ICS Bridge Loan

Bridge Loans

ICS Bridge Loans provide flexible financing for borrowers that need to execute quickly.

PURPOSE

Income producing property purchase and refinance transactions. Cash-out, rehab, rate & term.


PROPERTY TYPES

Multifamily, Manufactured Home Communities, Office, Retail, Industrial, R&D Flex, Self-Storage, SFR Rentals.


LOAN SIZE

$50,000 - $25,000,000


TERM

1 - 3 Years


AMORTIZATION

Interest Only


RATES

Starting at 7.99%

Rates are based on location, building quality, and leverage.


MAX LOAN-TO-VALUE

75%


PREPAYMENT

Loans can be structured with or without a prepayment penalty.


FEES / POINTS

0% - 3%

Points vary based upon property location, property type, income, and borrower financials. No point loans can be structured on select properties.


CLOSING TIME-FRAME

14 - 21 Days

Loans  are typically closed in 2 - 3 weeks from application.


NO APPRAISAL

In most cases ICS does not require an appraisal in order to save time and close quickly.


CUSTOMIZATION

Recourse and non-recourse available. Additional income property types considered on a case-by-case basis. Underwriting deposits may be required depending upon property location and deal type. Terms and conditions subject to change.

PROPERTY TYPES

Multifamily

Office

Retail

Industrial

Self-Storage

Manufactured Housing

Hotel / Motel

Loan Program Brochures