IFDC BRIDGE LOANS
Funding nationwide for Commercial Real Estate and Residential Investment Properties
IFDC Capital Group is one of the leading bridge loans providers across the nation of United States. We offer quick-closing loans to borrowers, usually for the purchase of, or renovation of commercial and investment properties. We are asset-based lender; we can consider No Income Verification bridge loans.
We fund loans for properties and projects that traditional lenders or banks or government-backed organizations not willing to lend on.
Loan amounts $100K-$15M, larger amount up to $100 million can be considered under full docs loan program.
Grow your business with our investment property mortgage solutions.
WHY CHOOSE IFDC CAPITAL GROUP?
There are many nationwide bridge loan lenders out there, why should you choose to work with us at IFDC Capital Group? Because we are a non-bank private money lender, we can offer some of the best bridge loan lending rates and terms that are unique from other lenders.
We are asset-based lender, we evaluate your loan request by evaluating your assets, not by your personal income, as such we do not need your tax returns, NO INCOME VERIFICATION required for our assets based loan.
Our principals and executives have over 30 years of experience in real estate project funding. We work with borrowers nationwide and offer competitive rates for our bridge loans of 12 to 36 months. We also provide 30 years fixed rate residential rental and Commercial Real Estate loans. Among areas and products we provide loans for residential single and multifamily investment properties, commercial and retail properties, also hotel-motel loans nationwide.
If you would like to know more information about our bridge and 30 years fixed rate loans then please give us a call and talk to one of our loan experts, contact us by e-mail or phone. We are excited to help your next residential investment and commercial real estate project financing.
We provide bridge financing to real estate investors, developers and entrepreneurs across the United States.
PROPERTY TYPES WE FINANCE (PURCHASE OR REFINANCE CASH-OUT)
- Residential Investment Properties (1-4 Family, 5+ Units Multifamily, Condos)
- Mixed Use Real Estate
- Commercial Real Estate
- Retail Stores and Shopping Centers
- Hospitality (Hotel- Motel and Luxury Resorts)
- Office Buildings
- Student Housing
- Warehouse
- Medical Healthcare Facilities
- Manufacturing
- Self-Storage
- Gas Station / C-Town
- Auto Shop
LTV UP TO 90% FOR RESIDENTIAL INVESTMENT PROPERTIES, UP TO 75% FOR COMMERCIAL PROPERTIES, UP TO 100% FOR RENOVATION WORKS.
PRE-APPROVAL IN 48 HOURS, CLOSING IN 15-30 DAYS. LOAN AMOUNTS $100,000-$15 MILLION. LARGER LOAN AMOUNT UP TO $100 MILLION OR MORE CAN BE CONSIDERED UNDER FULL DOCS LOAN PROGRAM.
Documentation Required for Term Sheet
- Detailed summary of project
- Loan request
- Borrower track record
- Current and/or projected rent roll
- Rehab budget
- Purchase Contract (if available)
- Personal Financial Statement
- Recent Bank Statements
- Credit reports (if available)
- NO TAX RETURNS, NO W-2, NO INCOME VERIFICATION REQUIRED
Multifamily Bridge Loan Terms
PROPERTY TYPES:
Residential (5+ Units), Condominium, Apartments
LOAN AMOUNT
$250,000 – $15,000,000 (Larger amount can be considered)
LOAN TYPES
Interest Only | Fixed/Adjustable Rate Mortgage Options
MAXIMUM LOAN TO COST (1-4 FAMILY, MULTIFAMILY, CONDOS)
- Purchase & Rehab: Up to 90% of Purchase/As-is Value + 100% of Rehab Costs
- Refinance Loans: Up to 75% of As-is Value + 100% of Rehab Costs
MAXIMUM LOAN TO STABILIZED VALUE
- Purchase/Rate-Term Refinance: 70%-75%
- Cash-out Refinance: 65%-75%
TERM LENGTH
Up to 24 months + Two 6-month Extensions
RECOURSE
- Loans ≤ $2MM: No Recourse
- Loans > $2MM: Full Recourse or
- Limited Recourse with bad-boy carve outs
- Completion Guaranty/Reserve Replenishment Guaranty when applicable
MINIMUM GUARANTOR FICO
- Mid-Score of 620
1-4 Family Bridge Loan Terms
- LTV up to 90% for purchase and up to 100% for rehab
- No Upfront Fees
- No Doc, No Income Verification
- No Tax Returns Needed
- Pre-Approval in 24-48 hours
- Loans Funded In 10-15 Business Days!
- No Experience? No Problem! We can provide funding to first time investor
- Better terms for experienced investor and developer