Waterman Capital Bridge Loans
Fast, Flexible Funding for Your Transitional Real Estate Needs
Get Your Bridge Loan Quote Today!
Service Snapshot: Bridge Loan Program
| Feature | Details for Bridge Loan Investors |
|---|---|
| Primary Loan Uses | Acquisition Before Sale, Preventing Foreclosure, Rehab Completion, Equity Pull, Quick Closings |
| Typical Funding Time | 5-10 Business Days (as fast as 3 for qualified projects) |
| Loan-to-Value (LTV) | Up to 70-75% of Current Market Value |
| Target Property Types | Residential (1-4 units), Multifamily, Commercial, Land (with approved plans) |
Why Choose Waterman Capital for Your Bridge Loan?
Real estate investing often presents unique challenges and time-sensitive opportunities that demand quick, temporary capital. Whether you're acquiring a new property before selling an existing one, needing funds to complete a rehab, or seeking to avoid foreclosure, a bridge loan can be the ideal solution.
Waterman Capital offers a strategic advantage:
- Rapid Financing: Our streamlined process ensures fast approvals and funding, often within 3-10 business days. This speed is crucial for seizing opportunities and bridging gaps where traditional financing falls short.
- Versatile Solutions: We specialize in tailoring bridge loans for a wide range of scenarios, providing the flexibility you need for transitional periods in your investment strategy.
- Asset-Based Focus: Our lending decisions are primarily based on the property's equity and your clear exit strategy, rather than extensive credit checks or lengthy income verifications.
Frequently Asked Questions About Bridge Loans
What is a bridge loan and when is it ideal?
A bridge loan is a short-term, asset-backed loan designed to "bridge the gap" between a borrower's immediate financial need and securing long-term financing or completing a sale. It's ideal for situations requiring quick capital, such as acquiring a new property before an old one sells, completing a property renovation, or preventing foreclosure, where speed and flexibility are paramount.
How fast can I get a bridge loan funded?
We understand that bridge loan situations are often time-critical. For qualified projects, Waterman Capital can typically fund bridge loans in as little as 3-5 business days, with most loans closing within 7-10 business days. This efficiency ensures you don't miss out on opportunities or face unnecessary delays.
What types of properties qualify for a bridge loan?
Waterman Capital offers bridge loans on a broad spectrum of property types, including single-family homes, multi-unit residential (2-4 units), apartment buildings, commercial properties (retail, office), and land for development. The key focus is on the property's value, the borrower's equity, and a clear, viable exit strategy.
How does a bridge loan differ from a traditional bank loan or a fix & flip loan?
Unlike traditional bank loans, bridge loans are short-term, processed quickly, and based on asset equity rather than extensive credit history. They differ from standard fix & flip hard money loans by typically focusing on transitional financing needs—like bridging an acquisition gap or preventing foreclosure—rather than solely funding a property's purchase and renovation with a clear intent to sell immediately after rehab, although they can sometimes overlap if a rehab is part of the "bridge."
Ready to bridge the gap to your next investment?
Get pre-qualified or apply now for a fast bridge loan.
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