ICS offers bridge financing directly on a national level ranging from $100k to $50MM through our Life Company Capital Fund. ICS Bridge Loans are fixed for 1 to 3-years with interest only amortization. Loan is due at the end of the 1 to 3-year loan term. No prepayment penalty. Eligible properties include multifamily 5+ units, 1-4 unit residential, office, retail, industrial, manufactured housing, self-storage, hotels, marinas, and healthcare. ICS Bridge Loans are short-term interim loans designed for properties needing stabilization, lease-up, and/or rehab prior to securing long-term financing or disposition.
Starting at 5.99%
1 to 3-Year Fixed Interest Only Bridge Loan
Max LTV: 65% to 75% | Min Credit: N/A
$5MM+ Starting at 5.99%
$100K to $5MM 6.5% to 9%
Rates are adjusted based on LTV.
Non-Conforming Bridge Loans are for borrowers intending to hold the property for 1 to 3-years before selling or refinancing. Income producing properties have more flexible DSCR requirements than FLEX and Conforming loans.
Recourse and Non-Recourse options available.
No prepayment penalty in most cases.
$100k to $50MM+
Less than 30 days. Many Bridge Loans can be closed in 7 to 21-days.
A strong schedule of real estate owned is important but not required.
LOAN TERMS & AMORTIZATION
All Property Types: 1 to 3-year terms, interest only.
CREDIT SCORE REQUIREMENTS
No minimum credit score requirement
OPERATING INCOME - SEASONING
- FULL or LITE-DOC UNDERWRITING
- Rent Roll (if applicable)
- P&L / Last 12 to 24-months (if applicable)
- Borrower 1003 or Personal Financial Statement
- Schedule Real Estate Owned
- Bank Statement(s) Verifying Down Payment/Reserves
- Minimum 3 Quality Property Photos
- No tax return options