Bridge loans, also referred to as interim financing, are a valuable tool within the financial industry that offer a temporary solution for bridging the gap between the purchase of a new property and the sale of an existing one. It is essential to convey a professional tone while highlighting the advantages and considerations associated with bridge loans. These short-term loans can prove to be a lifeline for individuals or businesses requiring immediate funds to seize opportunities or address urgent financial needs. One of the key benefits of bridge loans is their ability to swiftly provide borrowers with the necessary capital. However, it is equally crucial to approach bridge loans from an informed perspective, considering their higher interest rates and fees due to shorter repayment terms and increased risk for lenders. To make an informed decision, borrowers must thoroughly assess their financial situation and carefully evaluate the potential benefits in comparison to the associated costs. In the right circumstances, bridge loans can offer the flexibility and convenience necessary for individuals and businesses to achieve their financial goals within a rapidly evolving market.
Term 12 Months Interest only
Loan Amount $200,000 to 2,000,000
LTV Up to 85%
Minimum Credit 650 Fico Score
Property Types Non owner occupied 1 – 4 unit properties
Alpha Capital Financial LLC arranges business purpose loans in AK, AL, AR, CO, CT, DC, DE, FL, GA, HI, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NH, NM, OH, OK, PA, RI, SC, TN, TX, VA, WA, WI, WV, WY. Program availability and terms may vary.
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