Bridge Loans
Our clients benefit from the most
competitive financing for acquisition or refinance. You will save time and
money partnering with us as your trusted commercial real estate financing
advisors.
You only use a
bridge loan when you need it. There are times when timing or flexible terms
require a bridge. Our clients have been successful, with TMG assistance, accomplishing
bridge loans from $1,000,000 to $20,000,000. We understand the need for speed
when seeking out a bridge or interim loan. The Madison Group will evaluate your
transaction quickly to determine what bridge product will meet your needs. The terms
for your transaction will be based on quality of credit, value of the
collateral, real estate investing experience, and exit strategy. The Madison
Group provides programs for all types of borrowers, properties, and
situations.
When a bridge loan may be the best option for your investment
goals:
· Acquisitions with rehab
competent
· Construction acquisitions
near completion
· Properties in
lease-up
· Repositioning loans
· Opportunity loans and
partner buyout
· Insufficient time for traditional loan applications
· Delayed or turned down loan
applications
· The need to cross
collateralize properties
· FICO score or debt service
cover challenges
· Unfiled tax returns
· Insufficient qualifying
income or cash coming from silent partners
· Turn around/stabilizing
cash flow
· Zoning/project approval
Loan Program Information:
| Loan Size |
$500,000 to $50,000,000 |
| Lending Area |
Nationwide |
| Lien Position |
First Mortgage or Second/Mezzanine
Based on collateral, loan size and location |
| Loan Term |
6 months to 5 years (Renewal options available) |
| LTV |
Up to 65% (higher in some cases) |
| Additional Info |
Lender-Borrower to pay for expenses related to the Due Diligence process, i.e. Legal, Appraisals, Inspections, Site visits
Equity Participation: Possible based on property type |