Bridge loans are short-term financing options designed to cover costs in the time between larger loans. GenWealth’s bridge loans are very flexible, providing commercial ventures with the financial security they need to complete successfully. Apply for a bridge loan from GenWealth today.
Flexible Short Term Loans
Our short term bridge financing and lending provided by our Private Money Lenders, is put in place between the termination of one loan and the beginning of another loan. Also, a form of interim loan, generally made between a short term loan and a permanent (long term) loan, when the borrower needs to have more time before taking the long term financing. Our Private Money Lenders commonly will offer these types of loans for construction or rehab. Our Private Money Lender rates are higher than a conventional loan because financing is short term.
GenWealth Capital’s private money lenders have programs that are designed to provide the flexibility of a structured loan while offering the ability to eventually lock into the most favorable permanent financing that exists for individual business needs. Our private money lenders specialize in bridge loans of $100,000 to $15,000,000 that are designed to solve problems for business with special needs and circumstances.
Multifamily, Office, Retail, Mixed-Use, Hotels, Warehouse/Self-Storage, Single Family Residence (Investment Properties Only)
General Info & Details
- Loan Amount: $75,000 to $15,000,000
- Minimum Property Value: $120,000
- Loan Types: Purchase, Refinance, Cash-Out Refinance
- Lending Areas: Nationwide
- Loan to Value:
- 80% Loan to Cost
- 75% of the Stabilized Value
- 65% Cash-Out Refinance
- Term: Short Term Loans between 12 to 36 months
- Rates: Starting at 5.49%
- Close in less than 30 days
- Minimal financial documents required
- Will allow Seller financing in certain scenarios
Our Private Money Lenders
We have Private Money Lenders that will lend nationwide, with each specializing in different areas suited for their expertise in commercial real estate.
Our Private Money Lenders offer loans for any type of real estate situation where a quick closing is needed. With quick turn-around times, our Private Money Lenders can get the money you need fast. With the right bridge loan provided you can have the cash you need by tomorrow. Apply online today to get the loan process started. If you have any questions about our bridge loans, please feel free to contact us today.