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Disclaimer: All Loan programs, rates and terms can change without notice and are subject to credit and underwriting approval. Loan charts highlight min/max constraints, assumptions & random scenarios only. We will always work hard to approve your loan but there are no guarantees of any kind expressed or implied that your loan we be approved. © 2007 - 2020 1st Florida Lending Corp. - All rights reserved I Privacy Policy I Terms of Use I
Carlos Matos I Florida Direct Lenders
Its Easy! Fast! and theres No Obligations
Non-bank bridge lender
5-100 Units
$500k-$10MM Loan Amount
Max 75% LTV / LTC
Quick closings 5-20 days
Risk adjusted fixed rate pricing
Proforma underwriting
PROPERTY TYPES LOAN - Multifamily 5-100+ units LOAN AMOUNT - $500K to $10MM AMORTIZATION - Fixed rate, interest only LTC/LTV - Up to 80% Loan to Cost and maximum 75% Loan to Value of stabilized value SPONSOR/BORROWER - Creditworthy individual(s) or entity acceptable to lender with sufficient liquidity and net worth THIRD PARTY DEPOSIT - If applicable: Third Party Deposit Fee to cover actual third party report costs (appraisal, PCA, environmental, seismic and site visit) PROCESSING FEE - $1,500 paid at closing RESERVES Extensive Rehab Loans/No Rehab Advance: 6 months interest + 100% of rehab budget Extensive Rehab Loans/Rehab Advance: 6 months interest + 20% of rehab budget No Rehab Component: 4 months interest ASSUMABLE - No BORROWING ENTITY - LLC, Corporation, Trust (SPE may be required at lenders discretion) RECOURSE - Non-recourse, with the exception of industry standard carve outs PREPAYMENT - 1yr loans: no minimum interest | 2yr loans: 8 months minimum interest | 3yr loans: 12 months minimum interest LOAN TERM - 1, 2 and 3 year loans
General Guidelines for a 1 year Bridge Loan Hard Money Bridge Loans are great for investor Fix and Flips, Rental Property, Replacing Loan Denials or if you need quick cash There are no income or employment verification needed to qualify. Only an appraisal and source of funds to close with some reserves. This program does not require a credit score. Closing ranges between 10 to 14 business days

Best Bridge Loans Rates in the Nation

RATES AND FEES LOAN FEATURES LOAN HIGHLIGHTS Interest only with pre-payment penalty  Residential 1-4 units, multi-family and condos Approved Appraisal Transfers - OK  No Previous Fix & Flip Experience - OK  No Junk Fees tacked on to closing costs  Instant Loan Pre-Approval Letter
Interest Rates
From the 8’s %
Origination Fees
From 2 points
BPO Appraisal Fee
From $320.00
Loan Processing Fee
$1,200 Flat rate
Minimum Net Loan Amount
$ 150,000
Maximum Loan Amount
$ 3 Million
Loan To Value
80% Maximum
Rehab Financing
Minimum Credit Score
No Minimum
Pre-Payment Penalty

Florida’s Top Rated Mortgage Lender I We are Not Brokers

1st Florida Lending

48 Programs I No RETAIL Brokers Fees I GET QUOTE

800-655-1345 I ALL LOAN INQUIRIES CALL 407-300-2558

Why Choose Us for your Bridge Loans?

Fast Approvals Streamlined Underwriting Approval in 24 Hours Close in as little as 7 days
Easy Process No Income Verification No Tax Returns Needed No or Min Credit Required
Reliable Partner 25+ Years of Experience Direct Private Lender
Carlos Matos  CEO &FOUNDER

1st Florida Lending Corp., a registered Mortgage Lender Orlando servicing all of Florida offering over 48 loans

programs including Conventional Loans, Non-Conforming Loans, FHA Loans, VA Loans, USDA Loan, Self-Employed Loans, Bank

Statement Loans, No-Doc Loans, Reverse Mortgage Loans, ITIN Loans, Rental Investment Loans, to name a few and specializing in

Bank Statement Loans or “stated loans” requiring no Tax Return verification and much more. * No broker or lender fees are for FHA,VA,

USDA and Conventional loan types Main Office: 2151 Consulate Dr. * Suite 8 * Orlando, FL., 32837 * Telephone (800) 655-1345 *

(407) 300-2558 * Fax (877) 401-9955We are approved lenders for all Government Loans and registered with the Florida Office of

Financial Regulation - # MLD106When Banks Say No ! We Say YES ! ® is a registered trademark owned by 1st Florida Lending Corp.