North Carolina Bridge Lenders for Residential Investment Property
Are you seeking a bridge loan secured by residential property in North Carolina? On this page you'll find a list of select bridge lenders for North Carolina 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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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.
North Carolina Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for North Carolina bridge loans in the 4th quarter of 2023 was 11.39%. The average loan amount was $355,783. These stats are the average of 166 short-term loans (including rehab and ground-up construction loans) funded for properties in North Carolina between October 1, 2023 and December 31, 2023 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 North Carolina in the 4th quarter of 2023 was 10.69%. Lenders charged an average of 2.5% points (origination fee). The average LTV (loan-to-value) for bridge loans in North Carolina was 63%, and the average loan amount was $213,729. These stats are the average of all the loans which were funded between October 1, 2023 and December 31, 2023 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.