Crosby Capital USA
Miami Beach, Florida
Creative Bridge Loans for Real Estate Investors
Crosby Capital USA is a unique and creative direct lender for short-term bridge loans in Florida and the New York City metro area. Our maximum LTV is a conservative 60%, but can fund loans that most other lenders shy away from.
- Multifamily and Residential Investment Properties
- Luxury Homes & Condos
- 2nd Mortgages up to 60% LTV
- Foreclosure Bailout
- Borrowers in Bankruptcy
- Borrowers with Poor Credit
- Foreign Nationals
Please note: We do NOT consider owner-occupied homes or ground-up construction loans. We offer short-term bridge loans to purchase or refinance an investment property.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Property Types
- 2-4 Units Residential
- Condominium
- Mixed-Use
- Multifamily
- Residential Land
- Retail
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Commercial Bridge
- Commercial Property Value Add
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- Bankruptcy Resolution
- Condo Conversion
- Discounted Note Payoff
- Foreclosure Bailout
- Luxury Homes
- Note Purchase
- Partner Buyout
- Primary Residence Business Purpose Cash Out
- Residential Short-Term Rental
- Reverse 1031 Exchange
- Vacation Rental
Junior Lien Loan Amounts
$200,000 to $5,000,000
Junior Lien Interest Rates
15% to 25%
Junior Lien Loan-to-Value
60%
Junior Lien Loan-to-Cost
60%
Junior Lien Origination Fees
4% to 10%
We Fund Junior Position Loans
Rarely
Junior Lien Types
- Purchase
- Refinance
- Equity Cash Out
Max Loan-to-Purchase Price
60%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
- Family
Deposit Required
Deposit is used to pay for third party expenses to close the loan, and the unused balance is always applied to closing costs. The amount $3,000 to $10,000 depending on the deal size and other factors.
Fees which are mandatory for all new borrower clients
- Deposit
Contact Crosby Capital USA
Stay Informed About Private Lending
Crosby Capital USA is a diversified real estate investment firm which focuses on sourcing and managing real estate and related equity, debt and hybrid investments.
We take a value oriented approach to our investment activities, with an emphasis on opportunities to acquire or capitalize assets or enterprises which are undervalued, overlooked, complex or mispriced.
Office Locations
1688 Meridian Avenue, 6th Floor, Miami Beach, Florida 33139Contact Crosby Capital USA
Stay Informed About Private Lending
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If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.
Our Minimum Loan Amount Is
$200,000
What We Do
- Purchase & Refi Bridge Loans up to 60% LTV
- Residential & Multifamily Properties
- Luxury Homes and Condos
- Hairy Deals That Most Lenders Cannot Fund
Not Available
- NO 100% Financing (or anything above 60%)
- NO Construction or Development Loans
- NO Commercial Property Except Multifamily
- NO Owner-Occupied Homes