Ultimate Guide to Bridge Loan

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Ultimate Guide to Bridge Loan
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What is Bridge Loan?

• A bridge loan is a short-term form of financing
  that is used to meet current obligations before
  securing permanent financing.

Source https//corporatefinanceinstitute.com/reso
urces/knowledge/finance/what-is-bridge-loan/
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Key Takeaways

• Bridge loans are short term, typically up to one
  year.
• These types of loans are generally used in real
  estate.
• Homeowners can use bridge loans toward the
  purchase of a new home while they wait for their
  current home to sell.

Source https//www.investopedia.com/terms/b/bridg
eloan.asp
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Average Fees for Bridge Loan
US850
US475
US450
US450
US75
US40

• Admin

• Appraisal

• Escrow

• Title Policy

• Wiring

• Notary

Source https//www.thebalance.com/what-are-bridge
-loans-1798410
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Interest Rate on Bridge Loan

• The prevailing interest rates on bridge loan is
  between 12 to 18. The borrower must bear the
  processing fees for this loan. It typically
  ranges between 0.35 - 2 of the loan amount.
  There are no prepayment penalty on this loan.

Source https//www.creditmantri.com/bridge-loan/
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Commercial Bridge Loans Risks to Consider
Not All Banks Offer Commercial Bridge Loans
Bridge Loans are Time-Sensitive
It is commonplace that the timeline of a loan
will vary. As bridge loans are structured for
clients in need of a timely financial solution,
the loan timeline is shorter compared to other
loans.
One of the major commercial bridge loan risks is
that commercial bridge loans are niche. In other
words, not every lender offers commercial bridge
loans.
Source https//avanacapital.com/news-events/comme
rcial-bridge-loan-risks
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• Are you looking for a reliable commercial bridge
  loan lender?

• Contact Private Capital Investors team, who will
  guide you through the risks and benefits of
  commercial bridge loans and help you find the
  best solution for you.

Apply for Bridge Loan