Bridge Loans

Bridge Loans

Bridge loans are short-term

(6-12 months) real estate loans that close quickly and have less strict guidelines.

·      Bridge loans are great for real estate investors as they provide quick access to funds with less underwriting and documentation needed

·      Bridge loans can be used for various types of properties, including single-family, condos, townhomes, multi-family, commercial, mixed use, office, retail, industrial, and warehouse

·      Novelle Capital offers bridge loans for nationwide real estate investors, including options for fix and flip, cash out refinance, or purchase money loans

·      Rates for bridge loans start at 9.99%, with loan amounts ranging from $100K to $5M and up to 75% loan-to-value (LTV) ratio

·      Novelle Capital base loan approval on the value or potential value of the property, making it suitable for real estate investors with poor credit or self-employment income

·      Working with an asset-based lender expands mortgage options for brokers and allows them to help a wider range of borrowers, including those who may not qualify for traditional mortgages

·      Contacting Novelle Capital is a fast and easy process to discuss loan options and potential working relationship for brokers and real estate investors.