©2018 by Pimlico Group.

Convenient and fast, a bridge loan from Pimlico can keep you from missing out on an opportunity when a traditional loan can’t be processed in a timely fashion. If you need to sell a property faster than the market will bear or need to buy out a partner quickly, a Pimlico bridge loan is the right solution for you.

If you have a viable exit strategy that is short-term—within 12 months of the funding of the loan—Pimlico’s standard bridge loan is an excellent loan product to consider. This loan must be securitized in first lien position on either residential, multi-family, commercial real estate or land. Your bridge loan can be used for (1) purchase transactions, (2) refinance transactions or (3) cash out transactions.

Loan Requirements

  • For Individuals and Business Entities

  • Maximum LTV 70% (50% for raw land)

  • Viable exit strategy in place

  • Personal Guaranty

Standard Loan Terms

  • 10-12% Interest Rate (Interest Only Payments)

  • 2-4 Origination Points

  • $0 Processing Fee

  • 12 Months (Extensions Available)

Bridge Loan