What is the difference between a bridge loan and a fix and flip loan?
A bridge loan finances a property that needs time, while a fix and flip loan finances a property that needs work — and the difference shows up in how each is sized and funded. Silt's bridge program lends up to 75% of value, or 85% of cost, and suits acquisitions, lease-up and repositioning where the property is usable as it stands. The fix and flip program is built around a renovation budget: up to 90% of total cost and 70% of after-repair value, with up to 100% of the rehab budget held back and released in draws funded in 48 hours. Both are short-term and interest-only, and both are repaid by a sale or a refinance. If the business plan depends on construction — new kitchens, layouts, systems — the flip program's draw structure fits. If it depends on timing, such as closing before another sale or leasing up vacant units, bridge is the simpler tool.
RELATED QUESTIONS
- Can I use a bridge loan to buy an investment property before selling another?
- How much can I borrow on a bridge loan?
Last reviewed 19 October 2026 · Terms are illustrative, not a commitment to lend; every loan is subject to underwriting.