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Having access to the right type of financing for your unique situation or loan request is critical, and MortgageDepot strives to carry a full line of financing options for traditional needs as well as for unusual or unique needs. While many will qualify for traditional loans through MortgageDepot traditional financing is not always the right solution. We also offer bridge and hard money loans for investor and non-investor properties alike, and we want to help you learn more about the financing solutions we offer to our valued customers.

Bridge and hard money mortgages are designed to be short-term financing solutions, and they provide you with funds that are useful for repositioning the property in an attractive, profitable way. Our bridge and hard money financing are available for a wide range of property types, and this includes:

  • Multifamily and condo units
  • Retail
  • Student housing
  • Senior housing
  • Office and medical office
  • Warehouse and light industrial
  • Mixed use
  • Flagged hotels and motels

Some of the loan terms available for the bridge and hard money financing include:

  • Up to 80 percent loan-to-value
  • 8 to 14 percent interest rate
  • Interest only
  • Flexible recourse
  • No exit fee
  • Extensions available with up to one point fee

Financing is rarely simple to find when you have a unique situation in front of you. You may simply need to find capital that can be used while you reposition the property through renovations, releasing the units and more, and our bridge or hard money mortgages may be exactly what you have been looking for. Through our financing, you can obtain the capital you need, and you can learn more about this program when you contact MortgageDepot for a pre qualification.

Contact us today for a FREE consultation at (800) 535-0270 or email us here.

 

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