Cleveland Bridge Lenders for Residential Investment Property
Are you seeking a bridge loan secured by residential property in the Cleveland metro area? On this page you'll find a list of select bridge lenders for Cleveland 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...
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Lima One Capital
The Nation's Premier Lender for Real Estate Investors
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Hilton Financial Corporation
"When the bank says NO or moves too slow" TM.
Pimlico Capital
Direct Lender for Real Estate Investors | Established in 2016
Gelt Financial, LLC
Creative Private Financing for Commercial Real Estate since 1989
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
IceCap Group
Flexible & Friendly Funding for Property Investors Across the Country
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
KECO Capital, LLC
Funding for Investors By Investors
Ohio Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for Ohio bridge loans in the 1st quarter of 2024 was 11.78%. The average loan amount was $205,571. These stats are the average of 94 short-term loans (including rehab and ground-up construction loans) funded for properties in Ohio 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 Ohio in the 1st quarter of 2024 was 11.58%. Lenders charged an average of 2.2% points (origination fee). The average LTV (loan-to-value) for bridge loans in Ohio was 61%, and the average loan amount was $154,940. 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 Ohio Bridge Loan Lenders
According to Forecasa™, here are the Top 10 Bridge Lenders ranked by the number of bridge loans originated in Ohio in the last 12 months from March 2024.
- Kiavi
- RCN Capital LLC
- Constructive Loans LLC
- Wildcat Lending
- Lima One Capital LLC
- Upright
- ROC Capital
- Dominion Financial Services LLC
- MM Lending LLC
- Pic Fund I LLC (Rehabwallet)
Forecasa™ provides analytics data for Ohio bridge loans on a quarterly basis. You’ll find their top lenders data for many other states on our platform.