Bridge Loan Illinois

BRIDGE LOAN ILLINOIS BENEFITS:

* Up to 90% of Purchase
* 100% of Rehab
*Fix and Flip Loans
*Multifamily Loans
* Ground Up Construction
* Flexible Terms:12, 24, 36 Months

 

LOAN APPLICATION  QUICK APPLY

Bridge Loan Illinois
Loans Custom Built for Real Estate Investors

Whether you buy to hold, fix and flip, or build to rent in the Illinois market, CambridgeHomeLoan.com has the capital for your investment needs
The nations #1 Lender for Fix and Flip Loan and Fix To Rent Investment Loans
Fix & Flip Loan 90% LTV and up to 100% of fix up costs!

Fix To Rent Loans
Illinois

fix and flip loan pennsylvania
    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 5yr, 7, 10 and 30 year terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $70,000 – $100 million

Fix and Flip Loans
Illinois

    • 1-500+ properties

    • Single-family, 2-4 units, condos, townhomes, multifamily

    • 12 To 24 month terms

      • Up to 90% of cost

    • Up to 100% of rehab

    • Up to 75% of completed value

    • $100,000 – $100 million

MultiFamily Loans /
Commercial Real Estate

        • 1-50+ properties

        • Multifamily, condos, student housing, 
        • mixed use w/ majority residential

        • 12, 24 mo., 5,10,30,40 year terms

        • Up to 100% of cost

      • $1M – $50M

      • Bridge, Construction, Permanent, Refinance

CambridgeHomeLoan.com is #1 commercial bridge loan lender in Illinois. We have gained our reputation as the fastest and most efficient bridge loan lenders in Idaho by providing exceptional service and a product mix to insure that our investors can exceed their investment expectations. 

Fix and Flip Loan Illinois

hard money lender fort washington

Commercial Real Estate Hard Money Loan. Great Rates! Fast Close!!

Bridge Loan Application

Bridge Loan Lender Illinois

We provide a Fast Close for Investment Properties and Commercial Real Estate. Fix and Flip Loan, Fix to Rent, Multifamily Loan, Commercial real estate Loans. 

We have Purchase, Refinance and Cash out Refinance programs available. Hard money Loan programs can finance up to 90% of the acquisition on fix To flip/Fix to rent and 85 – 100% LTC of commercial real estate and multifamily value added acquisition. 

We provide 100% of the construction costs. For all of your hard money needs, contact us today! Great Rates!  Fast Close!!

Once completed we can refinance into a 30 year loan at low rates!

        Commercial Real Estate Bridge Loans

* Commercial Value Added Properties: Up to 100% of the purchase, 100% of the Rehab. Up to 75% of as repaired value.

* Multifamily Value Added Properties 90%of Purchase.

* Commercial Real Estate Financing: Conventional Purchase, Refinance, Cash Out Refinance

MOST POPULAR ILLINOIS LOAN PROGRAMS

dscr loan program

DSCR LOAN

*Up To 85% LTV
* Cash Out Refinance
* 15-30 Day Close!
* No Income Required
* No Employment Required

fix and flip loan programs

FIX TO FLIP

*Up to 90% of the Purchase
*100% of the Rehab.
* Closing as fast as 5 days!
* Fix to Flip or Fix to Refi .
* 30 or 40year DSCR loan

rental loan

CASH OUT REFI

* Cash-out & Refinance
*30 or 40 year loan..
* Closing 30 days!
* Up To 80% LTV

construction loan

CONSTRUCTION

*Ground Up Construction
Up To 80% Of Land
* 100% of Construction
* Builders and Developers!

Bridge Lender in Illinois

As a leading Bridge lender Illinois, CambridgeHomeLoan.com offers loans to real estate investors throughout the state of Illinois.  CambridgeHomeLoan.com offers both short-term real estate loans as well as long-term rental loans to qualified investors who wish to expand their portfolio of properties in Illinois. Whether it is a quick cosmetic flip or a full rehab – you want a lender that can push your deal through with speed and flexibility. For Illinois Real Estate Investing, CambridgeHomeLoan.com is the #1 Choice.

Our Illinois Bridge Loan Rates

  • Single Family Homes, Condominiums and Multifamily Apartments
  • Loan Amount – $100,000 to $50,000,000 per property
  • Interest Rates – Starting at 9.99%
  • Interest Only Payments
  • Loan Fees – 1.0% to 3.0%
  • Loan Term – 12 to 36 Months, Prepayable at Any Time
  • Loan Advance – Up to 90% of Purchase Costs (Purchase Price + Closing Costs), Up to 100% of Rehab Budget

Flipping Real Estate in Illinois

With off-market deal flow, easy-to-use analytical tools and the right capital partner, flipping properties in Illinois can be straightforward and profitable. No matter where in Illinois you invest, CambridgeHomeLoan.com is your ideal Bridge lending partner.

JV-Financing For Value Add Commercial Real Estate

Send us your value added commercial real estate deal!

Don’t give away your profits to investors.
Fund 100% of your real estate project,
No equity participation required!

* 100% of Purchase and 100% of Rehab Costs!
*  Loans from $1-$35 million 
*  No monthly payments!

What is needed to qualify”
Value added real estate project, decent credit, experience!

Commercial bridge loans in Colorado allow buyers to purchase at much higher leverage, giving them time to finish construction or stabilize their tenancy in order to refinance at the best long term rates available. When ready our affiliate CambridgeCapital.org can help you with your long term financing at the lowest available rates in the industry.

How Does A Bridge Loan Work in Illinois?

A Bridge loan is a way for you to borrow money for real estate without using traditional mortgage lenders. Instead, the funds come from investors who lend money based primarily on the property you’re using as collateral.

Traditional mortgage loans require proof that you can comfortably repay the debt. Lenders often review your credit scores and any income available to evaluate your creditworthiness. If you have plenty of income, savings, or can get another collateralized loan you might not need to worry.

Bridge Loan lending is currently a very efficient way to close quickly and provide high leveraged capital at reasonable rates. 

Bridge loans are generally short-term loans, lasting from 1,2 or three years. You use them as a quick way to get money for a purchase. However, you wouldn’t want to keep one of these loans for an extended period because interest rates for hard money are typically relatively high. 

Benefits of a Bridge Loan in Illinois

Bridge Loans Are Approved And Funded Quickly
Our Bridge Loans Have Few Requirements than bank loans
These Loans Provide Funding For Projects That Cannot Be Financed Elsewhere
Bridge Loans Provide Higher Leverage and 100% of the Rehab.

A “Bridge Loan”  are  used to purchase property and close quickly with the goal of selling it for a profit or refinancing it to rent once the repairs are completed. A Bridge loan is works really well in these situations.

  1. When you need a fast closing (Our quick close time is 5 days!)
    This can help you secure a better purchase price.
  2. If High leverage or a low down payment is required.
    If repairs are needed bridge lenders look at after stabilized value
  3. The property needs additional funds for renovations.
    Many bridge loans come with 100% rehab or construction funds
  4. If you cannot provide verifiable income (no tax returns required).
    No income, tax returns or W2s required.
  5. When the asset is not yet stabilized, leased up, or producing any income.
    You can typically  cash out once repairs are made.
  6. If you want a short term loan with no prepayment penalty
    You can refinance at any time so your annualized interest is minimized.

At CambridgeHomeLoan.com, our bridge loans close very quickly… as little as 5 days! Our fix and flip loans and fix to rent investment real estate loans do not require personal income verification and very little documentation! 

We offer a 100% programs and a limited documentation 90% down loan program as well. . 

Program Summary

Loan Amount:$100,000 – $250 Million
Term Length:12 – 36 Months
Max LTV:100%  (90% Limited Doc)
Rehab:Funded 100%
Amortization:Interest only
Interest Rate:Starting at 5.50%
Closing Time:5 – 14 Days
Loan Use:Purchase, Rehab, Refinance
Cash out refinance

Buy, Rehab, Rent, Refinance, Repeat and grow your passive income with Bridge Loans

Bridge loans  are a great way to  leverage your existing capital to generate more income with the ability to close & flip more projects at once!  CambridgeHomeLoan.com finances the acquisition and the rehab costs of the project.

EXPERT REAL ESTATE BLOG

ultimate guide to dscr loan

Ultimate Guide To DSCR Loans

Home The Ultimate Guide to DSCR Loans: Everything You Need to Know Introduction When it comes to real estate investment, finding innovative financing solutions is

Read More »

About Idaho

Idaho is a state in the Pacific Northwest region of the Western United States. It borders the state of Montana to the east and northeast, Wyoming to the east, Nevada and Utah to the south, and Washington and Oregon to the west. To the north, it shares a small portion of the Canadian border with the province of British Columbia. With a population of approximately 1.8 million and an area of 83,570 square miles (216,400 km2), Idaho is the 14th largest, the 13th least populous and the 7th least densely populated of the 50 U.S. states.

The state’s capital and largest city is Boise. A low cost of living, lots of jobs and plenty of wide-open spaces are just a few reasons why newcomers are making Idaho their home. The Gem State’s natural beauty and stunning wildlife also make it one of the most beautiful places in the world to live.

Not just Illinois, we are serving all the states of USA: Bridge Loan Alabama, Bridge Loan Alaska, Bridge Loan Arizona, Bridge Loan Arkansas, Bridge Loan California, Bridge Loan Colorado, Bridge Loan Connecticut, Bridge Loan Delaware, Bridge Loan Florida, Bridge Loan Georgia, Bridge Loan Hawaii, Bridge Loan Idaho, Bridge Loan Illinois, Bridge Loan Indiana, Bridge Loan Iowa, Bridge Loan Kansas, Bridge Loan Kentucky, Bridge Loan Louisiana, Bridge Loan Maine, Bridge Loan Maryland, Bridge Loan Massachusetts, Bridge Loan Michigan, Bridge Loan Minnesota, Bridge Loan Mississippi, Bridge Loan Missouri,

Bridge Loan Montana, Bridge Loan Nebraska, Bridge Loan Nevada, Bridge Loan New Hampshire, Bridge Loan New Jersey, Bridge Loan New Mexico, Bridge Loan New York, Bridge Loan North Carolina, Bridge Loan North Dakota, Bridge Loan Ohio, Bridge Loan Oklahoma, Bridge Loan Oregon, Bridge Loan Pennsylvania, Bridge Loan Rhode Island, Bridge Loan South Carolina, Bridge Loan South Dakota, Bridge Loan Tennessee, Bridge Loan Texas, Bridge Loan Utah, Bridge Loan Vermont, Bridge Loan Virginia, Bridge Loan Washington, Bridge Loan West Virginia, Bridge Loan Wisconsin, Bridge Loan Wyoming 

 

For more information on Hard money loans click HERE!