Apartment Bridge Loans

For Sponsors interested in a reliable source of financing for their apartment buildings, our Bridge Loans are a perfect choice. 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 $1MM to Maximum $10MM
Eligible Transactions: Purchase, recapitalization, refinance (Including Cash Out), upgrades and/or seasoning
Max LTV: Up to 65% of the stabilized value
Rate: Fixed from 7.99%
Eligible Properties: Apartments 5-200 Units (Per door minimum $50K)
Minimum Occupancy: 70%
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: 12-24 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