Bridge Loans

Best uses

• Closing quickly on time-sensitive purchases
• Buying before selling another property
• Stabilizing occupancy before permanent financing
• Funding light value-add work

Typical borrower profile

• Investors who need certainty and speed at closing
• Owners repositioning or stabilizing an asset
• Buyers in competitive markets facing cash offers

Potential qualification factors

Every lender sets its own criteria, and no factor guarantees or blocks approval on its own. Commonly reviewed items include:

• Property value and equity position
• Clear, credible exit strategy
• Borrower liquidity and credit
• Property condition and market

Documentation to have ready

• Government-issued ID
• Entity documents (LLC or corporation)
• Purchase contract or payoff statement
• Property details and photos
• Insurance quote or declarations page
• Exit strategy summary
• Current leases or occupancy details where relevant

Benefits

• Speed that traditional loans cannot match
• Interest-only structures preserve cash during the bridge period
• Flexible underwriting focused on the asset and exit

Common challenges to plan for

• Higher pricing than permanent debt
• Short maturities demand a firm exit plan
• Extension fees apply if timelines slip

Frequently asked questions