Bridge Loan Store is a mortgage banking firm, founded in 1997, lending on commercial and business real estate in all 50 states. Our funds come from Fannie Mae, Freddie Mac, FHA, Wall Street, insurance companies, REITS, private investors and hedge funds. We have an A+ rating with the Better Business Bureau, and close our loans as proposed at an exceptionally high rate.
Experienced real-estate investors and brokers know there is a lot at stake in choosing the right mortgage company. They want professionals who are on their side to discuss ideas, make plans, and ensure no mistakes are made. Bridge Loan Store is proud to employ finance specialists who are experts in the industry and passionate about commercial investments.
Call us today, and find out what it’s like to work with a banker who is quick, thorough, and sincerely interested in your success.
Non-Recourse Loans Available
More than 70 percent of the loans we do at Bridge Loan Store are non-recourse. This is a great advantage for estate planning and asset protection. The key principals on the loan are not required to personally guarantee the loan. They do, however, have to sign the standard carve-out clauses (so that, in case of fraud, they can be held responsible). Instead of the individual guaranteeing the loan, the ownership entity such as the LLC, LP, corporation, etc. guarantees it. If there is a default, the lender can only go after the property itself, and cannot obtain a deficiency judgment and go after the individuals.
Cash Out is OK for Any Reason
might invest the cash in another property or venture that might fail, and thus put the subject property at risk. Second, they are concerned that once you pull cash out, you will not have much at stake, and will let the property go downhill.
We Have an A+ Rating with the Better Business Bureau
website. One of the reasons we have obtained the BBB’s highest rating is because we do not take up-front fees. An up-front fee is taken by a mortgage company for doing their due diligence on the loan. They can keep this deposit even if they never place your loan. Second, we have a 97 percent success rate of closing our loans as proposed. Borrowers get quite upset when you take a large amount of money from them for appraisals and other loan expenses, and then do not close on their loan.
Fast Bridge Funding. Hard Money.
6% to 13%, up to 70%