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%|
|Typical Loan Term||6 Months – 36 Months|
|Time to Approval / Funding||7 – 45 Days|
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.
|Prior Commercial Projects||1 – 3|