Bridge Loan Archives - Commercial Capital Ltd., FL

6 Tips for Closing Your Loan, FAST

Real estate agent shakes hands with a client to sign a home purchase contract congratulating the client on the purchase.

Congratulations! You’re approved! Now what? Whether you’re an investor or a business owner, you are now one step closer to reaching your goals – which can be very exciting! However, this is also a crucial time. With the amount of risk your lender is taking on in issuing the loan, there are bound to be… Continue reading

$1,950,000 – Bridge Loan – Apartment Complex

Memphis, TN This bridge loan on the purchase of an apartment complex did not have the necessary occupancy to get a normal loan, and the client needed to close quickly. The time it took from when the client signed our term sheet to the closing was only a whopping 18 days! NOT business days, actual calendar… Continue reading

$2,000,000 – Bridge Loan – Multifamily Acquisition

Germantown, TN This was a purchase of an apartment complex with an occupancy lower than 85% – and thus could not qualify for conventional financing. However, we were able to get the deal done with a bridge loan source that closes quickly. Once this proven operator restores the building to full occupancy, it will be easy… Continue reading

2019: A Huge Year for Construction & Bridge Loans

For ComCapFL, 2019 was the year of the Construction and Bridge Loan. Most of these mortgages were conventional, non-SBA, non-government loans – which confirms that not only are we able to secure multi-million dollar non-recourse loans, but we’re able to do so with an incredibly fast turnaround. For example: Last week, we closed on a $3.7MM… Continue reading

$3,968,750 – Term/Bridge Loan – Gov. Contractor

Melbourne, FL A fast closing was essential for a 40 year-old, stabilized government contractor. They called their own bank for a CRE cash-out refinance loan on their office property – a pristine piece of CRE collateral with less than $100K left on the original mortgage balance. After 3 months of “lip service” and wasted time,… Continue reading

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402 5th Ave Ste 102
Indialantic, FL 32903

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info@comcapfl.com

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(888) 959-1648

Commercial Capital Ltd., FL is a direct lender and correspondent for 300+ additional funding sources – including banks, credit unions, and private capital – ranked among the nation’s top 40 commercial lenders for loans closed.