Bridge Loans Explained

A Bridge Loan is short-term financing ideal for real estate investors who need immediate funding to acquire, refinance, or stabilize a property quickly. These loans "bridge" the gap until you can secure permanent financing, sell the property, or reach another financial milestone.

Typical Costs and Loan Details:

• Loan-to-Value (LTV): Typically ranges from 65% to 75%.

• Interest Rates: Usually between 8% and 12%, based on the property and borrower experience.

• Origination Fees (Points): Generally 1-3% of the loan amount.

• Closing Costs: Typically 3-5% of the loan amountLoan Term: Short-term, typically 6 to 18 months, interest-only.

At FlipSmart Loans, we've been exactly where you are. Our extensive background in real estate investing means we genuinely understand your needs, ensuring fast, reliable, and clear funding solutions when speed and flexibility matter most.