Albin Capitals offers bridge financing that provides first mortgage financing for properties located in strong markets with excellent sponsorship.

Albin Bridge Loans offer commercial real estate investors the opportunity to leverage short-term financing benefits without compromising long-term ROI, making the property’s financial transition seamless

Commercial Bridge Loan: Costs, Terms, Qualifications

 
Maximum Loan Amount 80% – 90% of Loan-to-Value (LTV)
Minimum Down Payment 10% – 20% of Loan-to-Value (LTV)
Interest Rates 6.5% – 9%
Loan Origination Fees 1% – 6%
Closing Costs 2% – 5%
Exit Fee 1%
Typical Loan Term 6 Months – 36 Months
Time to Approval / Funding 7 – 45 Days

Security

Eligible Properties 

Eligible transactions

First mortgage lien on subject property. 

Multifamily, office, retail, hospitality, seniors and student housing projects located in strong markets with positive demographic, population and employment trends.

Traditional acquisitions, acquisitions with rehab component, acquisitions with nearly completed new construction, debt buy-backs with fresh equity and properties in lease-up in strong markets.

Debt-Service-Coverage-Ratio (DSCR) 1.10+
Prior Commercial Projects 1 – 3

 

 

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