Multi Family/Mixed Use Bridge Loans

Commercial Real Estate BRIDGE LOAN PROGRAM

For non owner occupied real estate investments

Express Capital Financing’s Commercial Real Estate Bridge Loan Program provides attractive financing solutions to execute a short-term strategy

$500,000-$10 Million

PROPERTY TYPES

Properties We Finance:

Multi Family 

Mixed use

Industrial

Warehouse

Retail 

Office

Self Storage

Assisted Living

Multi-Family

Up to 80% LTV on Purchase
Up to 85% Loan to Cost
Up to 75% of Stabilized Value
Up to 70% Cash Out Refinance
Up to 100% of Rehab

Other CRE Property Types

Up to 75% LTV
Up to 80% Loan to Cost
Up to 70% Stabilized
Up to 100% of Rehab
Cash Out Refinances

Institutional Capital

  • Direct Lender
  • Competitive rates and terms
  • Nationwide Lending Platform
  • Loans custom-tailored to meet borrower’s unique needs
  • Capex and Rehab capital available
  • Recourse
  • Flexible prepayment provisions
  • Broker submissions welcomed

TERM

Typically 12 to 36 months during the initial loan term
No pre-payment penalty

INTEREST RATE

Fixed Rate Starting at 6.99%
Please contact for lending matrix and current pricing

AMORTIZATION

Interest only

Filling In The Gaps With Bridge Loans

Express Capital Financing is an active lender in commercial real estate, providing bridge capital for small and medium balance transactions.

Uses of proceeds include:

  • Quick close transactions
  • DPO financing
  • Debt refinancing and restructuring
  • Partner buyouts
  • Repositioning of transition assets requiring some renovation and TI/LC funds

Our bridge loans are tailored to meet your specific needs, and offer such features as:

  • Loan amounts between $1M-$20M
  • Nationwide Lender
  • Origination fee starting at 1.5 %
  • Interest only amortization
  • Time of essence issues
  • Partnership Buyouts
  • Distressed or Transitional borrowers (credit or liquidity issues, bankruptcy)
  • Bridge the seasoning gap for agency or CMBS takeouts
  • Terms up to 80 LTV

Interest rates on our bridge loans are structures around the value of the property used as collateral.

Documentation Required for Term Sheet

  • 3 Color Photos or Old Appraisal
  • Personal Financial Statement
  • 2019, 2020 & YTD Profit and Loss
  • Operating Agreement/By-Laws
  • Rent Roll (if applicable)
  • Purchase Sales Agreement (if purchase)
  • Hud-1 (if purchased in the last 3 years)
  • Resume / Background
  • List of Improvements Made / Required

Rates & Terms

View Rates & Terms

Guildelines Criteria
Loan Type Senior first mortgage loans only
Loan Amount $1M-$20M
Maximum Term Up to 3 Years
Amortization Interest Only
Origination Fee 1.5% +
Loan to Cost Up to 80%
Stabilized Target Loan to Value
  • 60% Special Use
  • 70% Generic
  • 75% Multifamily
1 month LIBOR as low as 6%+
Other
  • Nationwide Platform
  • 6 months minimum interest
  • Full or partial recourse to borrower
  • Interest reserves if no in-place cash flow available
  • No dark buildings, land deals or ground up construction
Property Types Multifamily, Retail, Mixed Used, Office Buildings, Industrial and Warehouse, Self-storage, Skilled and assisted living, strip centers
Minimum Credit Score 650 or higher
Liquidity/Net worth 15%/% 100% of loan amount
Rates As low as 6.9%

TAKE THE NEXT STEP

Go to commercial bridge loan application

Documentation Required for Term Sheet

  • Detailed summary of loan request
  • Borrower resume detailing past investment experience
  • Current and/or Projected rent roll
  • Renovation budget
  • Purchase Contract (if available)
  • REO Schedule
  • 3 score credit report (if available)
Rehab Budget Template
Track Record Template
Credit Authorization