Bridge loans for investors working against a deadline.

A bridge loan provides short-term, business-purpose financing while an investor completes a purchase, renovation, sale, or longer-term financing plan. It must be repaid under the agreed terms, often through a sale or refinance. Stabilizing or renting the property may support that exit, but does not itself pay off the debt.

It may be worth reviewing, but the deadline must fit the lender’s process and the condition of the file. Send the contract date, property details, amount needed, available cash, and exit plan early. Underwriting, valuation, title, insurance, and other conditions still affect closing; a quick initial review is not a funding commitment.

Start with the property address and state, price or value, requested amount, target closing date, existing liens or payoff amount, and available capital. Include the renovation or lease-up plan if relevant, plus how and when you intend to repay. Label estimates and identify any approaching contract or maturity deadline.

A DSCR refinance may be possible when the property meets the new lender’s rent, condition, appraisal, seasoning, and borrower requirements. Confirm the expected proceeds against the bridge payoff and transaction costs. The new loan needs its own approval, so assess the exit well before maturity.

Contact the lender early to discuss the actual options under your loan documents. An extension may require approval, fees, updated information, or additional payments; it is not automatic. Compare the payoff date with your work, leasing, and refinance schedules, and consider a backup exit. Use the bridge exit planning guide.

Compare the rate and payment structure, points, lender and broker charges, third-party costs, renovation draw costs, and any minimum interest, prepayment, exit, or extension charges. Model the cost at your intended payoff date and at a later date if the project takes longer. Confirm each charge in the written proposal and loan documents.