Bridge Loan Ohio
Bridge Loan Ohio Requirements:
* Fix and Flip Bridge Loan
* Multifamily Bridge Loan
* Up To 90% of Purchase
* 100% of Rehab
* Ground Up Construction Loan
* Commercial and Investment Bridge Loans
CambridgeHomeLoan.com is #1 commercial bridge lender in Ohio. We have gained our reputation as the fastest and most efficient bridge loan lenders in Ohio by providing exceptional service and a product mix to insure that our investors can exceed their investment expectations.
Bridge Loan Ohio
Loans Custom Built for Real Estate Investors
The nations #1 Lender for Fix and Flip and Fix To Rent Investment Loans
Fix & Flip Loans 90% of Purchase and 100% of fix up costs and 100% LTC for Value add commercial projects!
Bridge Loan Ohio
CambridgeHomeLoan.com provides a Fast Close for Investment Properties and Commercial Real Estate. Fix and Flip, Fix to Rent, Multifamily, Commercial real estate.
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!
#1 Bridge Lender Ohio
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 (See Above) or 87% LTC.
* Commercial Real Estate Financing: Conventional Purchase, Refinance, Cash Out Refinance
How Does A Bridge Loan Work in Ohio?
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.
- Single Family Homes, Condominiums, Multifamily Apartments and other commercial or investment asset types
- Loan Amount – $100,000 to $250,000,000 per property
- Interest Rates – Starting at 9.99%
- Interest Only Payments
- Loan Fees – 1.0% to 4.0%
- Loan Term – 12, 24 or 36 Months, Prepayable at Any Time
- Loan Advance – Up to 90% of Purchase, Up to 100% of Rehab Budget
Up To 100% Financing For Value Add Commercial Real Estate
Don’t give away your profits to investors.
Fund 100% of your real estate project in Ohio, 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.
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 Ohio
Bridge Loans Are Approved And Funded Quickly
Real estate investors who haven’t previously used Bridge Loans are amazed at how quickly a bridge loan is funded compared to banks. Bridge loans can be funded with 3-5 days if needed. Compare that with 45+ days it takes for a bank to fund. This speedy funding has saved numerous real estate investors who have been in escrow only to have their original lender pull out or simply not deliver. It is also ideal for real estate assets that have a rehab component. There are perfect situations for a bridge lender to step in, provide financing quickly and save the deal.
Fewer Requirements: Bridge Loans Have Few Requirements
Banks also have a list of issues that will raise a red flag and prevent them from even considering lending to a borrower such as recent foreclosures, short sales, loan modifications, and bankruptcies. Bad credit is another factor that will prevent a bank from lending to a borrower. Most banks will not lend to a borrower who already has 4 mortgages even if the borrower’s credit is perfect with no other issues.
A Bridge Loan Can Provide Funding For Projects That Cannot Be Financed Elsewhere
Bridge Loans provide many loans to commercial real estate assets that conventional lenders such as banks have no interest in financing. A good example of this is a fix and flip loan. These projects involve a real estate investor purchasing a property with a short term loan so that the investor can quickly make the needed repairs and updates and then sell the property. In most cases, the real estate investor only needs a 12 month loan. A 12 month term doesn’t work with a bank’s business model.
#1 Bridge Loan Lender Ohio
Ohio is a state in the Midwestern region of the United States. Of the fifty U.S. states, it is the 34th-largest by area, and with a population of nearly 11.8 million, is the seventh-most populous and tenth-most densely populated. Ohio is a state with wonderful possibilities for travelers looking for a cosmopolitan experience, a small-town retreat, or a full-on escape to nature.
Cleveland, Cincinnati, Columbus, and Dayton offer many of the state’s best cultural attractions, great shopping, and a full repertoire of things to do. Living in Ohio is a great value with all the benefits of a big state at small state prices. The Buckeye State placed 9th in CNBC’s annual ranking of America’s cheapest states to live in, pretty remarkable for the 7th most populous state in the country. For investing in real estate in Ohio reach out to the #1 Bridge loan lender in Ohio. CambridgeHomeLoan.com
We are serving all the locations of Ohio including Columbus, Cleveland, Cincinnati, Toledo, Akron, Dayton, Parma, Canton, Youngstown, Lorain, Hamilton, Springfield, Kettering, Elyria, Lakewood, Newark, Cuyahoga Falls, Middletown, Dublin, Beavercreek, Mentor, Euclid, Mansfield, Strongsville, Cleveland Heights, Fairfield, Delaware, Grove City, Findlay, Huber Heights, Westerville, Lancaster, Warren, Reynoldsburg, Hilliard, Lima, Marion, Gahanna, Upper Arlington, Brunswick, Stow, North Ridgeville, Mason, Fairborn, Massillon, Westlake, Bowling Green, North Olmsted, North Royalton, Kent, Austintown,
Columbus, Cleveland, Cincinnati, Toledo, Akron, Dayton, Parma, Canton, Youngstown, Lorain, Hamilton, Springfield, Kettering, Elyria, Lakewood, Newark, Cuyahoga Falls, Middletown, Dublin, Beavercreek, Mentor, Euclid, Mansfield, Strongsville, Cleveland Heights, Fairfield, Delaware, Grove City, Findlay, Huber Heights, Westerville, Lancaster, Warren, Reynoldsburg, Hilliard, Lima, Marion, Gahanna, Upper Arlington, Brunswick, Stow, North Ridgeville, Mason, Fairborn, Massillon, Westlake, Bowling Green, North Olmsted, North Royalton, Kent, Austintown
Not just Ohio, 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
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