Non-Recourse Lender for CRE Bridge Loans
iBorrow is a private commercial bridge lender specializing in quick closings and rehab/repositioning projects. Our extensive background in lending and large balance sheet lets us service borrowers with virtues that are often at odds: speed and stability. We stand by the terms and dates we set with our clients. No broken promises. All loans are non-recourse, so our primary concern with respect to underwriting is the value of the property and/or the sponsor’s business plan.
Please note that we do not offer loans for loans or ground-up construction projects.
Property Geographic Area Details
- Commercial Bridge
- Commercial Property Value Add
Max Loan-to-Purchase Price65%
Borrower Must Have Property Under Contractno
Will Provide Proof of Funds Letterno
Will Consider Lending on Purchase from Auctionyes
Allowed Source of Borrower’s Equity
- Own Cash
- Equity in Subject Property
- Equity in Another Investment Property
Minimum Number of Value-Add Projects Completed by Borrower4
Will Provide Funds for Renovation Costsyes
Max LTC for Renovation Costs65%
Interest Charged for Renovation CostsEntire Amount of Total Project Costs
Typical Number of Days for Funds Draw2
Deposit is an advance against third party expenses and legal. Any unused portion of the deposit is returned to borrower.
Fees which are mandatory for all new borrower clients
Fees which are paid to a third party company
- Appraisal Fee
- Environmental Report Fee
iBorrow provides non-recourse loans on all commercial real estate property types to borrowers who are looking for a fast, flexible, and reliable financing option. We focus on typically focus on transitional assets with a value-add component.
Office Locations12100 Wilshire Boulevard, Suite 520, Los Angeles, California 90025
Vice President of Originations
CA DRE - 01924448
Create a Loan Request
Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.
Contact This Lender
Contact iBorrow by whichever method you choose.
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.