Soft & Hard Money Bridge Lending

A bridge loan is interim financing for an individual or business until permanent or the next stage of financing can be obtained. Money from the new financing is generally used to "take out" (i.e. to pay back) the bridge loan, as well as other capitalization needs. Transcend Financial Solutions is able to deliver bridge loans at bank rates through our strategic banking partnerships.

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Program Details

Bridge Loan Closings 2009

1.9 Million Retail Center Refi Phoenix, AZ  $750,000 7 Unit Multi Family Refi Dallas, TX  3.2 Million Warehouse Acquisition Sacramento, CA

Our staff, has advised on over 90MM in  commercial & residential bridge loans since 2004

Term: 1-3 Years

Lending Area: Nationwide

Property Type: All Commercial Property Considered

Loan Size: 1 Million to 100 Million

Rates: Rates may vary depending on collateral types

Amortization: Interest only

Loan to Value: up to 80%

Lender Points: 1% to 6%

Closing Time: 7days to 20 days