DSCR FROM 5.45%BRIDGE FROM 8.25%TERM SHEETS IN 24HLENDING IN 42 STATES
HOME / BRIDGE LOANS
Institutional size. Private-lender speed.
Bridge capital to $10M for acquisitions, repositions, and closings that can't wait — priced in hours, documented in writing, closed on schedule.
PROGRAM TERMS
Loan amounts$500K – $10M
Rates from8.25% I/O
Max LTV / LTC75% / 85%
Terms6 – 24 months
PrepayNone after month 6
Property types1–4 unit · MF · mixed-use
RECENTLY FUNDED
$2.4MAUSTIN, TX
12 units · 72% LTV
12 units · 72% LTV
$1.2MTAMPA, FL
Non-warrantable condo · 8.50% I/O
Non-warrantable condo · 8.50% I/O
$1.6MMEMPHIS, TN
Rolled to 30-yr at month 7
Rolled to 30-yr at month 7
When the calendar is the deal
Competitive acquisitions
Close like cash in ten days, then refinance into a DSCR loan once stabilized. We'll structure the exit on day one.
Reposition & lease-up
Value-add multifamily and mixed-use through renovation and stabilization — draws funded in 48 hours.
Portfolio & payoff events
Partnership buyouts, maturing debt, 1031 timelines — situations where certainty of close is worth more than 50 bps.
One lender, both ends of the deal
Buy on the bridge, season the rents, then roll into our 30-year DSCR loan — same underwriter, no new-lender re-diligence, and we credit the appraisal when it's still current. That's the bridge-to-DSCR path most of our repeat borrowers run.
MONTH 0
Bridge closes in 10 days. Property acquired, rehab begins.
MONTHS 1–6
Stabilize. Draws fund the work; leases sign at market rent.
MONTH 6+
Refinance into DSCR. No prepay penalty; equity stays working.
What to have ready
THE STANDARD BRIDGE FILE · PDF OR PHONE PHOTO IS FINE
TO QUOTE — DAY 0
No documents. Just the deal facts — a written term sheet comes back in 24 hours.
Property address
Purchase price and closing deadline
Rent roll basics, if income-producing
Exit plan — sale or refinance
Requested loan amount
Start the 60-second fileTO CLOSE — DAYS 1–10
Upload as you go — returning this set inside 48 hours is what keeps day ten on the calendar.
Purchase contract or payoff statement — with the date that matters circled
Rent roll & trailing-12 operating statement — income-producing properties
Exit strategy summary — sale comps or the refi path — one page is plenty
Schedule of real estate owned — your track record, address by address
Entity documents & ID — articles, operating agreement, EIN letter
Two months of bank statements — closing funds plus interest carry
Insurance binder & title contact — we order the appraisal day one
EVERY TERM SHEET SHIPS WITH A FILE-SPECIFIC CHECKLIST — THIS IS THE STANDARD SET.
Three things we verify — nothing else
Bridge underwriting is about certainty, not paperwork volume. The file is short; these three parts of it are non-negotiable.
01 · LIQUIDITY
Carry and closing costs, verified in accounts — not stated. Interest reserves can be structured in when the plan calls for it.
02 · THE EXIT
Sale or refinance, priced into the term sheet on day one — including the DSCR takeout targets if you're holding.
03 · TITLE PATH
Payoffs, liens, and contract assignments surfaced in the first pass — the things that blow up closings get flagged first.
Closing checklist:Entity docsInsurance binder — mortgagee clausePurchase contract + assignmentsPayoff letters2 months bank statements
From the closing log
CLOSED · BRIDGE ACQUISITION · AUSTIN, TX
$2.4M
12-unit · 72% LTV · 12-mo term
CLOSED · CONDO ACQUISITION · TAMPA, FL
$1.2M
Non-warrantable · 72% LTV · interest-only
CLOSED · MIXED-USE REPOSITION · MIAMI, FL
$3.2M
Retail + 8 units · lease-up plan funded
Common questions
What does the exit need to look like?+
Named and priced on day one: a sale with comps behind it, or a DSCR takeout we can pre-quote in the same term sheet.
Can a bridge loan fund renovation work?+
Yes — a rehab holdback with 48-hour draws attaches to the note when the plan calls for it.
The project needs more time — then what?+
Extension options are written into the term sheet upfront, priced in months — not renegotiated at maturity.
Do you lend on non-warrantable condos?+
Yes. Warrantability moves pricing, not eligibility.
What sets the closing pace?+
Title and appraisal. The term sheet lands in 24 hours and the appraisal is ordered day one; after that, the pace is title's.
RECENTLY FUNDED
What closing here actually looks like
$140M+
Funded
42
States
68%
Repeat borrowers
CLOSED · BRIDGE ACQUISITION · AUSTIN, TX
$2.4M
12 units · 72% LTV
CLOSED · REPOSITION · TAMPA, FL
$1.2M
Non-warrantable condo · 8.50% I/O
CLOSED · BRIDGE-TO-DSCR · MEMPHIS, TN
$1.6M
Rolled to 30-yr at month 7
“Contract had a hard close and two lenders had already re-traded me. Silt priced it in a day and did not move a number.”
Multifamily sponsor · 4 deals with Silt · Austin, TX
PHOTOS: JACQUES BOPP (UNSPLASH) · CHUTTERSNAP (UNSPLASH) · PEXELS
Questions we get on bridge
ANSWERED BEFORE YOU HAVE TO ASKWhat actually drives the timeline?
Third parties, almost always — appraisal turn time and how fast title clears. Our underwriting runs in parallel from day one, and you can see exactly which of those is outstanding in your portal at any moment rather than calling to ask.
Do I need an exit lined up before you will lend?
Yes, and we price it into the term sheet on day one. Sale or refinance both work — if you are holding, we structure the DSCR takeout targets at the same time so there is no second negotiation later.
What is the prepayment penalty?
None after month six. Sell or refinance whenever the project is ready; the note is built around a short hold, not around trapping you in it.
Can I roll straight into a DSCR loan when it stabilises?
That is the most common path our repeat borrowers take. Same underwriter, no new-lender diligence, and we credit the appraisal when it is still current.
Will you lend on a vacant or partially leased building?
Yes. Bridge exists for assets that do not yet carry themselves. We verify liquidity for the carry and a costed path to stabilised, not current occupancy.
Do you need a new appraisal every time?
Not always. A recent appraisal is often transferable, and on repeat borrowers with a current report we will work off it rather than making you pay twice.
Something not covered here is usually a five-minute call, not a rejection. The full boxes are on the guidelines page.
Deadline on the calendar?
Send the deal today; a written bridge term sheet comes back within 24 hours.
Get My Term Sheet