Bridge & Mezzanine Funding
Direct Lending Partner provides bridge & mezzanine funding to experienced real estate investors on a case-by-case basis. If you need the funds to bridge yourself to get a real estate project complete and/or refinanced with a permanent lender institution, or mezzanine funding to secure supplementary financing for development projects, give us a call.
Typically we are able to fund up to a maximum of 75% of the stabilized or after repair value of the property. Secondary collateral may be required as well.
Don Wenner, CEO, and the Lending Team of Direct Lending Partner have funded more than 800 residential renovations over the past 7 years and are experts in knowing how to make a rehab project successful.
Once Direct Lending Partner pre-approves you for rehab funding, you will no longer have to look anywhere else for your funding needs!
|Loan Request Response Time||24 hours|
|Closing Time||5 days – 20 days|
|Loan Types||1st or 2nd position mortgage, deed of trust|
|Loan Amounts||Up to $2,000,000|
|Loan to Value||Up to 75% of after repair/improvement value|
|Credit Score Minimum||NA|
|Minimum borrower investment for purchase||10%|
|Property Types||Single Family Homes, 1-4 Family, Mixed Used, Commercial case by case|
|Fees||$895 Commitment. $300-$500 appraisal/broker-price opinion.|
|Rehab Escrow Fee||$300|
|Inspection||$150 per inspection|