COMMERCIAL REAL ESTATE
BRIDGE LOANS
Dragon Realty Capital offers fast bridge financing on most commercial property types nationwide. The following program description is general as we have multiple programs to meet the needs of most commercial investors. Funding can occur in as little as 10 DAYS depending upon the availability of documentation.
Click: DRC, Commercial Bridge & Perm. Application Pkg.
Loan Documentation:
- Property address, year built, breakdown of cash invested to date (if currently owned).
- Guarantor PFS, Investment resumé, & credit report.
- Borrowing Entity documentation.
- Current or Pro Forma Lease Summary.
- Last YE and Pro Forma Profit & Loss Statement.
- Purchase contract OR
- Current mortgage statements/payoff demands.
- Preliminary title report.
Loan Program Description:
LOAN AMOUNTS: $1,000,000 to $50,000,000+
RATES: Vary by risk and market
POINTS: 1.00%+
LTVs: Up to 75%
TERM: 6 to 36 month terms, with extensions
LOCATION: Nationwide, larger MSAs, no rural properties
PROPERTY TYPES: Multifamily, office, retail, industrial, self storage, and assisted living facilities.
CLOSING: 10 to 45 days
Click: DRC, Commercial Bridge & Perm. Application Pkg.
