BRIDGE LOAN PROGRAM

The bridge lending program is the ideal funding solution for value-added commercial real estate opportunities requiring non-traditional financing. Inland Mortgage Capital’s non-recourse loans are available for loan amounts of $3,000,000 to $12,000,000. The program features a 75% Loan-To–Stabilized Value (80% for apartments), with loan terms up to 3 years (with extensions available).

IMC provides quick decision-making and a fast closing period which allows borrowers to take advantage of value-added or distressed real estate ventures as they arise. With our streamlined lending process, clients can rest assured that their lending needs are in the hands of experienced professionals who understand the real estate industry.

Program Guidelines Because we are not a bank, we can make exceptions.

  • Loan Types: Bridge First Mortgage, Mezzanine
  • Loan Amounts:  $3,000,000 to $12,000,000
  • Recourse: Non-Recourse (except for certain provisions)
  • Interest Rates: Floating Rate Over LIBOR (30 Day)
  • Loan Fee: 1% Upfront with 1% Back End
  • Loan Term: Up to 3 Year Term (with extensions available)
  • Loan-To-Value: 75% LTV (based on stable value) (80% on apartments)
  • Prepayment Penalty: Very Flexible Prepay
  • Project Preferences: Transitional light (will consider compelling transitional heavy)

Eligible Property Types

Industrial
Retail
Multi-Family
Office