Bridge Lending
When you require more timely and rapid funding for your acquisition, refinancing, repairs, renovations, additions or conversions, Capital Funding Group offers Bridge-to-HUD Loan solutions.
CFG offers nationwide bridge-to-HUD lending to help you meet your objectives.
CFG bridge loans accommodate ranges from $3 million to $25 million, with an average around
$12 million.
Bridge-to-HUD Loan Features
- Timely loan processing
- Variable rate debt
- Interest only for a prescribed period
- 18-36 month terms
- Underwritten based upon HUD loan take-out and to HUD specifications
- Serviced and structured to HUD specification to mitigate take-out risk
Mitigating Take-out Risk
- Principals and transactions are vetted to HUD specifications
- Third-party reports for bridge loans are done to HUD specifications
- Bridge loans are serviced in the same manner as HUD 232 or HUD Multifamily loans
- Underwriting procedures for bridge loans are identical to straight HUD applications
- Legal structure for HUD is set up at the time of the bridge loan
- Applicable legal documents are HUD-compliant during the bridge period
- LEAN guidelines are carefully considered and conservatively applied on all bridge-to-HUD loans
- MAP (Multifamily Accelerated Processing) guidelines are carefully considered and conservatively applied on all bridge-to-HUD loans
Contact Us Today About Bridge or Mezzanine Financing
Learn more about Capital Funding Group’s innovative financing solutions, just some of the end-to-end healthcare financing services we offer, all under one roof.