California Multifamily Bridge Loan Programs
Our top Bridge Loan Debt Fund Can provide Non-Recourse, Bridge Loans that can close in as little and 5-7 days for experienced Multifamily Real Estate Sponsors and Operators short and medium term bridge loan capital for Multifamily Apartment property acquisitions and value add repositions and renovation funds for existing assets. Loans up to 50 - 60% LTV for core and value-add assets with the ability to provide for existing low to no DSCR during vacancy and lease-up.
Quick Close Multifamily Apartment Bridge Loan Parameters
| Property Type | Multifamily, Industrial, Hotels, Retail, Office, Medical Office |
| Geography | California Only |
| Loan Size | $500,000 to $25,000,000 |
| Loan Types | First Mortgage |
| Rates | From 8.90% I/O |
| Loan Fees | Generally from 3.00% to 4.00% |
| Recourse | Non-Recourse |
| Prepayment | None |
| Loan to Value | 50-60% |
| Loan Term | 6 Months to 24 Months |
| DSCR | DSCR’s below 1.0x are acceptable |
| Appraisal | Not Required |
Traditional Multifamily Apartment Bridge Loan Parameters
| Property Type | Multifamily, Industrial, Hotels, Retail, Office, Medical Office |
| Geography | California and Select US States |
| Loan Size | $10,000,000 to $450,000,000+ |
| Loan Types | First Mortgage |
| Rates | SOFR + 350 to 850+ Floating I/O; Fixed Rates Also Available |
| Loan Fees | Generally from 2.00% to 3.00% In / 1.00% Out |
| Recourse | Non-Recourse |
| Prepayment | Flexible |
| Loan to Value | Up to 75% |
| Loan Term | 2-3 / 1 / 1 |
| DSCR | DSCR’s below 1.0x are acceptable |
| Appraisal | Required |
Bridge Loans in California: Your Ultimate Solution for Multifamily Financing
At SVS Finance, Inc. we understand the dynamic nature of the real estate market in California. As a leading Commercial Real Estate Mortgage Advisory Firm, we specialize in offering tailored bridge loan programs to meet the unique needs of Multifamily Developers and Real Estate Investors.
Why Choose Us for Your Apartment Bridge Loan Needs?
1. Experienced Firm:
With decades of experience in commercial real estate, we've established ourselves as one of the premier bridge loan Mortgage Advisory Firms in California. Our expertise lies in understanding the nuances of the multifamily and mixed-use property types.
2. Competitive Interest Rates:
Our interest rates are among the best in the industry. We believe in offering our borrowers the most competitive loan rates, ensuring that the loan amount and interest-only payments align with their financial goals.
3. Flexible Underwriting:
Traditional lenders often have rigid criteria that might not suit every borrower, especially those with a low credit score. Our Lenders underwriting process is designed to accommodate a broader range of real estate investors, including those seeking hard money loans.
4. Quick and Hassle-Free Application Process:
Time is of the essence in real estate deals. Our streamlined loan application ensures a swift response to your loan request, allowing you to secure that investment property or refinance an existing one without delays.
5. Diverse Loan Programs:
Whether you're looking for short-term financing to fix and flip, or a more long-term financing solution like a conventional loan, we've got you covered. Our diverse loan program offerings include everything from commercial bridge loans to cash-out refinance options.
6. No Hidden Fees:
We believe in transparency. With us, there are no hidden prepayment penalties or exorbitant origination fees. Our goal is to provide you with the best commercial bridge loan lenders experience without any surprises.
7. Business Purpose Loan Only; No Owner Occupied Residential NMLS Loans:
We understand that not every loan fits the traditional mold. That's why we offer specialized Business Use loan programs designed specifically for Investors and Developers only on Commercial and Investment Residential Real Estate; We do not offer any Owner Occupied Residential Loans and only cater to Commercial Rea Estate Investors and Developers.
A Partner for Every Real Estate Endeavor
In the ever-evolving landscape of commercial real estate in California, having a reliable lender by your side can make all the difference. At SVS Finance, Inc., we're more than just Mortgage Brokerage; we're your partner in success. So, whether you're looking to purchase a new property at a competitive purchase price or seeking to refinance an existing one, we're here to help. Reach out to us today and discover why we're the preferred choice for multifamily developers and real estate investors across California.
The Wrap Up
Whether you're an experienced Developer in Los Angeles or a budding Real Estate Investor in Newport Beach, our bridge financing solutions are designed to support your vision. From Owner-User commercial properties to mixed-use spaces, our bridge loans cater to a plethora of property types.
Moreover, if you're looking to pay off an existing loan, secure permanent financing, or need funds for a down payment, our team of dedicated mortgage brokers is here to assist. With a focus on short-term loan solutions, we also have partnerships with hard money lenders and private money lenders, ensuring that you always have access to the funds you need.