Bridge & Hard Money Loans

JV Commercial Capital understands the need for quick and efficient funding when seeking a bridge or hard money loan. The underwriting team is ready to evaluate your project quickly and aim to close in 10-14 days from acceptance date. The more complete your information is the more efficient we can be to service your needs. Your executive summary (business plan), cost-proformas(construction cost and schedule) rehab estimates along with a strong exit strategy are needed to complete a risk evaluation to price your project. JVCC uses an equity based approach that allows the underwriter to be flexible and also creative. We provide programs for all types of borrowers, properties and situations the Real Estate Investor comes across. JVCC sources interim financing on commercial properties including Multifamily, Office, Retail, Industrial and Hospitality nationwide. We also seek to originate permanent loans if our asset management staff believes that permanent financing scenario will benefit a structured finance customer. JVCC will proactively assist our customers to secure such a loan.

Bridge Loan Programs

• Loan Amount: 500k- no maximum
• Loan Term: 1-5 years (extension options available)
• Minimum DSC: 1.10 “As-Is”
• –1.20 At Exit
• Maximum LTV 90% “As-Is”
• –75-80% At Exit
• Interest Rates: Floating Rate over LIBOR Index (spread varies based on risk and terms)
• Eligible Properties: Multifamily (apartments) Office, Retail, Industrial, Hospitality
• Subordinate Financing: Mezzanine maybe provided by 3rd lender

Hard Money Loans

• Loan Size: $ 100K- 5 million
• Lending Area: Nationwide (certain parts of Canada)
• Lien Position: 1st MTG
• Interest Rates: 9-15% (depending on collateral)
• Loan Term: 12-18 months (extension options available)
• LTV: Up to 75
• Origination and Commitment Fees: 4- 6 points (depending on risk)
• Closing: 14 – 21 days from commitment
• Each Hard Money Loan will be evaluated on property and exit strategy
• Please Call JVCC (954) 559-6144 for an evaluation.