Bridge Loans
Seamless Transitions & Quick Capital for Your Real Estate Projects
Get Your Fast Bridge Loan Quote
*Connecting your current and future real estate endeavors nationwide.
Service Snapshot: Bridge Loan Solutions
| Feature | Details for Bridge Loan Borrowers |
|---|---|
| Primary Use Cases | Property Acquisitions, Refinancing, Construction Completion, Asset Repositioning |
| Typical Funding Time | 5-10 Business Days (as fast as 3 for qualified projects) |
| Loan-to-Value (LTV) | Up to 75% ARV (After Repair Value) / Up to 65% LTV on existing assets |
| Target Property Types | Residential (1-4 units), Multifamily, Commercial, Land with Plans |
Why Investors Choose Waterman Capital for Bridge Loans
Bridge loans are essential for investors who need to act quickly, bridge a financing gap, or secure a property while long-term financing or a sale is being finalized. Waterman Capital specializes in providing flexible and fast bridge loan solutions.
Waterman Capital offers a strategic advantage for your bridging needs:
- Speed & Efficiency: Our streamlined application and underwriting process ensures you can secure critical funding quickly, often within 3-10 business days, allowing you to seize opportunities without delay.
- Flexible Terms: We understand that every bridging situation is unique. Our loans are designed to be adaptable, catering to various scenarios like acquisitions, property repositioning, or completing a construction project.
- Asset-Based Lending: Our focus is on the property's value and the project's viability, making it easier to qualify even if you have less-than-perfect credit or complex financial structures.
- Clear Exit Strategies: We work with you to understand your exit strategy, ensuring the bridge loan smoothly transitions into your next phase, whether it's a refinance, sale, or permanent financing.
Frequently Asked Questions About Bridge Loans
What is a bridge loan and when should I use one?
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 while waiting for long-term financing to be approved. It's ideal for investors needing immediate capital for acquisitions, to avoid defaulting on an existing loan, or to cover expenses during a property's renovation and sale.
How fast can I get funded for a bridge loan?
Waterman Capital prides itself on rapid funding for bridge loans. For qualified projects, we can often fund loans in as little as 3-5 business days, with most loans closing within 7-10 business days. This speed is crucial when you need to act quickly on a real estate opportunity.
What types of situations are ideal for bridge loans?
Bridge loans are perfect for a variety of scenarios: purchasing a new investment property before selling an existing one, refinancing a property to pull cash out for another investment, completing construction or renovation projects when other funds run short, or acquiring properties that require quick closing times that traditional lenders can't meet.
Do you require an appraisal for bridge loans?
To expedite the process for bridge loans, we often utilize BPOs (Broker's Price Opinions) or conduct our own internal valuations based on recent comparable sales and market analysis, rather than waiting for a full, traditional appraisal. This allows us to assess the asset's value quickly and move forward with funding faster.
Ready for a seamless transition with a bridge loan?
Get pre-qualified or apply now for fast and flexible bridge financing.
Apply Now
