Alabama Bridge Lenders for Residential Properties
Are you seeking a bridge loan secured by residential property in Alabama? On this page you'll find a list of select bridge lenders for Alabama investment properties with 1 to 4 units. To get a 1st lien bridge loan, you must have at least 30% equity. Due to state laws and regulations, it's not possible to get a bridge loan for a homestead (owner-occupied primary residence) or 2nd home. Change the loan type to 'Residential Owner-Occupied' to find some alternative lending options.Searching...
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RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
Pimlico Capital
Direct Lender for Real Estate Investors | Established in 2016
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
Coastal Equity Group
Direct Private Lender for Real Estate Investors in the Southeast
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
RBI Private Lending
Direct lender, specialized in Bridge, Fix and Flip and Construction. FN and new investors welcome.
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Alabama Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for Alabama bridge loans in the 1st quarter of 2024 was 11.43%. The average loan amount was $203,475. These stats are the average of 38 short-term loans (including rehab and ground-up construction loans) funded for properties in Alabama between January 1, 2024 and March 31, 2024 by multiple bridge lenders that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for bridge loans secured by residential investment properties in Alabama in the 1st quarter of 2024 was 11.00%. Lenders charged an average of 2.5% points (origination fee). The average LTV (loan-to-value) for bridge loans in Alabama was 63%, and the average loan amount was $256,820. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Alabama Bridge Loan Lenders
According to Forecasa™, here are the Top 10 Bridge Lenders ranked by the number of bridge loans originated in Alabama in the last 12 months from March 2024.
- RCN Capital LLC
- Mobile Capital Company LLC
- Kiavi
- LendingOne
- Robertson Banking Company
- Lima One Capital LLC
- Rei Funding Partners LLC
- Longhorn Investments
- Upright
- JL Lane Lending LLC
Forecasa™ provides analytics data for Alabama bridge loans on a quarterly basis. You’ll find their top lenders data for many other states on our platform.