Bridge Loan Programs – Investment Property Financing

Bridge Loan

NON-CONFORMING
(Short-Term)
Max
LTV
Loan Limits
 Multifamily 75% $100k - $50MM+
 1-4 Units 75% $100k - $50MM+
 Office 65% to 70% $100k - $50MM+
 Retail 65% to 70% $100k - $50MM+
 Industrial 65% to 70% $100k - $50MM+

1 to 3-Year Fixed Interest Only Bridge Loan

Loan is fixed for 1 to 3-years with interest only amortization. Loan is due at the end of the 1 to 3-year loan term. No prepayment penalty. Eligible properties include multifamily 5+ units, 1-4 unit residential, office, retail, industrial, manufactured housing, self-storage, hotels, and healthcare. ICS Bridge Loans are short-term interim loans designed for properties needing stabilization, lease-up, and/or rehab prior to securing long-term conforming financing or disposition.

Max LTV: 65% to 75% | Min Credit: N/A


PURPROSE

Non-Conforming Bridge Loans are for borrowers intending to hold the property for 1 to 3-years before selling or refinancing. Income producing properties have more flexible DSCR requirements than FLEX and Conforming loans.


RECOURSE

Recourse and Non-Recourse options available.


PREPAYMENT PENALTY

No prepayment penalty in most cases.


LOAN LIMITS

$100k to $50MM+


CLOSING

Less than 30 days. Many Bridge Loans can be closed in 7 to 21-days.


RESERVES

N/A


NET WORTH

A strong schedule of real estate owned is important but not required.


LOAN TERMS & AMORTIZATION

All Property Types: 1 to 3-year terms, interest only.


CREDIT SCORE REQUIREMENTS

No minimum credit score requirement


OPERATING INCOME - SEASONING

N/A


DOCUMENT REQUIREMENTS

  • FULL or LITE-DOC UNDERWRITING
  • Rent Roll (if applicable)
  • P&L / Last 12 to 24-months (if applicable)
  • Borrower 1003 or Personal Financial Statement
  • Schedule Real Estate Owned
  • Bank Statement(s) Verifying Down Payment/Reserves
  • Minimum 3 Quality Property Photos
  • No tax return options

Submit your loan request in 3-minutes or less. ICS provides term sheets within 24-hours, often the same day.