High Leverage Bridge Loans

High-end residential developer financing and
bridge loans.

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Whether you need bank-financed or a bridge construction loan, Insignia Mortgage has long-standing
relationships with lenders who will close on time make fast decisions and honor their terms.

  • Loans from $500,000 up to $25 million.
  • Up to 80% loan-to-value, or up to 100% with cross-collateralization.
  • No tax returns required to qualify.
  • Foreign borrowers ok.
  • Close as quickly as 14 days.

Our Bridge Loan Program has the following added features:

  • 48-72 hour Letter of Intent (LOI), close as quickly as 14 days.
  • Interest rates from 7.99%.
  • Access to professionally managed real estate hedge funds with local market knowledge.

Transaction Spotlight

The Situation
We recently closed on a $4.50 million spec purchase with 80% lender financing in the Hollywood Hills.

The Solution
Insignia Mortgage found a hedge fund in New York to provide construction financing with no-income verification for the purchase, which was a teardown with a planned high-end redevelopment. The home and the current owner were in litigation with a neighbor and further completing the deal, part of the home had been torn down and the bedroom and kitchen walls had been demolished.

The Loan Details

  • $3.6 million dollar construction loan
  • 12-month term
  • 9.99% APR, plus 2.5% points
  • Interest Only, interest paid only when
    money drawn
  • No prepayment penalty
  • 17 day close of escrow