Get a quoteBridge loans are our core business: fast money against residential and commercial property, with no project required. We also fund fix and flip, up to 90% loan to cost.
Fast money against property. No project required.
We lend against the property itself, to buy, refinance or release equity. There is no rehab budget to approve and no works to fund, which is why we can move so quickly.
Purchase and rehab finance in one loan.
For investors buying a property to renovate and sell. We fund the purchase and the works.
| At a glance | Bridge loans | Fix and flip loans |
|---|---|---|
| What it is for | Quick finance against a property you are buying or already own | Buying a property to renovate and sell |
| Works funded | None. No rehab budget or holdback. | Yes. Up to 100% of rehab costs. |
| Property | Single family and all types of commercial | Single family |
| Headline leverage | Up to 80% loan to value | Up to 90% loan to cost |
| Loan size | $300K to $3M+ | $300K to $2.5M, including rehab |
| Minimum FICO | 550 | 550 |
| Experience | None required | None required. Better terms for experienced flippers. |
Leverage is lower for rural property, vacant land and property that is mid-construction. All loans subject to underwriting approval.
Many lenders in this market will only fund a project: a purchase with a rehab budget attached. A bridge loan is simpler. We lend against the value of the property, so you can buy quickly, refinance a loan that is maturing, or release equity for your next deal.
With no works to assess and every decision made in-house, a bridge loan is the fastest loan we make. Our quickest closed in 36 hours.
Quick finance against single family property, including homes let on Airbnb and other short-term rental platforms.
Quick finance against any type of commercial property. More on commercial bridge loans
One loan for the purchase and the renovation. We lend against the property on day one, then fund your rehab budget on top.
For experienced flippers we fund up to 100% of rehab costs, which can take the loan to as much as 90% of your total project cost.
For first-time flippers. We look at your liquidity in place of a track record.
For investors with five or more flips in the last three years.
No debt-to-income test and no net worth test.
That is all we ask to see.
If less than 90 days old. Cash-out refinances need a new appraisal.
Entities owned by foreign nationals are welcome.
From anyone holding 20% or more of the borrowing entity.
In Oregon we lend on commercial property and residential buildings of five or more units.