Oklahoma Bridge Lenders for Residential Properties
Are you seeking a bridge loan secured by residential property in Oklahoma? On this page you'll find a list of select bridge lenders for Oklahoma 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.
RBI Private Lending
Direct lender, specialized in Bridge, Fix and Flip and Construction. FN and new investors welcome.
Oklahoma Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for Oklahoma bridge loans in the 2nd quarter of 2024 was 11.69%. The average loan amount was $220,745. These stats are the average of 15 short-term loans (including rehab and ground-up construction loans) funded for properties in Oklahoma between April 1, 2024 and June 30, 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 Oklahoma in the 2nd quarter of 2024 was 10.91%. Lenders charged an average of 2.8% points (origination fee). The average LTV (loan-to-value) for bridge loans in Oklahoma was 62%, and the average loan amount was $144,720. These stats are the average of all the loans which were funded between April 1, 2024 and June 30, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Oklahoma Bridge Loan Lenders
According to Forecasaâ„¢, here are the Top 10 Bridge Lenders ranked by the number of bridge loans originated in Oklahoma from June 2023 to May 2024.
- NBC Oklahoma
- YNB
- Sharp Mortgage Company
- Kiavi
- Rain City Capital
- Emma Properties Limited
- Primary Investments I LLC
- Constructive Loans LLC
- Spark Lending LLC
- Renovo Financial
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.