Apartment Bridge Loans

For Sponsors interested in a reliable source of financing for their apartment buildings, our Bridge Loans are a perfect choice. With leverage up to 80% for the purchase amount and up to 100% of the repair costs, LendingOne’s Multifamily Bridge Loans give investors the flexibility and capital to take their value-add projects to the next level.

Loan Terms

Loan Amounts: Minimum $1M to Maximum $20M
Eligible Transactions: Purchase, recapitalization, refinance (Including Cash Out), upgrades and/or seasoning
Leverage: Up to 80% of Purchase and 100% of Repairs
LTC: Up to 85%
Max LTV: Up to 70% of the stabilized value
Rate: L+ 375 – L+600
Eligible Properties: Apartments 5-350 Units (Per door minimum $30K)
DSCR: No minimum at Acquisition
Points: Determined by the property, sponsor, and loan
Closings: In as little as 20 business days
Amortization: Interest Only (No interest charged on undispersed funds)
Loan Term: 12-36 Months
Guarantee: Non-Recourse and Recourse Options
Credit: Minimum FICO 650

Advantages of Multifamily Bridge Loans

• Specialize in Value- add projects
• Fast closings in as little as 20 business days
• No DSCR Minimum required at purchase