Multi Family/Mixed Use Bridge Loans
Express Capital Financing’s CRE Multi Family/ Mixed Use Bridge Loan Program provides attractive financing solutions to execute a short-term strategy
250 –5 million
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
PROPERTY TYPES
Properties We Finance:
Multi-Family
Mixed-Use
Multi-Family
Up to 80% Loan to Cost
Up to 70% Stabilized
Up to 70% Cash Out Refinance
Other CRE Property Types
Up to 65% Loan to Cost
Up to 60% Stabilized
Cash Out Refinance
TERM
Typically 12 to 36 months during the initial loan term
No pre-payment penalty
INTEREST RATE
Fixed Rate Starting at 9% +
Please contact for lending matrix and current pricing
AMORTIZATION
Interest only
TAKE THE NEXT STEP
Documentation Required for Term Sheet
- Detailed summary of loan request
- Borrowers personal financial statement unaudited acceptable (dated within past 90 days)
- Borrower resume detailing past investment experience
- Current and/or Projected rent roll
- Property profit & loss statements for past calendar year and year to date
- Pictures interior and exterior of property
- Developer/contractor resume
- Renovation budget
- Purchase Contract (if available)
- REO Schedule
- 3 score credit report (if available)
- Find Required Forms Here