New Mexico Bridge Lenders for Residential Properties
Are you seeking a bridge loan secured by residential property in New Mexico? On this page you'll find a list of select bridge lenders for New Mexico 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...
Sorry, your search returned no results.
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Easy Street Capital
Direct Lender for Residential Flips and Rentals
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
New Mexico Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for New Mexico bridge loans in the 1sts quarter of 2024 was 11.95%. The average loan amount was $272,533. These stats are the average of 11 short-term loans (including rehab and ground-up construction loans) funded for properties in New Mexico 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 New Mexico in the 1st quarter of 2024 was 11.33%. Lenders charged an average of 2.5% points (origination fee). The average LTV (loan-to-value) for bridge loans in New Mexico was 56%, and the average loan amount was $285,250. 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 New Mexico Bridge Loan Lenders
According to Forecasa™, here are the Top 10 Bridge Lenders ranked by the number of bridge loans originated in New Mexico 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 New Mexico bridge loans on a quarterly basis. You’ll find their top lenders data for many other states on our platform.