Program Overview
What is a bridge loan?
A bridge loan is short-term financing designed to bridge the gap between a current need and a future sale, refinance, lease-up, or stabilization event.
Bridge and fix-and-flip programs generally emphasize property value, project feasibility, borrower experience, liquidity, budget, timeline, and exit strategy.
Who This Program May Help
Who may benefit from bridge financing?
Fix-and-Flip Investors
Investors acquiring and renovating properties for resale.
Time-Sensitive Buyers
Borrowers who need short-term financing to close quickly.
Property Repositioning
Investors improving occupancy, condition, or income before permanent financing.
Transitional Owners
Borrowers bridging a sale, refinance, or stabilization timeline.
Qualification Factors
Common eligibility considerations
Bridge loans may have higher rates, fees, and prepayment provisions than long-term financing and should be evaluated carefully.
Preparing to Apply
Documents commonly requested
- Government-issued identification
- Entity and guarantor documentation
- Purchase contract or payoff information
- Property valuation or appraisal
- Rehabilitation scope and budget
- Borrower experience schedule
- Asset and liquidity statements
- Exit-strategy documentation
Step by Step
How the process works
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01
Complete the Secure Application
Provide your contact information, financing goals, property details, and estimated financial profile.
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02
Submit Supporting Documents
Provide the income, asset, credit, identity, entity, and property documents required for the selected program.
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03
Review Program Eligibility
Your mortgage professional reviews loan structure, occupancy, property type, credit, income, reserves, and documentation.
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04
Processing and Underwriting
The file, appraisal, title, insurance, disclosures, conditions, and applicable program requirements are reviewed.
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05
Final Approval and Closing
After final conditions are satisfied, closing documents are prepared for signing and funding.
Frequently Asked Questions
Bridge Loans FAQs
How long is a bridge loan term?
Bridge loans are short-term and commonly range from several months to a few years depending on the program.
Can rehab costs be financed?
Many fix-and-flip programs finance eligible rehabilitation costs through a controlled draw process.
What is the exit strategy?
The exit strategy explains how the bridge loan will be repaid, commonly through sale or permanent refinance.
Are bridge loans consumer mortgages?
Many bridge and fix-and-flip programs are business-purpose loans, but classification depends on the transaction and applicable law.
Do bridge loans require experience?
Some programs accept newer investors, while others offer stronger terms to experienced borrowers.