Bridge Loans

  • Bridge loans are short term loans that can be funded very fast – within a week
  • Ideal for Fix and Flip opportunities
  • Great way to Fix and Refinance
  • Acquire and stabilize a property before refinancing with a Rental Loan 
  • Perfect solution if a bank will not finance your property because of credit issues
  • 8% – 10% interest only
  • Amortization option available
  • 1.5 – 2% origination fee
  • 1 year term standard
  • 2 year term available
  • 6 month extensions available
  • Up to 85% of purchase price
  • Typically, 100% of rehab
  • Total Loan amount not to exceed 75% ARV
  • First Lien Only
  • Property must be in LLC not in personal name
  • New appraisal to be ordered by West Forest Capital
  • Can accept existing appraisal on a case-by-case basis
  • Lender title insurance
  • Insurance policy (West Forest Capital should be loss payee and additional insured)
  • Builder’s risk insurance on extensive rehab projects

Please contact me