Miami Bridge Lenders for Residential Investment Property
Are you seeking a bridge loan secured by residential property in the Miami metro area? On this page you'll find a list of select bridge lenders for Miami 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, but if that's what you're seeking, use the filters to change the loan type to 'Residential Owner-Occupied' and you may find some alternative lending options.Searching...
Sorry, your search returned no results.
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
RBI Private Lending
Direct lender, specialized in Bridge, Fix and Flip and Construction. FN and new investors welcome.
Soviero Capital LLC
Asset-Based Hard Money Lender for All Types of Improved Real Estate (up to 65% LTV)
Equity Lending Solutions LLC
Reliable Capital for Fix & Flip and Ground Up Construction Loans / Direct Private Lender
Florida Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for Florida bridge loans in the 3rd quarter of 2024 was 11.10%. The average loan amount was $493,209. These stats are the average of 838 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Florida between July 1, 2024 and September 30, 2024 by multiple bridge lenders that use Lightning Docs as their preferred software provider to prepare loan documents.
Here is a breakdown of average interest rates in Florida’s metropolitan areas:
Southeast Florida
The average interest rate for bridge loans funded in the Southeast Region of Florida (Miami & Fort Lauderdale metro area) in the 2nd quarter of 2024 was 11.22%. The average loan amount was $583,239. Of the 244 total loans in the 3-month period, 122 were secured by properties in Miami-Dade County, 69 in Broward County, and 53 in Palm Beach County.
Southwest Florida
The average interest rate for bridge loans funded in the Southwest Region of Florida (Fort Myers, Cape Coral) in the 2nd quarter of 2024 was 11.06%. The average loan amount was $400,088. The averages are derived from 81 loans secured by properties in Lee County.
Central West Florida
The average interest rate for bridge loans funded in the Central West Region of Florida (Tampa Bay) in the 2nd quarter of 2024 was 11.23%. The average loan amount was $352,547. Of the 236 total loans in the 3-month period, 92 were secured by properties in Hillsborough County, 72 in Pinellas County, 21 in Charlotte County, 19 in Sarasota County, 18 in Pasco County, and 14 in Citrus County.
Central Florida
The average interest rate for bridge loans funded in the Central Region of Florida (Orlando) in the 2nd quarter of 2024 was 11.43%. The average loan amount was $281,400. Of the 114 total loans in the 3-month period, 46 were secured by properties in Orange County, 39 in Polk County, 16 in Lake Beach County, and 13 in Seminole County.
Central East Florida
The average interest rate for bridge loans funded in the Central East Region of Florida (Space Coast) in the 2nd quarter of 2024 was 11.44%. The average loan amount was $222,398. Of the 57 total loans in the 3-month period, 33 were secured by properties in Brevard County, 13 in St. Lucie County, and 11 in Volusia County.
Northeast Florida
The average interest rate for bridge loans funded in the North Region of Florida (Jacksonville) in the 2nd quarter of 2024 was 11.36%. The average loan amount was $358,041. Of the 79 total loans in the 3-month period, 47 were secured by properties in Duval County, 25 in Marion County, and 7 in St. Johns County.
Northwest Florida
The average interest rate for bridge loans funded in the Northwest Region of Florida (Panhandle) in the 2nd quarter of 2024 was 11.54%. The average loan amount was $219,824. Of the 24 total loans in the 3-month period, 13 were secured by properties in Escambia County, 7 in Bay County, and 4 in Leon County.
According to private lending data provider, Analytics Logics, the average interest rate for bridge loans secured by residential investment properties in Florida in the 3rd quarter of 2024 was 11.27%. Lenders charged an average of 2.3% points (origination fee). The average LTV (loan-to-value) for bridge loans in Florida was 64%, and the average loan amount was $361,290. These stats are the average of all the loans which were funded between July 1, 2024 and September 30, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
5 Local Florida Bridge Loan Lenders
Here are the bridge lending firms on our platform that are “local” lenders, based in Florida…
- Soviero Capital | Jupiter, FL
Soviero Capital is a small family lending company that offers bridge loans up to 3 years for many types of investment properties in Florida. They can be creative with deals, so long as the loan-to-value is no more than 65% and the loan amount is under $2.5MM. They are more of an asset-based lender and not too concerned about borrowers’ credit scores. - Capital Funding Financial | Boca Raton, FL
Capital Funding is a family office lending firm that can fund bridge loans which most other lenders cannot. Although they lend nationally, for deals in their home state of Florida, they can fund really fast and be more creative. Appraisals are not required for most of their Florida loans, for residential or commercial properties. - Gelt Financial | Boca Raton, FL
Gelt is one of the oldest bridge lenders in Florida, and one of the most creative. They lend on residential investment properties but primarily lend on commercial real estate in urban areas. They don’t mind borrowers with poor financials, so long as the property has enough equity for them to achieve a 65% loan-to-value or lower. Unlike most commercial real estate lenders, Gelt doesn’t mind small loan amounts as low as $100,000. We have had a relationship with Gelt since 2018 and have visited their office. - Crosby Capital USA | Miami Beach, FL
Crosby offers purchase and refinance bridge loans secured by residential and multifamily properties in urban areas throughout Florida. Their maximum loan-to-value is 60%, but they are mostly asset based and don’t shy away from challenging deals. They have done many foreclosure bailout loans. They like luxury rental homes but also lend on regular rental properties so long as the loan amount is over $200,000. - Rok Lending | Aventura, FL
Rok offers larger bridge loans, ranging from $3MM to $100MM, for luxury homes which are not owner-occupied. They also lend on large SFR rental portfolios. Their leverage can go up to 70% loan-to-value. This lending firm is operated by the Rok family, which has been a large real estate investor in Florida since the 1980’s.
Top 10 Florida Bridge Loan Lenders
According to Forecasaâ„¢, here are the Top 10 Bridge Lenders ranked by the number of bridge loans originated in Florida from July 2024 to September 2024.
- Kiavi
- Equity Lending Solutions LLC
- RBI Private Lending
- Lendz Financial
- American Heritage Lending LLC
- Renovo Financial
- Easy Street Capital
- ROC Capital
- Oaktree Funding Corporation
- Lima One Capital LLC
Forecasaâ„¢ gives investors and lenders in the private real estate market powerful analytics and actionable insights. They help you skip the hassle of combing county records and focus on closing deals. With detailed market trends, investor and lender activities, and competitive benchmarking, you can make smart, strategic decisions. Some of their services include dynamic market reports, transaction-level details, customer analytics, borrower verification, and in-depth profiles of investors, lenders, and capital partners. You’ll find their top lenders data for many other states on our platform.
Select a Metro Area
Florida is an enormous state, and most bridge lenders are selective about where they lend. Filter your search by selecting a metro area:
Miami & Fort Lauderdale | Orlando | Tampa Bay | Jacksonville | Palm Beach County | Fort Myers | Tallahassee | Pensacola
Funded Residential Property Bridge Loans in Miami
Purchase Bridge Loan for Newly Built Luxury Condo in Edgewater, Miami
$2,050,000
Sherpa Capital Group, a direct private lending firm based in Chicago, funded a $2,050,000 1st lien position bridge loan for the acquisition of a luxury condominium in the Edgewater neighborhood of Miami, near the Design District and Wynwood. We funded 64% of the $3,200,000 purchase price, while the Borrower contributed 36% cash at closing. The Borrowers are two private equity individual investors who signed a pre-construction contract 2-3 years before the building’s completion, and there were numerous construction delays. Their traditional lender was not able to provide financing in a timely manner. They had requested several extensions from the seller and were at risk of losing a significant non-refundable deposit from the pre-construction contract. Sherpa Capital Group was able to provide financing to the investors and close within 5 business days of the executed term sheet. They plan to sell the property as prices have gone up significantly in that market. If for some reason, they don’t sell, plan B would be to rent and refinance. The Borrower had excellent credit. The condo unit is approximately 3,000 square feet, located on one of the higher floors in the building. The interest rate was 15%, and the loan term was set at 6 months. This purchase bridge loan was funded in August 2023.