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Updated almost 8 years ago on .

User Stats

122
Posts
54
Votes
Tim Milazzo
  • Lender
  • New Smyrna Beach, FL
54
Votes |
122
Posts

Commercial Bridge Loans through StackSource

Tim Milazzo
  • Lender
  • New Smyrna Beach, FL
Posted

Commercial bridge loans are known for their flexibility. These short loans are typically:

  • 6 month to 3 year term
  • Able to close quickly
  • A good solution for deals that don't meet conventional bank or insurance company financing guidelines, or have a major value-add component

So if bridge loans themselves are so flexible, why is the market for bridge loans such a mess? You'll find hundreds of bridge lenders out there on the internet, and they all have their own specialties and loan parameters. Finding the right bridge lender means knowing what geographies they lend in, what asset types they prefer, the size of the checks they can write, how high they can go on LTV, etc. Mapping all of that out for a deal that already has a tight closing deadline? Then making phone calls to several bridge lenders to explain your deal, only to follow a separate process with each potential lender, and (hopefully) receive term sheets, which will be in different formats? Welcome to a commercial real estate nightmare.

If you need a bridge loan for you commercial property investment, don't you wish you could instantly submit a loan request to the top private lenders that are already in the market for your loan scenario?

One word: StackSource

We built StackSource to provide easy, online access to major commercial real estate lenders, including private, bridge lenders. Through a 10-minute interactive process, you'll enter information about your property and loan request, and instantly be matched to the right lenders for your scenario - lenders that are pre-vetted and targeted based on your asset class, geography, loan size, and loan scenario.

Did I mention it's free?

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