Quick Closings for Investment Property Bridge Loans Nationwide

  • Direct Lender – We Are Not Brokers
  • Loan Amounts: $500,000 to $25 Million
  • Urban & Suburban Markets Nationwide (except Nevada)
  • Property Types: Commercial, Industrial, Multifamily, Retail, Hotels, Office
    • Will consider high-end residential investment properties
  • No Owner-Occupied Homes
  • No Vacant Land
  • No Ground-Up Construction
  • Brokers Protected
Property Geographic Area Details
Nationwide in urban/suburban markets with population of 50,000+ (excluding Nevada)
Loan Amounts
$500,000 to $25,000,000
Interest Rates
8.99% to 9.99%
Loan Terms
0 months to 24 months
Origination Fees
2% to 4%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
  • Commercial Property Ground Lease
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Auto Dealership
  • Auto Repair
  • Bed and Breakfast
  • Cannabis Dispensary
  • Car Wash
  • Casino
  • Child Day Care
  • Cinema
  • Club
  • Commercial Condominium
  • Community Center
  • Condominium
  • Cooperative
  • Equestrian
  • Event Center
  • Gas Station
  • Golf Course
  • Gym
  • Healthcare
  • Hospital
  • Hostel
  • Hotel
  • Industrial
  • Manufactured Home
  • Marina
  • Mixed-Use
  • Mobile Home
  • Mobile Home Park
  • Motel
  • Multifamily
  • Night Club
  • Office
  • Parking Lot
  • Place of Worship
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • RV Park
  • Ranch
  • Recreational
  • Rehabilitation Facility
  • Religious Facility
  • Retail
  • School
  • Senior Housing
  • Single Family Residence
  • Sports Facility
  • Storage Facility
  • Student Housing
  • Theater
  • Vehicle Parking
  • Winery

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Rehab and Rent

Specialty Loan Types

  • Bankruptcy Resolution
  • Debtor in Possession
  • Discounted Note Payoff
  • Foreclosure Bailout
  • Note Purchase
  • Partner Buyout
  • Residential Long-Term Rental

Max Loan-to-Purchase Price

70%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Seller Financing
  • Crowdfunding
  • Family

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

70%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

15

Maximum After Repair Value

70.00%

Fees which are mandatory for all new borrower clients

  • Deposit
  • Legal Fee
  • Appraisal Fee
  • Title Fee
  • Credit Report Fee
  • Background Check Fee
  • Environmental Report Fee
  • Renovation or Construction Funds Draw Fee

Fees which are paid to a third party company

  • Legal Fee
  • Settlement Fee
  • Escrow Fee
  • Title Fee

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

14

Payment Structure
  • Interest Only
  • Amortized
  • Interest Reserve
Pre Payment Penalty

no

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Non-Profit Corporation
  • Self-Directed IRA
Documentation Required
  • Credit Report
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Negotiable for loan amounts over $5MM
Credit Check Required

yes

Minimum Credit Score Required

650

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Additional Details

Loans secured by property in California will be brokered by Avatar Specialty Finance, Inc., CA DRE Broker License 02077503.

Get In Touch

Avatar Financial Group pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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Avatar Financial Group is a quick response commercial hard money lender. Founded in 2003, we provide real estate loans that don’t meet bank standards, and offer solutions for borrowers who don’t have time to wait. While the current market has created a lack of credit availability for real estate investors and small business owners, we are positioned to meet the market needs and expand our portfolio without the regulatory constraints that large banks and institutional lenders are now facing. Our average closing time is 2-3 weeks from receipt of a completed application.

Experience, dedication and integrity guide us in serving our clients
Avatar has earned a reputation for our honest, straightforward approach, and our staff is dedicated to providing smooth, successful transactions for our valued borrowers and brokers.

Loans secured by property in California will be brokered by Avatar Specialty Finance, Inc., CA DRE Broker License 02077503.

Company Size (Number of Employees)

10

Year Established

2003

Office Locations

Avartar Financial Group
1200 Westlake Ave N STE 1006, Seattle, Washington 98109

Primary Capital Source
  • Debt Fund We Manage
Alternative Capital Sources
  • Debt Fund We Manage
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

90%

Our Team

Dave Siegrfried

Director of Origination

Jerry Zevenbergen

CEO

TR Hazelrigg

President

Funded Deals

Get In Touch

Avatar Financial Group pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$500,000

What We Do

  • Lending in all US states except Nevada
  • LTV up to 70%
  • 30% Cash Payment Required for Acquisitions
  • Purchase, Refinance, Value-Add
  • Will Consider Luxury Residential Property

Not Available

  • NO Land Loans
  • NO Ground-Up Construction
  • NO 100% Financing
  • NO Junior Liens

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Send an email to Avatar Financial Group