MULTIFAMILY BRIDGE LOANS
DIRECT LENDER OFFERING MULTIFAMILY BRIDGE LOANS
APARTMENT BRIDGE LOANS
For Sponsors interested in a reliable source of financing for their apartment buildings, our Bridge Loans are a perfect choice. EZ Short Sales’s Multifamily Bridge Loans give investors the flexibility and capital to take their value-add projects to the next level.
LOAN TERMS
- Loan Amounts: Minimum $1MM to Maximum $10MM
- Eligible Transactions: Purchase, recapitalization, refinance (Including Cash Out), upgrades and/or seasoning
- Max LTV: Up to 65% of the stabilized value
- Rate: Fixed from 7.99%
- Eligible Properties: Apartments 5-200 Units (Per door minimum $50K)
- Minimum Occupancy: 70%
- Points: Determined by the property, sponsor, and loan
- Closings: In as little as 20 business days
- Amortization: Interest Only (No interest charged on undispersed funds)
- Loan Term: 12-24 Months
- Guarantee: Non-Recourse and Recourse Options
- Credit: Minimum FICO 650
ADVANTAGES OF MULTIFAMILY BRIDGE LOANS
- Specialize in Value- add projects
- Fast closings in as little as 20 business days
- No DSCR Minimum required at purchase