Waiting for a piece of commercial real estate to sell?
In this industry, time is a definite factor when trying to obtain quality properties. Bridge lending can provide you with funding to buy new properties without waiting for a sale to go through. Usually, there is a very small window of opportunity regarding the purchase of a piece of commercial property. You may find yourself in a state of limbo, when you are waiting for a property to sell, but you have a new investment you want to make. Bridge lending can help with this dilemma. Let Commercial Mortgage Connection help you close the deal on a new piece of commercial real estate.
Better Than Bank Lending
With most traditional banking institutes, the interest rates on these types of loan will be through the roof. Commercial Mortgage Connection works with a number of private financial investors when searching for the right bridge lending for a client. The bridge loans we secure are usually low interest and allow you to structure a repayment plan tailored to your needs. With this low interest loan, you can get the capital you need without worrying about paying too much for it when all is said and done.
Bridge Financing and Other Options
Our main goal is to help you secure the financing needed to buy commercial real estate. Having to wait too long for financing can lead to the deal of a lifetime slipping through your fingers. We understand just how time sensitive these matters can be, which is why we work feverishly to get your loan processed and approved rapidly.
There are also many, many cases where a borrower feels they have no alternative but to use a Bridge Lender. We have extensive relationships with Private Lenders and small regional banks that will see the complete loan. More often than you would think, they will fund your loan, with normal bank rates and terms. However, you'll never know if you don't contact us and let us try.
There are a variety of bridge lending benefits provided by Commercial Mortgage Connection:
Loans for up to 90% of the loan to value ratio.
Loan Amounts as high as $250 million.
Lowest interest rates the marketplace has to offer.
Loans can be used on all property types.