Commercial Bridge | Hard Money Loans

 

LOAN SIZE  

** From $250,000 up to $5,000,000  (Loans greater than $5 Million can be done and will be considered on a case-by-case basis.)

     
LOCATION   Riverdale Funding provides private money bridge | hard money loans to 35 states and the District of Columbia. See our states map for exact locations.
     
COLLATERAL  

Multi-family (Apartment Building), Office, Retail, Mixed-Use, Strip Center, Free Standing Commercial, Warehouse, Light Industrial*, Self-Storage*, Improved Land, and 1-4 Family Investment (non-owner occupied).

All other property types will be considered on a case-by-case basis.

Contact a Riverdale Funding Account Executive for a property review.

    NOTE:  At this time, we do not provide financing for construction projects or provide property rehab financing.  We are a "true asset-based lender" and our decision to lend and the loan amount provided are based on the "as-is" value of the subject property.
     
LOAN TERM   1-3 Years, Interest-Only 
     
RATE   From 8% - 13%*
     
LOAN TYPES   Purchases, Refinances, Bridge Loans, Investment Property Loans, and Rental Property Loans.    [Commercial Loan Programs]
     
CLOSING TIME   We have fast loan closings due to our streamlined and efficient loan process and because we are direct lenders.
     
MAX LTV  
  • Up to 65% Loan-to-Value (LTV) 
  • up to 50% Loan-to-Value (LTV) on improved land
     
PROGRAM SPECIFICS  
  • All credit history accepted
  • No Financials Required - No tax returns. No income verification. No bank statements. 
  • Brokers always welcomed and protected
  • Flexible common sense underwriting
  • Quick approvals
  • Fast closings
  • We are direct lenders and we lend from our own portfolio

 

 

 

^  Riverdale Funding cannot provide loans on 1-4 Family Investment properties in the following states: Oregon, Minnesota, Utah

*  Rate and Terms are subject to change without notice, dependent upon property location, property condition, and subject to underwriter review.  Contact an Account Executive at Riverdale Funding for a fast commercial loan request evaluation.

**  These and other commercial property types not listed above will be considered on a case-by-case basis.