Express Capital Financing is an active lender in commercial real estate, providing bridge capital for small and medium balance transactions.
Uses of proceeds include:
Our bridge loans are tailored to meet your specific needs, and offer such features as:
Interest rates on our bridge loans are structures around the value of the property used as collateral.
Documentation Required for Term Sheet
|Loan Type||Senior first mortgage loans only|
|Maximum Term||Up to 3 Years|
|Origination Fee||1.5% +|
|Loan to Cost||Up to 90%|
|Stabilized Target Loan to Value||
|1 month LIBOR||as low as 6%+|
|Property Types||Multifamily, Retail, Mixed Used, Office Buildings, Industrial and Warehouse, Self-storage, strip centers|
|Minimum Credit Score||650 or higher|
|Liquidity/Net worth||15%/% 100% of loan amount|
|Rates||As low as 8.49%+|