Commercial Bridge Loans

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Commercial Bridge Loans

This program is designed to access the equity in your current commercial property you intend to sell to purchase a new property. 

General Guidelines*

  • Loan Amounts from $95,000 to $4,000,000
  • Loan to value up to 75% of appraised value
  • Allows you to close quickly to buy property on your schedule
  • Deal directly with the Loan Officer/Underwriter and Senior Credit Officer
  • Fast pre-qualification, typically within 3 – 5 business days, closing typically within 30 days (fast track closings in 14 +/- days available if certain criteria is met)
  • Loans are available to Borrowers with excellent to less than perfect credit (subject to underwriting)
  • Eligible properties include: Multi-family (4 or more units), Retail, Office Building, Industrial and Warehouse
  • Both – Full income documentation or limited income documentation available
  • 12 month term – No pre-payment penalty
  • Interest only payments
  • Foreign Nationals are eligible for this program
  • Appraisal may be waived for closing subject to property, loan to value and financial’s
    *All rates and terms subject to change without notice

Rates and Fees
(Based on credit score, income, savings and LTV)

  • Rates:  Prime Rate plus 2.25% to 4.25%+
  • Loan Fee: 1.00% to 2.00% 
  • Application Fee: $650
  • Fast Track Closing Fee: $1,250
  • Underwriting Fee: $450
    **Loans over $2,000,000 rates start at 7.95%

Loans available for: AK, AL, AR, CO, GA, HI, ID, IN, KS, KY, ME, MS, MO, MT, NC, NE, NM, OH, OK, SC, TN, TX, UT, WV, WY

Draw Request Submitted

Thank you for requesting a draw.  You will receive an email or call confirming your draw request has been received within 1 business day.  If you do not receive confirmation, please contact our office at 800-390-7536.  Please notify us of any changes you wish to make to your request.  

Normandy Corporation

Thank you for scheduling your payment.  You should receive an email confirmation of payment within 1 business day.  If you do not receive a confirmation email within 1 business day, please call our office to confirm at 800-390-7536.