Tacoma Bridge Loans

Financial ventures in Tacoma's marketplace often require a level of speed and precision that the traditional route simply cannot achieve. When you need funds for an important transaction and you need them quickly, a bridge loan is a great option for meeting that challenge.

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 Tacoma 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 Tacoma bridge loan can be used for (1) purchase transactions, (2) refinance transactions or (3) cash out transactions.

Financial ventures can be tricky, time-sensitive, and stressful. With a Veristone bridge loan, these hurdles can be overcome so that you can achieve your business goals quickly and easily.

Our Location

Tacoma Location
747 MARKET ST
Tacoma, WA 98402
888-235-9237

FAQ

On what types of transactions can a bridge loan be used?

Investors can use the bridge loan for: 1) Purchases, 2) Refinances, and 3) Cash-out Refinances.

What type of collateral is required to obtain a bridge loan? Is this loan a brokered loan? What is the bridge loan duration? Does Veristone order appraisals? What is the maximum loan-to-value (LTV)? What is the minimum FICO/credit score for the bridge loan? Can an Interest Reserve Account be built into the loan? Does the bridge loan contain a prepayment penalty?

Your hard money loan can be used for:

purchase transactions
refinance transactions
cash out transactions

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Loan Programs:

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. Your bridge loan can be used for (1) purchase transactions, (2) refinance transactions or (3) cash out transactions.
With our Fix & Flip loan, you’ll not only receive acquisition funds, you’ll also have access to a construction holdback account for the approved construction budget. This loan, specifically designed for Tacoma rehabbers, gives you an "all in one" loan program to help you acquire, rehab, and quickly sell a property.
We specifically designed the construction loan to be convenient for Tacoma investors, builders, and developers. Great terms, simple application process, and quick approvals. With our speedy approvals you can finalize plans, specs, and budgets—and start building sooner.
Our commercial loans are designed to help Tacoma investors move quickly on the purchase, refinance, and/or rehab of commercial, multi-family, or other investment properties. Every day, we fund deals of up to $20MM across the Western United States.

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