Need a little more time? NuBridge's Bridge Program offers additional flexibility for those who do not yet qualify for traditional financing, giving the borrower time to obtain permanent financing.
Up to $5,000,000
Purchase, Refinance
Multifamily, Mixed-Use, Office, Light Industrial, Mobile Home Parks, Self-Storage, Warehouse, Retail - value add opportunities
Max 70% of stabilized underwritten value
Limited to 70% maximum of present valuation
Credit score will be utilized to determine advance LTVs and pricing
Investor and O/O
12, 18 or 24 months
Generally not required
Recourse may facilitate higher LTV - better pricing
Must have established track record of repositioning or managing commercial real estate, and verifiable liquidity
Nationwide (except ND & SD)
2.00% Origination Fee + $5,000 Loan Documentation Fee