• Bridge Program

  • 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.

  • Bridge Loan Program Summary

    • LOAN AMOUNT

      $1,000,000 - $10,000,000

    • LOAN PURPOSE

      Purchase, Refinance

    • PROPERTY TYPES

      Multifamily, Mixed-Use, Office, Light Industrial, Mobile Home Parks, Self-Storage, Warehouse, Retail - value add opportunities

    • LOAN TO VALUE

      Up to 75% of stabilized underwritten value

    • INITIAL ADVANCE

      Limited to 70% maximum of present valuation

    • CREDIT SCORE

      Credit score will be utilized to determine advance LTVs and pricing

    • OCCUPANCY

      Investor and O/O

    • TERM

      12, 18 or 24 months

    • IMPOUNDS

      Generally not required

    • RECOURSE

      Recourse may facilitate higher LTV - better pricing

    • SPONSOR

      Must have established track record of repositioning or managing commercial real estate, and verifiable liquidity

    • LOCATION

      Nationwide (except ND & SD)

    • LOAN COST

      1.00% - 2.00% Origination Fee + $2,500 Document Fee