Commercial Real Estate Bridge Loans

Terms

Lending Area United States
Property Types All Asset Classes
Loan Amount $1 – $20M
Loan Term 6 Months – 2 Years (1-year extension)
Loan-to-Value Up to 75%
Interest Rate 8% – 12%
Amortization Interest Only
Reserves Tax & Insurance Reserves Required
Origination Fee 2% – 3%
Processing Fee $10,000
Expense Deposit $10,000 – $40,000 (for third party, legal & out-of-pocket expenses)
Prepayment 6 Months Minimum Interest / No Prepayment Penalties
Recourse Non-Recourse Possible
Borrower Single Purpose Entity Required
Closing 2 Weeks Possible

We also Finance Note Purchases

As a Direct Lender SEDONA closes fast and efficiently