When a bridge loan makes sense
- Value-add: the property needs renovation or lease-up before it qualifies for bank financing.
- Time-sensitive purchase: you need certainty of close to win the deal.
- Complex situations: tax liens, partner buyouts, note maturities or a credit event that conventional lenders won't touch.
- Recapitalization: pulling equity out of a property that's mid-repositioning.
A recent example
A hotel owner in Vallejo, California needed $2,290,000 to renovate, but other lenders declined because IRS taxes had to be paid off from the loan proceeds. We placed it with a bridge lender who would structure around the payoff, and the deal closed.
Plan the exit before you close
Bridge loans cost more than permanent debt, so the exit matters as much as the entry. Before you commit, we map the path to a refinance or sale: the occupancy and income you'll need, which lenders will take you out, and how long it should take. Check your future refinance numbers with the DSCR calculator.
Terms shown are typical market ranges across our lender network, not a commitment. Your actual terms come in writing after we review your deal.
Recent closings
Solved: Renovation permits weren't ready, so the first lender denied it. We found one that would close.
Solved: Other lenders declined because IRS taxes had to be paid off from loan proceeds.
Frequently asked questions
How fast can a bridge loan close?
Bridge lenders generally move faster than banks because they rely more on the property than on lengthy credit reviews. Timing still depends on the appraisal, title and the deal itself, so we'll give you a realistic estimate once we see it.
Are bridge loans the same as hard money loans?
They overlap. Hard money usually refers to private lenders focused mainly on the property's value. Bridge loans also come from debt funds and some banks, often at better pricing for stronger deals.
What does a bridge loan cost?
Rates are higher than permanent loans, and most carry origination fees. Pricing depends on leverage, property type and your business plan. You'll see exact terms in writing before you commit.
Can bridge loans fund renovations?
Yes. Many bridge loans include a renovation holdback that's released in draws as work is completed.