Bridge or "Hard Money" loans are typically short-term loans used as an option when conventional financing is not possible. It is an excellent way to get funds very quickly, and it is a flexible financing option for borrowers looking for short-term real estate financing solutions.
Bridge loans can use these loans to acquire multifamily properties, retail, office, hospitality, mixed-use, single-family homes, and improvements or renovations in a property.
Office, Industrial, Hospitality, Retail, Multifamily, Mixed-Use Property, Land
1. Loan Amount: $100,000-$50M
2. Maximum Loan To Value: Up to 75%
3. Term Length: 1-3 years
4. Amortization: Interest only
5. Interest Rate: 8.5% – 14%
6. Non-Recourse: Yes
1. Quick closing
3. Available for many uses
4. Payments may be interest-only
5. Little documentation
1. Higher interest rates and fees
Loans are for business purposes only and not for personal, family, or household use. This does not constitute a commitment to lend. All loans must satisfy Vertix Group LLC and Lender’s underwriting guidelines and due diligence. Loan amounts, interest rates and costs presented are for informational purposes only and are subject to change without notice and at Vertix Group LLCs and/or Lender’s discretion. Other conditions may apply.
1000 Brickell Ave, Suite 580. Miami, FL 33131
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