Bridge Loans

Bridge LoansBridge loans are short-term interim financing solutions. Typically, bridge loans are used until a permanent form of financing can be obtained. Many of our Borrowers use a bridge loan to purchase a property that will be held in a rental portfolio or they wish to occupy the home after repairing and refinancing. Money from the new financing is generally used to pay back the bridge loan, as well as other capitalization needs. Rather than waiting for a standard financing product, savvy investors realize that there are many reasons to pursue a bridge loan.

In many cases, investors will lose a valuable real estate opportunity if they wait for the conventional loan process which can take at least 30 days and sometimes longer. In other scenarios the property does not qualify for conventional financing due to structural, zoning or repair issues or the Borrower does not qualify due to credit issues. A bridge loan allows the Borrower a period of time to repair the property and/or their credit until permanent financing is available. In either case, Silverado Funding can provide a fast, cost-effective solution in the form of a bridge loan. We are committed to expediting the loan process in order to close a transaction quickly. Silverado Funding  will work with you to determine the best loan program for your unique situation. Please contact us  for more information on this or any other type of loan program.