We arrange competitive marina bridge loans (mortgages) for commercial real estate owners, builders, developers, investors or “borrowers” seeking bridge or hard money financing alternatives vs traditional bank lending options for the purchase or refinance of marina real estate and related equipment.
We focus on helping borrowers secure a cost competitive and timely marina bridge loan through our network of private lenders.
Marina Bridge Loan Criteria:
Loans: $500,000 to $25 million
Terms: up to 30 years
Rates: as low as 6.99%
LTV: up to 75%
Closing: usually 14 to 30 Days
Location: USA only
Borrowers: All considered
Decisions: Based on Appraised Value/Purchase Price
PPP / Commitment Fees: Determined case by case