Bridge Loans

 

Program:
Multifamily Properties

 

Source of Funds:
Relationship Partners Inc.

 

Eligibility:
For projects that qualify for HUD 223(f) and 232 Programs.

 
       

Requirements:

Bridge loans are only available for projects that qualify for takeout, utilizing a Centennial HUD loan.

 

Features:
This is typically a recourse loan, assume no personal liability. They are short-term up to 24 months, they are interest only loans, with floating interest rates. Bridge loans are underwritten so that the applicable HUD program will provide satisfactory take out.

 
 

Current HUD Programs