Good things take time, especially when it comes to investing.
Use our El Paso Bridge Loan option to give yourself the gift of time to add extra value to your existing property or potential new ventures.

All About Our El Paso Bridge Loans

  • As-is appraisal only, no ARV
  • No-fee alternative valuation option now available (for eligible properties[4])
  • Self-funded cosmetic rehab allowed (up to 25%)
  • Up to 80% LTV for purchases, up to 75% LTV for refis
  • Optional interest reserves
  • First-time buyers welcome[11]
  • 12 to 18-month loan terms available
  • Individual property loan amounts from $50K to $3MM[12]
  • Minimum 620 FICO

Bridge Loans

LOAN PURPOSE
  • Cosmetic work
  • Property must be 100% complete and marketable
  • Requires exposure limit approval
  • Purchase and refinance options
INTEREST RATE[1] Rates as low as 5.49%
LOAN AMOUNT $50K-$3MM[12]
LOAN TERM 12 to 18-month options available
BORROWER TYPE Individual or group
EXPEREINCE First-time buyers welcome
REFINANCE MAXIMUM LEVERAGE LOAN –TO-VALUE[4]
AND LOAN-TO-COST[5]
Up to 75%
PURCHASE MAXIMUM LEVERAGE Up to 80%
COST BASIS Purchases and refinances owned more than 180 days
REHAB ALLOWANCE Up to 25% (cosmetic only)
PROPERTY TYPE
  • Single family homes
  • Multi-unit properties, 2 to 4 units
  • Multi-unit properties, 5 to 20 units
  • Mixed-use properties
  • Condos

How a El Paso, Texas Bridge Loan
Can Work for You

  • If you need a short-term, temporary option, this is your solution.
  • Leverage the current market trends and your existing assets at the same time.
  • We will thoughtfully advise and lead you through the entire process, answering all the questions you have along the way.

El Paso,
Bridge Loan Data

City, State El Paso, Texas
Population 681,728
Map Coordinates 31.84°N 106.42°W
Median Home Price $133,600
Housing Units Owner Occupied 128,376
Housing Units Renter Occupied 94,700
Hard Money Loan Volume $469,983,283.20
Rental Property Loan Volume $578,079,438.34
Bridge Loan Volume $164,494,149.12
Fix & Flip Loan Volume $357,187,295.23

About Our El Paso,
Bridge Loans

ABOUT OUR BRIDGE LOANS

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