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

Commercial Bridge Loans

$3.43 MM - Quality Inn and Suites - Houma,…

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$20 MM - Four Industrial Buildings, Phoenix, AZ

bethesda MD

$1.56 MM - Single Family Residence - Bethesda, MD

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