Bridge Loans
Fast, Short-Term Capital for Real Estate Investors & Property Owners
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*Quick financing to bridge gaps, secure acquisitions, and facilitate transitions.
Service Snapshot: Bridge Loan Program
| Feature | Details for Bridge Loans |
|---|---|
| Typical Use Cases | Property Acquisition, Refinancing, Construction Completion, Avoiding Foreclosure, Gap Financing, Commercial Property Transitions |
| Typical Funding Time | 5-10 Business Days (as fast as 3 for qualified projects) |
| Loan-to-Value (LTV) | Up to 70% of As-Is Value or 75% ARV (After Repair Value) |
| Target Property Types | Residential (1-4 units), Multifamily, Commercial, Land with Plans, Distressed Properties |
Why Choose Waterman Capital for Your Bridge Loan?
Bridge loans are essential tools for investors and property owners facing time-sensitive opportunities or temporary financing gaps. Traditional lenders often can't move fast enough or provide the flexibility required for these unique situations.
Waterman Capital offers a strategic advantage for bridge financing:
- Unmatched Speed: Our streamlined process allows for rapid underwriting and closing, often in as little as 3-10 business days. This speed is critical when you need to act quickly on an opportunity or resolve an urgent financial need.
- Flexible Solutions: We specialize in asset-based lending, focusing on the value of your property and the viability of your exit strategy, rather than just credit scores. This enables us to fund complex scenarios that traditional banks avoid.
- Tailored Terms: Bridge loans are inherently short-term. We craft loan terms that align with your specific project timeline and repayment strategy, whether it's selling the property, securing long-term financing, or completing renovations.
Frequently Asked Questions About Bridge Loans
What is a bridge loan?
A bridge loan is a type of short-term, secured financing used to "bridge" a gap in funding. It provides immediate capital while the borrower finalizes a more permanent financing solution or completes a transaction, such as selling an existing property or securing a long-term mortgage.
When should I consider using a bridge loan?
Bridge loans are ideal in situations requiring quick capital. Common uses include purchasing a new property before selling an old one, acquiring distressed assets with tight deadlines, covering construction costs until project completion, avoiding foreclosure, or taking advantage of an immediate investment opportunity that won't wait for traditional bank financing.
How quickly can I get approved and funded for a bridge loan?
We understand the urgency often associated with bridge financing. Our efficient process allows us to pre-qualify borrowers quickly and often fund loans in as little as 3-5 business days, with most bridge loans closing within 7-10 business days. This speed is a key advantage over conventional lending.
What types of properties qualify for a bridge loan?
We lend on a wide range of property types, including single-family homes, multi-unit residential properties, commercial real estate (retail, office, industrial), and even land for development. The focus is on the property's value and the feasibility of your exit strategy.
What are the typical terms for a bridge loan?
Bridge loans are short-term, typically ranging from 6 months to 24 months. Interest rates are generally higher than conventional loans due to the increased speed and flexibility, but they are crucial for capitalizing on time-sensitive opportunities. Repayment is often interest-only, with a balloon payment at maturity, tied to your planned exit strategy.
Need fast capital to bridge your next real estate opportunity?
Get pre-qualified or apply now for a flexible bridge loan.
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