Single family residence
2 – 4 unit properties
Multifamily 5 – 20 units
Townhouses
Bridge Loans
for Real Estate
Professionals
Bridge Loan Criteria
If you and your property meet our qualifications, we’ll fund your deal. We can tailor a loan to fit your purchase and rehab.
| Property Types | Single Family (1-4 units) and Multifamily (5-20 units) |
| Property Type | Investment, Non Owner Occupied |
| Loan Amount | $75k - $5M (1-4 Units) up to $20M (5+ Units) |
| Term | 12 - 24 Months |
| Type | Interest Only |
| Rates | From 8.50% |
| Max LTV | 90% of Project Costs |
| Minimum Credit | 660 |
| Loan Strategy | 2+ Transactions in the Past 36 Months |
A bridge loan is also often referred to as a fix and flip loan. In short, bridge loans are a short term financing options widely used to acquire and rehab properties for the purposes of reselling or holding. Bridge loans are typically for a 12 month term or less and the payment terms are usually interest only with a balloon payment at maturity.
Bridge loans are a great tool for real estate investors to acquire properties quickly and take advantage of the increased value to continue to grow their portfolio.
Typically, private lenders can provide flexible terms based on FICO and property cashflow. These are low-document loans with no personal income verification required.
The following types of properties are eligible for Vested nest bridge loans:
We make it simple. You can upload the below information to your secure borrower portal and communicate directly with the team as they underwrite.
Application
Photo ID
Purchase Agreement
Itemized Rehab Budget & Schedule, if applicable
Bank Statement/Money Market/Brokerage Account to Show Liquidity
Proof of Experience, if applicable
Entity Documentation
Other documents may be requested based on the individual circumstances and collateral
Yes! Vested nest can provide financing on the acquisition and renovation of your property. We can lend up to 100% of the rehab costs.
No. There is no prepayment penalty on Vested nest bridge loans.