Bridge Loans
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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

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 Properties5-8 Unit Properties
Minimum Loan Amount$100K$500K
Maximum Loan Amount$5M$2M (Tier 3 & 4 Ineligible)
Appraisal RequirementFull Appraisal (URAR, 1025, 1073) CDA may be requiredCommercial Narrative CDA may be required

Ready to Get Started?

Connect with one of our bridge loan specialists today for short-term financing solutions.

Guiding Our Vision

Experienced leaders driving excellence in real estate investment lending.

Your Lending Partners

Working with real estate investors and mortgage brokers nationwide, our lending professionals help structure financing and guide each deal from the first conversation through closing.