- Quick Approval and Funding
- Local Bridge Lenders
- No Upfront Cost or Contracts
- No Credit Checks
Bridge loans are a financial instrument that allows investors to burrow large amounts of money when they are expecting to receive capital from a sale but in the near future, while they need money right away. For example – you found a great deal on an old home to fix and flip but you are still 3 months away from selling your current project. We can help you secure a bridge loan, which is usually less than a year long, so you can confidently purchase the next project while comfortably finishing the current one. Aggressive flippers and those with eyes to the next deal can utilize bridge loans effectively in order to avoid liquidity issues.
Because bridge loans are very similar to hard money loans, in their asset-based nature, so they loan is measured by mostly the collateral offered. Bridge loans may be the fastest loans to approve due to their speedy nature and investor need for quick approval. And while bridge loans interest rates may be high, the short duration makes this an attractive solution for investors in need.
Businesses also at times require bridge loans, to fill in immediate capital needs such as payroll or cost of goods. Once the business is cash rich, it pays back the loan. It is also common to see in residential home purchases – when a family wants to switch homes and have not yet sold their current home. In this example, the family spots their new dream home and does not want to miss out on the purchase (this could be especially true if the market is hot). The bridge loan will ‘bridge’ the gap in missing capital for the family, and the loan gets repaid once the old home is sold.
Why Choose Us
Choosing the right bridge loan is going to have a major impact on your investment. We can help you find the perfect private hard money lender with the lowest rates and fees so you can focus on the investment with confidence. Our large network of private lenders gives us an unprecedented ability to provide you with options – so you can make the best decision for your investment goals.
We believe that empowered burrowers make the best choices. What makes us different than other companies that sell you hard money loans? We never charge anything upfront, there is never an obligation to sign anything, and a zero pressure environment. We provide you with options and give you the ability to make your own choice.
How It works
1. Apply Online
Fill our 2 minute form and we will get back to you within 24 hour or less
2. Choose a Lender
We connect you with the best hard money lenders in the nation
3. Get Approved
Get funded within days directly to the escrow account
Schedule an Appointment
Get in contact with our hard money specialists