Bridge Loans
Short-term gap financing to help you purchase quickly
Green Block’s bridge loans, sometimes referred to as gap financing, are short-term loans (usually up to 12 months) offered to real estate investors to take advantage of immediate opportunities such as purchasing a property quickly or to meet seasoning requirements. Being able to move quickly is a key to success in real estate investing, and our bridge loans can help you do that. Whether it’s a single family residence or an multi-unit apartment building, our bridge financing can help keep you one step ahead of the competition.


High LTVs

Fast Funding

Non-QM Loans
Bridge Loan Details
1 – 4 Units |
5+ Units & Mixed Use |
|
---|---|---|
Loan Types | Purchase, Refinance, or Cash-out | Purchase, Refinance, or Cash-out |
Loan to Value (LTV) | Purchase: The Lesser of up to 75% of the Purchase Price or up to 75% Loan-to-Cost
Refinance: Up to 65% of the As-Is Value Cash-Out: Up to 60% of the As-Is Value |
Purchase: : The Lesser of up to 75% of the Purchase Price or up to 75% Loan-to-Cost
Refinance: Up to 70% of the As-Is Value Cash-Out: Up to 65% of the As-Is Value |
Term | 12-18 months with no pre-payment penalty | 12-18 months with no pre-payment penalty |
Rates | Starting at 10.99% | Starting at 10.99% |
Property Types | Non-owner occupied 1-4 units, condos, townhomes | Multi-Family Apartment Buildings (5-9 Units); Mixed-Use Buildings (Residential Space Must Be Greater Than 50% of Square Footage) |
Minimum Experience | None | None |
Minimum FICO | 620 | 620 |
Loan Amount | $50,000 – $2 million | $250,000 – $3 million ($1 million max per-unit; minimum $50,000 per door) |
Minimum Property Value | $100,000 | $50,000 per door |
Borrower Type | US-based business entities. Foreign National guarantors permitted. | US-based business entities. Foreign National guarantors permitted. |
Bridge Loan Application Process
Our loan process is simple – designed to help you close quickly and seamlessly. We know that time is money and our team’s goal is to help you move fast.