At First Bridge Lending, we combine in-depth industry knowledge and a high level of service to provide the best private lending options for our borrowers’ property investments. Since 2012, we have closed more than 2,000 loans totaling nearly $1 billion, and we have created and refined our lending process to give our clients the best loan options. Our ability to move quickly without sacrificing service or charging higher rates sets us apart from other lenders.
Here are three ways we will help you with your hard-money loans:
1. Understanding the borrower’s perspective
With more than 75 years of real estate investing and financing experience, our team has the expertise to understand each borrower’s needs and help you find the best solution for your loan. Because we’ve been on the other side of the table as investors, we have a higher level of understanding when it comes to the intricacies of borrowing as an investor. We give our borrowers the advantage of an insider’s perspective.
We do not use appraisers or any third parties for valuations or inspections. This streamlines the process and reduces borrower’s expenses. Our combined knowledge and resources allow us to make quick decisions and instill confidence in our borrowers.
2. Speed of execution
Because we manage a fully discretionary fund, we can assess and close a deal typically within three days. This helps borrowers move forward with their investments as quickly as possible with secured capital and prevents holding up the transaction.
Private and hard money lenders typically need at least 1-2 weeks to close, and some of the larger lending groups need even more time. As a mid-sized group, we are large enough to close any deal, but also small enough to be efficient, flexible, and fast.
3. Maintaining borrower relationships
We take pride in working directly with borrowers throughout the loan process. Our loans are serviced completely in-house, so you will always know exactly who you are working with on each deal. It also gives us the time to speak with you personally and understand your individual needs.
When you give us a call, you will reach our team, the same people who will be working with you from origination to term. We value long-term relationships with borrowers and excel in helping them with future investments as they build their portfolios.
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Ready to get started? Contact us today to discuss your loan options.