Ohio Bridge Lenders for Residential Investment Property
Are you seeking a bridge loan secured by residential property in Ohio? On this page you'll find a list of select bridge lenders for investment real estate and funded deal summaries. We have a separate page for commercial real estate. To get a 1st lien bridge loan, you must have at least 30% equity. It's not possible to get a bridge loan for a homestead (owner-occupied primary residence) or 2nd home.Ohio is an enormous state, and most bridge lenders are selective about where they lend, so filter the lender list by selecting a region:
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.
Ohio Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for Ohio bridge loans in the 4th quarter of 2023 was 11.59%. The average loan amount was $163,135. These stats are the average of 117 short-term loans (including rehab and ground-up construction loans) funded for properties in Ohio 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 Ohio in the 4th quarter of 2023 was 11.23%. Lenders charged an average of 2.2% points (origination fee). The average LTV (loan-to-value) for bridge loans in Ohio was 59%, and the average loan amount was $148,300. 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.