Stabilized Bridge Loans
We Prioritize quick and in-house decision-making. In just one minute, provide us with details of your project. Our promise is to deliver a loan commitment on the same day and complete the closing process within seven business days. Plus you’ll have the support of a dedicated and experienced account manager available whenever you require assistance.
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If you’re considering refinancing an existing investment or acquiring a new income-generating property, stabilized bridge loans present an attractive financing solution. Stabilized bridge loans are short-term financial instruments crafted to cater to real estate investors seeking to enhance the cash flow of their properties, thereby unlocking their potential value. Unlike longer-term financing options that primarily assess the property’s existing debt service coverage, bridge loans offer investors rapid access to capital that aligns with their investment strategy timeline. Whether your plan involves selling the asset or refinancing it, bridge loans can efficiently facilitate your path to achieving your desired result.
While traditional bank loans remain a viable choice for stabilized investments, opting for private funding often proves to be a more favorable alternative. Private real estate loans focus on evaluating both the present and future potential of the property, rather than relying solely on personal income and credit scores for approval. If your objective is to seize investment opportunities that demand swift execution for a purchase or refinance, then Harbour Realty Funding stands as the ideal private lender to partner with.
Stabilized Bridge Loan Terms
- 100K-10M loans
- 12-18 Month Interest only loans
- 1-9 units & mix use properties
- Up to 80% LTC for purchase
- Up to 70% for refi
- Fair & transparent closing costs
- Close within 7 business days after appraisal and title
- Funding all 50 states
- Rates starting at 10.25%
- Investment only
Common Borrower Requirements
Commonly asked questions
Simply provide us with some fundamental information, once we go over it you will receive a quote and term sheet with all costs incurred for the loan making you prequalified.
You provide the necessary information, and we handle the appraisal and address any title-related issues.
Assuming the appraisal and title report are favorable, you can finalize the deal within seven business days*.
Yes, you can. In most cases, we are more concerned with the contents of your credit report than solely your credit score. We have assisted borrowers with FICO scores as low as 580 in the past.
Remember-we are an asset based lender, so if the asset is stabilized and there is equity in the property and you happen to have a bad credit- we can still help.
Here's a general guideline: if you've had a recent lien, judgment, bankruptcy, short sale, or foreclosure within the last 24 months, it may affect our ability to secure funding. Nevertheless, we may still be able to provide funding through a portfolio loan ( low leverage loan). It's important to note that this option may come with higher costs, and you will be required to provide a comprehensive explanation of your circumstances.
No, we cannot. Private loans are intended for business purposes. It is legally prohibited for us to offer loans for personal, homeowner-occupied properties. But we can always refer you to a trusted mortgage banker that specializes in owner occupied properties.
Indeed, you will be required to submit bank statements (business or personal) demonstrating your available capital, depending on the deal we will ask for a personal financial statement (PFS) / Bio. We will never ask for your tax returns, as we provide asset based loans.
Typically, there is no prepayment penalty for repaying the loan before its scheduled maturity date.