Loanrise arranges Bridge loans, considered as a short term loan that is used in order to meet your current financial need. This bridge loan is taken until you are able to get a permanent financing alternative. As the name suggest, it bridges the gap between times when financing is needed. It is also known as "interim financing".
A short term loan normally last up to one year. One advantage is that a bridge loan can be arranged quickly with less documentation formalities.
Our bridge loans are often used by developers to carry a project during the process of getting necessary state, city or county approval for the project.
Contact us today for Bridge Loan mortgage quote.