BRT is a hard money commercial real estate lender that specializes in the use of short term mortgage bridge loans. Our creative financing capabilities allow us to develop alternative financing solutions for commercial bridge loans and hard money loans. We are capable of providing real estate financing solutions in as little as 48 hours.
BRT will finance up to 85% on a bridge loan. Loan rates vary depending on the structure of the deal. All rates float over prime. Points generally range from 2-3% and there is never a prepayment penalty. Loan terms vary as well (usually one to three years) and amounts range from $1,000,000 to $75,000,000. Because BRT Realty Trust does not sell or securitize its hard money or mortgage bridge loans, we do not need to fit the financing into a pre-structured "box". We can customize your bridge loan to meet your real estate financing needs. Our bridge loan options include, but are not limited to:- Fast money loan
- Bridge loan
- Hard money loan
- Foreclosure bail out loan
Call us today with your commercial bridge loan needs. We can help find a solution and we'll do it quickly.
| Bridge Loan Amounts: | NYC, Metroplitan: $500,000 to $75,000,000 National: $2,000,000 to $75,000,000 |
| Loan to value: | Up to 85% |
| Security: | First, second, wrap & blanket mortgages |
| Term: | Typically 1 year with options to extend for additional term |
| Prepayment Penalty: |
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| Interest Rates: | Interest rates typically float over the Prime Rate, but can be fixed |
| Recourse: | Typically required |
| Closing: | As fast as necessary (within 48 hours if needed) |
| Points: | Negotiable |
| Appraisal Report: | Not required |
| Engineer Report: | Depends on the nature of the deal |
| Environmental Report: | Required as needed |