© LOAN PROGRAMS PRODUCT 05 OF 20
The commercial half of the hard money program: retail, office, industrial, multifamily, mixed use and land, at up to 70% LTV on one or two year terms to $25,000,000, for files with a default or a matured loan, and closings in as quickly as 3 days.
REQUIREMENTS
BENEFITS
© BRIDGE LOANS PRODUCT 05 OF 20
Commercial deals fall apart for reasons that have nothing to do with the building. A partner files, a lender pulls a commitment, a loan matures on a Tuesday, an occupancy figure slips below a covenant. This card exists for those weeks. The published terms are the bridge program's: up to 70% LTV on commercial property, one or two years, loans to $25,000,000 and rates from 9.00% to 13.00%, with a 650 minimum score.
Six asset classes are named on the requirements line: retail, office, industrial, multifamily, mixed use and land. Land is the one worth pausing on, because it is the asset most conventional lenders will not touch at all, and it appears here because the underwriting is on value and exit rather than on income history. Occupancy is non-owner occupied.
Loan Goat publishes the same benefits here as on the residential hard money card: defaults and notices of default, matured loans and bailouts weighed against the equity above the 650 floor, and closings in as quickly as 3 days. What changes is the property. Note that the live page reuses the residential paragraph word for word; the version on this page is the corrected wording, flagged to the client for approval.
Short-term bridge loan for purchasing or refinancing non-owner occupied commercial properties. Ideal for investors that need quick funding. Very minimal documentation required and on some cases appraisal not needed. Instead of focusing on the borrower we are heavily underwriting the property.
Loan Goat, on hard money commercial bridge loans
Terms, requirements and benefits on this page are printed exactly as Loan Goat publishes them.
© THE COMPARISON 6 PRODUCTS IN THIS PROGRAM
It is the commercial twin of the hard money residential bridge: same leverage, same term, same credit language, double the ceiling and a different property list. Against the priced commercial cards it trades leverage for tolerance.
The same credit-event files on SFR, condo, townhome and 2-4 units, at up to 75% LTV.
Commercial asset classes alongside SFR for a clean file, with post-close rehab money.
Construction, transitional and major rehab projects, with comparable experience required.
The residential flagship, for a clean non-owner occupied file.
Every figure below is the one printed on that product's live terms card. Rates and pricing are subject to change and are not a commitment to lend.
| Product | Rates | LTV Up To | Terms | Loan Amounts |
|---|---|---|---|---|
| BRIDGE LOANS & SHORT-TERM FINANCING | 9.00% to 13.00% | 75% | 1 or 2 years | $150,000 to $25,000,000 |
| SMALL BALANCE BRIDGE LOANS | 9.00% to 13.00% | 75% residential, 70% commercial | 1 or 2 years | $150,000 to $25,000,000 |
| LARGE BALANCE BRIDGE LOANS | 9.00% to 13.00% | 75% residential, 70% commercial | 1 or 2 years | $150,000 to $25,000,000 |
| HARD MONEY RESIDENTIAL BRIDGE LOANS | 9.00% to 13.00% | 75% | 1 or 2 years | $150,000 to $25,000,000 |
| HARD MONEY COMMERCIAL BRIDGE LOANS | 9.00% to 13.00% | 70% | 1 or 2 years | $150,000 to $25,000,000 |
| SHORT-TERM INTEREST-ONLY BRIDGE LOANS | 9.00% to 13.00% | 75% | 1 or 2 years | $150,000 to $25,000,000 |
WHO IT IS FOR · 02
Owners and sponsors of commercial property facing a deadline, a credit event or a lender who has changed its mind, where the equity in the asset is real and the exit is identifiable.
OUR PROCESS · 03
Four steps, compressed by minimal documentation. On a commercial asset the second step carries leases, rent rolls and title work, and the Letter of Intent still fixes the terms before any of it is paid for.
© PROPERTY TYPES AS PRINTED ON THE TERMS CARD
Six classes on the card, including land, which most lenders exclude. Each has its own page with the way Loan Goat reads that asset.
© HARD MONEY COMMERCIAL BRIDGE LOANS
WHEN THE BUILDING IS SOUND AND THE FILE IS NOT.
PUBLISHED TERMS
© GOOGLE REVIEWS 5.0 GOOGLE RATING · 150+ REVIEWS
This is my first experience dealing with Milad Shamoun & Blair Noble at Loan Goat. Very professional, accommodating and focused on obtaining results. Over my years I have dealt with various types of Intuitional and Private Lenders. Loan Goat stacks up with the best.
I referred my friend over to Milad and while they weren't ready to do a fix and flip just yet, Alex told me Milad was the first lender that actually explained the process, how constructions loans work, and answered all their questions. She...
Working with Loan Goat has been an absolute game-changer in my home-buying journey! From the start, Milad, brought a level of expertise and care that made the process smooth and stress-free. His team's dedication to customer service is...
This is my first experience dealing with Milad Shamoun & Blair Noble at Loan Goat. Very professional, accommodating and focused on obtaining results. Over my years I have dealt with various types of Intuitional and Private Lenders. Loan Goat stacks up with the best.
I referred my friend over to Milad and while they weren't ready to do a fix and flip just yet, Alex told me Milad was the first lender that actually explained the process, how constructions loans work, and answered all their questions. She...
Working with Loan Goat has been an absolute game-changer in my home-buying journey! From the start, Milad, brought a level of expertise and care that made the process smooth and stress-free. His team's dedication to customer service is...
© QUESTIONS 5 ANSWERS
Land is named on this card alongside retail, office, industrial, multifamily and mixed use. Because the underwriting is on value and exit rather than on income, a parcel with a real plan and real equity can be financed here when a conventional lender will not look at it.
Up to $25,000,000 on a business purpose file, the ceiling across the bridge program. A larger or more complex project is a conversation, with the large balance structure built for construction and major rehabilitation.
The card prints a 650 minimum score. Above it, credit is read next to the property, the equity and the exit rather than gating the file, and defaults, notices of default, matured loans and bailouts are weighed rather than ruled out.
Matured loans OK and bailouts OK are both published benefits on this card, and the 3-day closing exists for exactly that deadline. The questions are the current lien position, the equity and how the new loan gets repaid.
Not on this card: occupancy is published as non-owner occupied. Owner-occupied commercial real estate at 51% or more is financed through the SBA 7(a) and 504 programs, which publish up to 90% LTV over terms to 25 years.
© LOAN REQUEST 2 MINUTES
The loan information form with Bridge Loans already selected. A lending advisor from our firm will reach out. Or just give us a call now: (619) 617-2797.
