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Bridge Loan Program
BGI Capital offers investment-level transparency and a flexible finance structure for every investor’s needs. Our Bridge Loan Program is ideal if you are looking to finance acquisitions, rehab to reposition and value adds. We employ an efficient approach to lending. By leveraging technology, we streamline the entire loan process with an effective 3-step process for both local and foreign nationals.
Lending Summary
| LOAN TYPE | 1-4 unit residential properties including condos, townhouses and commercial properties. |
| LOAN AMOUNT | Minimum: $250,000 Maximum: $20,000,000 |
| LOAN TERMS | Up to 3 years |
| INTEREST RATE | Starting at 7.99% |
| PAYMENTS | Interest only |
| ORIGINATION FEE | Starting at 2% |
| LOAN-TO-VALUE [LTV] | Up to 70% |
| PREPAYMENT PENALTY OPTIONS | Case by case basis |
| TITLE | Entity (Corp, LLC, Trusts, etc) Cross collateral transactions are allowed Blanket Loan options |
| OTHER | Full recourse to borrower Interest reserves, if required Foreign National Investors |
BGI Capital offers investment-level transparency and a flexible finance structure for every investor’s needs. Our Bridge Loan Program is ideal if you are looking to finance acquisitions, rehab to reposition and value adds. We employ an efficient approach to lending. By leveraging technology, we streamline the entire loan process with an effective 3-step process for both local and foreign nationals.
STEP 1
- Loan application
- Executed contract, if purchase
- Visa & Passport
- 3 months of bank statements
- Proof of residence
STEP 2
- Executed term sheet
- Loan deposit
- Sign disclosures, if applicable
- Articles of organization
- Operating agreement
STEP 3
- Insurance HO6 for condos
- Survey, if applicable
- Closing coordination
PROPERTY TYPES
Multi-Family
Single Family Homes
Condiminiums
Light Industrial
Mixed-Use
Hospitality
Retail
Special Purpose
