Commercial Bridge Loans
RATES + TERMS
LOAN SIZE
Acquisitions, refinances, cash-outs, value-add bridge transactions, situational capital and soft-hard money lending
LOAN SIZE
$1 Million to $50+ Million
PROPERTY TYPES
Multifamily, industrial (flex & warehouse), retail, self-storage, mixed-use, hospitality (flagged & boutique), mobile home parks, office, medical office, single family residences, condominiums, gas stations and special use assets
ACCEPTABLE MARKETS
Nationwide Lending including Hawaii and Alaska (excluding NV) in
urban/suburban markets
LOAN TERM
6 months to 3 years
TIMING
2 – 3 week closings
PREPAYMENT
6 months minimum interest on most deals
FUTURE FUNDING FACILITIES
Renovation reserves, TI/LCs, PIPs, and interest reserves
CASH-OUTS
Acceptable on strong deals
RATES
Interest only payments with rates generally in the 9.50% - 11.50% range
LENDER FEES
Starting at 1% in and 1% out on most deals
LTC/LTV MAXIMUM
70%
RECOURSE
Typically required on most deals under $20 million. Negotiable on larger
transactions.
LIEN POSITION
1st Mortgages only
UNACCEPTABLE INVESTMENTS
No ground up construction lending or heavy lift rehab
Not currently financing malls, hospitals or assisted living
Minimal appetite for land and very selective on office
MINIMUM PERSONAL FICO SCORE
650
CONTACT US
Let's Talk
AVATAR FINANCIAL GROUP LLC
1200 Westlake Avenue N, #1006
Seattle, WA 98109
Office: 206.728.5900
Toll-Free: 1.888.886.0097
For information about loan programs or loan
requests, email us at:
loanrequest@avatarfinancial.com



