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 FamilyÂ
Mixed use
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 9%+
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 $500k – $10M
- 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
- 2020,2021 + 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 | $500k – $10M |
| Maximum Term | Up to 3 Years |
| Amortization | Interest Only |
| Origination Fee | 1.5% + |
| Loan to Cost | Up to 90% |
| Stabilized Target Loan to Value | 75% Multifamily |
| 1 month LIBOR | as low as 6%+ |
| Other |
|
| Property Types | Multifamily, Mixed Used |
| Minimum Credit Score | 650 or higher |
| Liquidity/Net worth | 15%/% 100% of loan amount |
| Rates | Starting at 9%+ |
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