Bridge Loan

Let Veristone be a “bridge” to your next transaction.

When other lenders are too rigid in their pre-qualifications or are moving too slowly for your needs, Veristone can step in to fill the gap. Put our speed, responsive service and simple bridge loan products to work for you.

Bridge Loan Questions?
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Convenient and fast, a bridge loan from Veristone can keep you from missing out on an opportunity when a traditional loan can’t be processed in a timely fashion. If you need to sell a property faster than the market will bear or need to buy out a partner quickly, a Veristone bridge loan is the right solution for you.

If you have a viable exit strategy that is short-term—within 12 months of the funding of the loan—Veristone’s standard bridge loan is an excellent loan product to consider. This loan must be securitized in first lien position on either residential, multi-family, or commercial real estate; we do not extend bridge loans for land purchases. Your bridge loan can be used for (1) purchase transactions, (2) refinance transactions or (3) cash out transactions.

LOAN REQUIREMENTS

  • For Individuals and Business Entities
  • 1st Lien Position
  • Maximum LTV 75%
  • Viable Exit Strategy in Place
  • Personal Guaranty

STANDARD LOAN TERMS

  • 12% Interest Rate (Interest Only Payments)
  • $695.00 Processing Fee
  • Up to 12 months

BRIDGE LOAN QUESTIONS?

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Start your bridge loan request today.

Our streamlined process moves borrowers from loan request to funding in a matter of days.

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