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Commercial Bridge Loans – Interim Lending – Apartment Loans. – commercial loan bridge program $3 Million ( million min. – West Coast ) – No maximum. The Bridge Loan Program is ideally suited for property repositionings, value-added transactions, temporary financing for pre-HUD take-out financing, and 1031’s.
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Tremont Mortgage Trust Provides $28.0 Million Refinancing for Owner of 1711 Caroline Apartments in Houston – tremont mortgage trust (trmt) today announced the closing of a $28.0 million first mortgage bridge loan it provided to refinance 1711 Caroline Apartments, a 220-unit multifamily property located in.
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Eastern Union Arranges $26-Million Bridge Loan for Houston Multi-Family Property – "Eastern Union was able to secure a highly attractive interest rate primarily because of the significant. Founded in 2001, Eastern Union is a leading national commercial mortgage brokerage company.
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Bridge Loan Lenders | Residential Bridge Loan Financing. – bridge loan rates. Bridge loan rates from hard money lenders are higher than traditional loans from banks. Bridge loan rates will vary from lender to lender, but will generally be in the range of 8-10% interest for hard money bridge loans depending on various factors of the specific bridge loan scenario.
Bridge loans are temporary loans, secured by your existing home, that bridge the gap between the sales price of a new home and the homebuyer's new.