Stabilized Bridge Loans
We Fund, You Grow Assets and Your Community Prospers
Simple and no-nonsense stabilized bridge loans
Stabilized Bridge Loans
Chambliss Mortgage Capital's new Stabilized Bridge loans provide you with more flexibility for your investment properties. As the market changes, so do we! CMC continues to adapt to the ever-changing rental market. With our newly developed bridge financing options on properties nationwide, our team will find the best option to reach your investment goals.
Flexible short term loans for stabilized properties. Fast Financing For a Fast-Paced Market
Key Features:
- No prepayment penalty; payoff the loan at anytime
- Close 7-10 days faster than traditional lenders
- One of the quickest draw process in the industry
- An interest-only term provides lower monthly payments
- A higher LTV than hard money lenders
- Financing for purchase and allows borrowers to finance improvements (construction funds are escrowed)
Light Documentation
Our loan process allows real estate investors to avoid the intrusive document-gathering and mountains of endless paperwork typically found with other lending institutions. We do not require income verification, tax returns, months or years of bank statements, or many of the other typical requests from other lenders. We have a quick and straightforward condition list that can be completed fast – allowing our investors to focus on their properties rather than the hassle of tracking down and providing infinite documents and files.
FAQs
We can refinance properties at any time, but the loan is structured based on the as-is value only after 12 months after the property was purchased.
Yes, vacant properties that are rent ready are eligible within this program. The in-place DSCR calculation will be based on the market rent.