Bridge Loans
Short-term financing for investors buying, refinancing or cashing out a 1-4 unit or small multifamily investment property, $1M to $5M, closing in about two weeks.
Bridge loans fill the gap between opportunity and permanent financing. When a deal needs to close fast, when a property needs repositioning before it qualifies for conventional lending, or when timing is everything, a bridge loan is the right tool.
On a clean file, a bridge loan closes in about two weeks. Interest-only payments keep your monthly costs low while you execute your business plan.
Whether you're acquiring a distressed asset, bridging to a sale, or stabilizing a newly renovated property, we'll match your deal with the right bridge lender.
Already own a US property with equity locked in it? A cash-out bridge releases that equity, business-purpose, qualified on the asset rather than your personal tax returns. It is one of the most useful tools for international investors who own US real estate but cannot access its value through conventional lenders.
$1M – $5M
Bridge Loans: terms at a glance
Updated · David Hodara, Founder
| Loan size | $1M to $5M |
|---|---|
| Leverage | Up to 80% LTV |
| Term | 12 months, interest-only |
| Rate | Typically 8-12%, interest-only |
| Fee | 1-2% of the loan, paid at closing. No upfront fees |
| Term sheet | 24-48 hours |
| Closing | About two weeks on a clean file |
| Property | Single-family, 2-4 units, condo, townhome, small multifamily up to 9 units, held for investment |
| Borrowers | US investors and foreign nationals on the same terms, through an LLC. No US credit history required for non-US investors |
| Purpose | Business-purpose only, non-owner-occupied |
Purchase, refinance, or cash-out on 1-4 unit residential and small multifamily. Cash-out is 5 points lower on leverage. No prepayment penalty.
Key Features
Fast Close
About two weeks on a clean file, with a term sheet in 24-48 hours.
Interest-Only
Keep monthly payments low with interest-only structures during the loan term.
Flexible Terms
6 to 24 month terms with extension options. No prepayment penalties on most programs.
High Leverage
Up to 75-80% LTV on purchase price. Higher leverage available with additional collateral.
Asset-Based Underwriting
Underwriting focused on the asset and exit strategy, not personal tax returns.
Residential Investment
1-4 unit residential, SFR portfolios, and small multifamily.
Ideal For
Acquiring distressed or off-market properties
Bridging to a sale or refinance
Stabilizing newly renovated assets
Time-sensitive transactions
Properties that don't yet qualify for conventional lending
Value-add strategies with a clear exit plan
Releasing equity from a US property you already own (cash-out bridge)
Bridge Loans in active state markets
Market-specific dynamics affect how bridge loans get structured and priced. Browse the state × asset class pages for local context, top metros, and FAQs.
FL · Single Family & 1-4 Unit
Florida Single Family & 1-4 Unit →
FL · Fix and Flip
Florida Fix and Flip →
FL · Ground-Up Construction
Florida Ground-Up Construction →
FL · Small Multifamily (5-9 Units)
Florida Small Multifamily (5-9 Units) →
FL · SFR Portfolio
Florida SFR Portfolio →
TX · Single Family & 1-4 Unit
Texas Single Family & 1-4 Unit →
TX · Fix and Flip
Texas Fix and Flip →
TX · Ground-Up Construction
Texas Ground-Up Construction →
TX · Build-for-Rent
Texas Build-for-Rent →
TX · Small Multifamily (5-9 Units)
Texas Small Multifamily (5-9 Units) →
CA · Single Family & 1-4 Unit
California Single Family & 1-4 Unit →
CA · Ground-Up Construction
California Ground-Up Construction →
CA · Small Multifamily (5-9 Units)
California Small Multifamily (5-9 Units) →
NY · Small Multifamily (5-9 Units)
New York Small Multifamily (5-9 Units) →
AZ · Single Family & 1-4 Unit
Arizona Single Family & 1-4 Unit →
AZ · Ground-Up Construction
Arizona Ground-Up Construction →
AZ · Build-for-Rent
Arizona Build-for-Rent →
GA · Single Family & 1-4 Unit
Georgia Single Family & 1-4 Unit →
GA · Ground-Up Construction
Georgia Ground-Up Construction →
GA · Build-for-Rent
Georgia Build-for-Rent →
TN · Single Family & 1-4 Unit
Tennessee Single Family & 1-4 Unit →
TN · Ground-Up Construction
Tennessee Ground-Up Construction →
TN · Build-for-Rent
Tennessee Build-for-Rent →
NC · Single Family & 1-4 Unit
North Carolina Single Family & 1-4 Unit →
NC · Ground-Up Construction
North Carolina Ground-Up Construction →
NC · Build-for-Rent
North Carolina Build-for-Rent →
Plan your bridge loans
Run the numbers
Estimate your payments →Related guides
- What a $2M bridge loan costs in Miami→
- Cash-out bridge loan on a single family rental in two weeks→
- What a business-purpose mortgage to an LLC is→
- Bridge loan vs. construction loan→
- How fast a $1M to $5M bridge loan closes→
- Land, build, then refinance into DSCR→
- How much experience a bridge loan needs→
- Bridge loan vs. hard money loan→
- Bridge loans without personal income verification→
- Down payment for a foreign national, by loan type→
- Closing from abroad without traveling to the US→
- European investors borrowing $1M to $5M without US credit→
Related financing
Frequently Asked Questions
Is a bridge loan a business-purpose mortgage to an LLC?
Yes. A bridge loan is a short-term business-purpose mortgage to your LLC, secured by the non-owner-occupied investment property you are buying, refinancing or cashing out. It is not a consumer mortgage: it is underwritten on the asset and the exit, and it is not offered for a property you or your family will use.
What interest rate can I expect on a bridge loan?
Bridge loan rates typically range from 8-12% depending on LTV, property type, location, and borrower experience. Lower leverage deals (under 65% LTV) and experienced borrowers with strong exit strategies generally qualify for rates at the lower end of the range.
What is the maximum LTV for a bridge loan?
Most bridge loan programs go up to 75-80% LTV based on the as-is appraised value. Higher leverage may be available with additional collateral or recourse guarantees. For value-add properties, lenders may also underwrite to 65-70% of the after-repair value (ARV).
Can I extend a bridge loan if I need more time?
Yes. Most bridge loan programs offer 6-12 month extension options built into the original term. Extensions typically require the loan to be current, the property to be performing as projected, and a small extension fee (0.25-0.50%). Total term including extensions can reach 24-36 months.
Can I release equity from a US property I already own?
Yes. A cash-out bridge lets you unlock the equity in a US property you already hold, qualified on the asset rather than your personal tax returns. It is business-purpose financing to a US entity, available to US and international owners, including foreign nationals who cannot access their equity through conventional lenders. Common uses are funding the next acquisition, renovation capital, or liquidity, with a clear exit through refinance or sale.
What exit strategies do bridge lenders accept?
The most common exit strategies are: refinance into permanent financing (DSCR or conventional loan), property sale, or completion of a value-add plan that qualifies the property for long-term debt. Lenders want to see a clear, realistic exit before funding. We help structure your exit plan before closing.
Ready to get started?
Submit your deal in 2 minutes and get financing options within 24 hours.
Submit a DealDisclosure: Passy Capital LLC, a Florida limited liability company (registered at 7901 4th St N, Ste 300, St. Petersburg, FL 33702), is a commercial real estate financing brokerage, not a direct lender. All loans are placed through third-party lenders and are subject to lender approval, underwriting, credit, property, and other criteria. Rates, terms, and conditions vary by lender, borrower profile, and deal specifics. Information presented does not constitute a commitment to lend. Loans are for business purposes only and made to limited liability companies or other entity borrowers; they are not offered to consumers and are not for personal, family, or household use. Programs are available in select states; licensing requirements vary by jurisdiction.