Multifamily Bridge Loans
Direct Lender Offering
Multifamily Bridge Loans
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 $15MM
Eligible Transactions: Purchase, recapitalization, refinance (Including Cash Out), upgrades and/or seasoning
Max LTV: Up to 70% of the stabilized value
Rate: Starting from 5.99%
Eligible Properties: Any Apartments >5 Units (Per door minimum $50K)
Minimum Occupancy: 70% (lower in some instances)
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
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