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Short-Term Financing
Bridge Loans
Truly's Bridge Loan program is designed to provide business-purpose lending to professional and emerging real estate investors for acquiring or refinancing properties intended for rent, resale, or stabilization.
12-month terms
No prepayment penalty
Up To 80% LTV
Quick closing
620 Min. Score To Qualify
Cash out for reserves
Program Highlights
Loan Amounts$100K - $5M
Loan Term12 Months
Interest TypeFixed, Interest Only
Property TypesSFR, Condo, Townhomes, 2-4, 5-9
Program Details
Bridge Loan Overview
Strategic short-term financing for acquisition, stabilization, and refinancing needs.
Loan Terms & Requirements
Loan TypeBusiness Purpose RTL (Non-Owner Occupied)
Eligible Collateral1-4 Units, SFR/PUD, Condo, NW Condo, Townhome, 5-8 Units, Raw/Entitled Land (exceptions: > 2 acres; Mixed-use; Modular)
Lien Position1st position lien secured by a mortgage, deed of trust, or other security instrument
Loan Term12 months
Loan PurposeAcquisition & Entitlement, Recap & Stabilization Loan, Purchase, Delayed Purchase, Rate/Term Refinance, Cash-Out Refinance
Ineligible StatesNV, ND, SD, VT (AK & HI considered on an exception basis)
Interest ChargedFixed rate, Interest Only
Reserve Requirement6 months of interest only payments (cash out may be used for reserves)
Liquidity RequirementCash to close (equity + closing costs)
Cost BasisSeasoned Refinance: As-Is Appraised Value | Unseasoned Refinance: Lesser of (Purchase Price or As-Is Value)
Prepayment PenaltyNot Applicable
Property Type Requirements
| 1-4 Unit Properties | 5-8 Unit Properties | |
|---|---|---|
| Minimum Loan Amount | $100K | $500K |
| Maximum Loan Amount | $5M | $2M (Tier 3 & 4 Ineligible) |
| Appraisal Requirement | Full Appraisal (URAR, 1025, 1073) CDA may be required | Commercial Narrative CDA may be required |
Ready to Get Started?
Connect with one of our bridge loan specialists today for short-term financing solutions.
Frequently Asked Questions
A bridge loan provides short-term financing for real estate investors who need capital before permanent financing is available.
Bridge loans can help real estate investors purchase properties quickly when traditional financing takes too long.
Bridge loan financing can help investors close on investment properties while arranging long-term financing.
Bridge loans are short-term real estate loans commonly used to finance properties during a transitional period.
A bridge loan can provide fast access to capital for investors purchasing residential or commercial real estate.
Real estate investors often use bridge loans when a property does not yet qualify for conventional financing.
Bridge financing can help investors acquire a property before refinancing into a longer-term mortgage.
Investment property bridge loans provide short-term capital for acquisitions, renovations, and property repositioning.
Bridge loan lenders evaluate the property, loan-to-value ratio, borrower strength, and planned exit strategy when reviewing financing.
A commercial real estate bridge loan can finance properties that are being renovated, stabilized, leased, or repositioned.
Residential bridge loans can provide temporary financing for real estate investors purchasing investment properties.
Bridge loans give real estate investors another financing option when speed is important to completing a transaction.
Short-term bridge loans can help investors take advantage of real estate opportunities that may not wait for traditional bank financing.
A bridge loan can finance a real estate acquisition until the borrower sells the property or obtains permanent financing.
Bridge loan financing is often used when an investor needs to close on a property within a limited timeframe.
Real estate bridge financing can provide the capital needed to purchase and improve an investment property.
Bridge loans can help investors finance properties that require repairs or improvements before qualifying for long-term financing.
A bridge mortgage is typically designed as temporary financing rather than a traditional long-term mortgage.
Bridge financing can fill the gap between acquiring a property and securing permanent real estate financing.
Bridge loan rates can vary based on the property, loan amount, loan-to-value ratio, borrower profile, and loan structure.
Bridge loan interest rates are generally higher than conventional mortgage rates because bridge financing is designed for short-term use.
Investors should compare bridge loan rates, fees, terms, and exit requirements before selecting a lender.
The cost of a bridge loan may include interest, origination fees, appraisal costs, title costs, and other closing expenses.
Bridge loan terms vary depending on the lender, property type, transaction, and borrower’s financing needs.
Loan-to-value ratio is an important factor when a bridge loan lender evaluates a real estate transaction.
Bridge loan lenders may consider available property equity when determining the amount of financing available.
A strong exit strategy can be an important part of qualifying for a real estate bridge loan.
Common bridge loan exit strategies include selling the property or refinancing into long-term financing.
Investors should understand how they plan to repay a bridge loan before completing the transaction.
A bridge loan for investment property can provide capital to purchase a property before long-term financing is arranged.
Investment property bridge financing can be useful for properties requiring renovation or stabilization.
Real estate investors can use bridge loans to finance acquisitions that require a faster closing timeline.
Bridge loans for real estate investors can provide flexible short-term financing for a variety of investment strategies.
An investor bridge loan may be used to acquire, renovate, reposition, or stabilize a real estate investment.
Bridge financing can help an investor purchase an undervalued property and prepare it for permanent financing.
Real estate bridge loans can provide temporary capital while an investor completes improvements to a property.
Investors may use bridge financing before refinancing an investment property into a DSCR loan.
A bridge loan can provide short-term financing while an investment property is being prepared for rental income.
Bridge loans can support real estate investors during the period between property acquisition and permanent financing.
A bridge loan for rental property can provide temporary financing while the property is renovated or stabilized.
Investors may use a rental property bridge loan before refinancing into longer-term rental property financing.
Bridge financing for rental properties can help investors acquire properties that need improvements before they are fully stabilized.
A bridge loan can help finance an investment property before it generates sufficient rental income for permanent financing.
Rental property investors can use bridge loans to acquire properties requiring repairs, leasing, or repositioning.
Bridge loans can provide short-term financing for single-family rental investment properties.
Multifamily bridge loans can provide temporary financing for apartment properties undergoing renovation or stabilization.
A multifamily bridge loan can help finance an apartment building before the property qualifies for permanent financing.
Bridge financing may be available for residential investment properties depending on the lender and loan program.
Real estate investors can use bridge financing as part of a buy, improve, stabilize, and refinance strategy.
Commercial bridge loans provide short-term financing for commercial real estate acquisitions and transitional properties.
A commercial property bridge loan can help finance a property while improvements or leasing activities are completed.
Commercial real estate investors may use bridge loans when permanent financing is not immediately available.
Bridge financing can provide temporary capital for commercial properties undergoing repositioning or stabilization.
Commercial bridge loan lenders may evaluate property value, cash flow, borrower experience, and the proposed exit strategy.
A commercial real estate bridge loan can provide financing between property acquisition and permanent financing.
Bridge loans can help investors purchase commercial real estate when a transaction requires a fast closing.
Commercial bridge financing can be used for properties that require improvements before qualifying for traditional financing.
Investors can use commercial bridge loans to finance time-sensitive real estate opportunities.
Bridge loans can provide commercial property investors with short-term capital while executing a longer-term business plan.
A bridge loan for a fix-and-flip property can provide financing for the acquisition and improvement phase of an investment.
Real estate investors may use bridge loans to purchase properties that require renovation before resale.
Bridge financing can help investors acquire distressed or value-add real estate opportunities.
A short-term bridge loan can provide capital while an investor renovates and prepares a property for sale.
Bridge loans may be useful for investors purchasing properties that traditional lenders consider transitional.
Fix-and-flip investors can use short-term real estate financing to acquire and improve investment properties.
Bridge financing can help investors move quickly when purchasing properties that require substantial improvements.
A bridge loan can provide temporary financing until a renovated property is sold or refinanced.
Value-add real estate investors may use bridge loans to finance properties with opportunities for improvement.
Bridge loans can support property renovation strategies when permanent financing is expected after improvements are completed.
Fast bridge loan financing can be valuable when a real estate purchase has a short closing deadline.
Bridge loan lenders may offer faster underwriting and closing than traditional financing depending on the transaction.
A bridge loan can help investors compete for real estate opportunities where the seller requires a quick closing.
Short-term real estate financing gives investors another option when traditional bank financing cannot meet the transaction timeline.
Bridge financing is designed to address temporary funding needs associated with real estate transactions.
Investors searching for fast real estate financing may consider bridge loans for qualifying investment properties.
A bridge lender can provide temporary financing while an investor works toward a permanent loan.
Bridge loans can help prevent financing timelines from delaying a time-sensitive real estate acquisition.
Fast bridge financing can give investors access to capital for qualifying property acquisitions.
Bridge loan financing can help real estate investors move from acquisition to renovation and ultimately permanent financing.
Bridge loan requirements vary by lender, property type, loan amount, leverage, borrower profile, and exit strategy.
Investors applying for a bridge loan should be prepared to explain how the loan will ultimately be repaid.
Property value and loan-to-value ratio can play an important role in bridge loan underwriting.
Bridge lenders may review borrower liquidity and cash reserves when evaluating a real estate loan.
A clearly defined refinance or property sale strategy can strengthen a bridge loan application.
Bridge loan approval depends on the lender’s underwriting guidelines and the specific characteristics of the transaction.
Real estate investors should review bridge loan terms carefully before accepting short-term financing.
The best bridge loan structure depends on the property, investment strategy, financing timeline, and planned exit.
Investors should consider the total cost of bridge financing rather than comparing interest rates alone.
Understanding bridge loan fees, interest rates, terms, and repayment requirements can help investors evaluate financing options.
Bridge loan refinancing allows investors to replace temporary financing with a longer-term real estate loan.
Investors may refinance a bridge loan after completing renovations and stabilizing an investment property.
A bridge-to-DSCR strategy can allow an investor to acquire and improve a rental property before seeking long-term DSCR financing.
Bridge financing can provide temporary capital while a borrower prepares a property for a permanent mortgage.
Refinancing a bridge loan can be part of an investor’s long-term strategy for holding a rental property.
A real estate investor may use bridge financing for acquisition and then refinance after the property meets long-term lending requirements.
Bridge loans can connect the acquisition stage of a real estate investment with its permanent financing stage.
Short-term bridge financing can give investors time to renovate, lease, stabilize, sell, or refinance a property.
Real estate bridge loans provide a financing option for investors navigating the gap between an immediate capital need and a longer-term solution.
Bridge loans offer real estate investors short-term financing for acquisitions, renovations, repositioning, and other time-sensitive property opportunities.
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