the right bridge loans.
You’ve found the right property. Now choose the lender with the right approach to lending.
iBorrow serves brokers and buyers nationwide with commercial real estate loans that are creative, flexible, reliable, and close in 2 – 4 weeks as compared to traditional banks 90 day average. With bridge loans of $3 million to more than $100 million, a simple application process, and deep, flexible capital, iBorrow takes you further, faster.
iBorrow Bridge Loan Program
Loan Amount: $3 million – $100+ million
Purpose: Acquisiton, Refinance, Recapitlization
Closing: 2 – 4 weeks
Loan Term: 6 – 48 months
Rate: ~6.0%+ (fixed or floating)
Amortization: Interest only
LTV/LTC: Up to 75%
Collateral: First Trust Deed
Property type: All commercial property types except raw land
Personal guarantee: Non-Recourse subject to bad-boy carveouts
Elgible Markets: Nationwide
Prepayment: Open to prepayment subject to yield maintenance
Service: Serviced in-house for the life of the loan by iBorrow; No hidden service fees or 3rd parties
The iBorrow advantage
in Total Loan Funding
We begin with an in-person meeting or deep dive call to learn about the opportunity in depth.
Letter of Intent
After conferring with the borrower and/or broker, we will issue a pre-approved LOI with terms that make sense for the borrower.
We then thoroughly analyze and research the property, including an on-site tour.
iBorrow provides a simple closing checklist with everything needed prior to closing.
We fund value-add properties with a viable business plan, from light to heavy lift, even if there is no cash flow. Bottom line: we’re the lender that celebrates your grand opening or remodel with you, not one that turns you away without listening to your business plan.
After a loan is funded, we remain a continual resource for our clients, helping borrowers and brokers to repeatedly make decisions that advance their long-term goals.