.
Frequently Asked Questions About Bridge Loans
What is a bridge loan and when is it typically used?
A bridge loan is a short-term loan used to "bridge" the gap between the sale of one property and the purchase of another, or to provide quick capital for other time-sensitive real estate needs. It's ideal when you need fast access to funds, such as securing a new deal, avoiding foreclosure, or completing a property renovation before long-term financing is secured.
How quickly can I get approved and funded for a bridge loan?
Speed is a hallmark of bridge loans. At Waterman Capital, we can often provide approvals within 24-48 hours and fund loans in as little as 3-5 business days for qualified projects, with most loans closing within 1-2 weeks. This rapid turnaround is crucial for seizing opportunities or addressing urgent financial needs.
What types of properties qualify for a bridge loan?
We lend on a broad spectrum of property types for bridge loans, including single-family homes, multi-unit residential properties, commercial buildings (retail, office, industrial), and even land for development. The key is the property's underlying value and a clear, viable exit strategy for the loan.
What is an exit strategy for a bridge loan?
An exit strategy outlines how you plan to repay the bridge loan, as it's a short-term solution. Common exit strategies include selling the property, refinancing with a conventional long-term loan (e.g., after a rehab is complete), or securing permanent financing for a new acquisition. We work with you to ensure a clear and realistic exit plan.
Ready to bridge your real estate financing gap?
Get pre-qualified or apply now for a fast and flexible bridge loan.
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