Acquisition Bridge Loan
Need to move fast to purchase your next real estate investment property that doesn’t fit the qualifications of a traditional mortgage?
First Bridge lending offers acquisition bridge loans as a short-term financing solution for investors or home buyers who cannot obtain conventional financing due to various factors such as property type or credit rating. An acquisition bridge loan can be used to quickly purchase a property and give an investor or buyer time needed to renovate the home or stabilize their finances to prepare for qualifying for a long-term mortgage in the future.
Acquisition bridge loans can be used on single family homes, multi-family apartment buildings, and fix and flip properties. Flip loans for fixer properties fall under the umbrella of acquisition bridge loans.