New York Bridge Loans

Bridge Loans are generally used as temporary financing for real estate that is not qualified for permanent, long-term financing. Bridge loans may also be used for acquiring, refinancing, repositioning or re-tenanting of owned property. Bridge loans enable the owner/developer to take advantage of timely opportunities. Bristol has direct affiliation with active New York direct leader.

Qualifying types of real estate include:

• Apartments/Multifamily
• Retail/Malls
• Office
• Industrial/Distribution
• Hotels

Non-specific details of Bridge Loan parameters include:

• Rates from 8% - 13%
• Expeditious/Efficient Turnaround - Time Sensitive
• Fast Closing
• Hard Money/Story/Situation Lending
• Discounting Existing Debt
• No Application Fee
• No Prepayment Penalty