Sunlite Mortgage provides bridge financing solutions specifically tailored for borrowers with mixed-use properties. Our bridge loans are designed to meet the needs of borrowers who have not yet secured standard financing or require flexibility in their financial strategy to optimize their mixed-use assets.
Bridge loan terms typically range from three months to three years, offering borrowers the necessary time to secure long-term financing or explore options such as property sales, ownership structure changes, or enhancing their tenant roster. The interest rates for bridge loans are typically floating, and some form of early prepayment is allowed.
This type of financing allows borrowers to bridge the gap between their current financial situation and the desired future state of their mixed-use property. It can be used opportunistically to execute operational strategies that position the property more favorably for standard financing.
When considering bridge financing, factors such as consistent cash flows, strong operational history, as well as the borrower’s net worth and liquidity, are important considerations.
At Sunlite Mortgage, our empowered advisors are ready to assist you in assessing your financing options and determining the best course of action for your mixed-use property. Contact us today to discuss your specific needs and explore the bridge financing solutions available to you.
