Real Estate Bridge Lending

SINGLE-SOURCE BRIDGE LENDING

The Real Estate Bridge Lending Team leverages our robust balance sheet, in-house underwriting and credit functions to offer high-touch service, customized financing solutions, and process efficiencies from loan origination through funding and asset management.

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Certainty of Execution

The Bancorp does not use third-party funding sources, which ensures a streamlined and transparent origination process.

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Attractive Leverage

Our bridge loans cover up to 80% of the purchase price and 100% of the capital improvement budget.

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Flexible Financing

Our loans range from $2 million to $75+ million, providing liquidity and flexibility for our customer base.

Fixed & Floating Rate Bridge Lending Parameters*

 
 
Loan amount
$2,000,000 to $75,000,000+
Loan Term
3-year initial term, plus two 1-year extension options
Asset Types
Multifamily
Security
First mortgage lien on subject property
Leverage
Up to 80% of purchase price plus 100% of the capital improvement budget
DSCR
Prefunded interest reserve required for low DSCR loans
Amortization
Interest-only during initial term, 30 years during extensions
Rate
Fixed or Floating, Market Rate
Origination Fee
1.00%
Exit Fee
0.50% – 1.00%
Prepayment
Fixed: Prepayment penalty of 2% in Year 1, 1% in Year 2
Floating: Spread maintenance for 18-24 months
Recourse
Non-recourse except for standard "bad boy" carve-outs
Sponsorship
Established track record with sufficient net worth and liquidity
Closing Timeline
30-45 days on average upon receipt of executed loan application
Certainty of Execution
Funding via The Bancorp's balance sheet; no warehouse line

*Subject to credit underwriting and approval.

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If you are a real estate broker or an investor looking to finance the purchase of commercial real estate, contact us today. Our Real Estate Bridge Lending Team is eager to work with you throughout the lifecycle of your loan.

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