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Bridge Loan Program from Lima One Capital

Bridge Plus from Lima One Capital is a bridge lending program that provides short-term interest-only financing on residential real estate properties. This interim financing is designed for investment properties that need a fast close, and the 13-month term on the residential bridge loan gives investors flexibility to execute their strategy.

Lima One’s bridge loan program works for properties where minimal or no rehab is planned, and non-recourse options are available for experienced investors.

Bridge Loan Program Highlights

Loan Advantages

Fast Closings
Interest Only:
Yes
Term: 13 months
Prepayment Penalty: None
Non-Recourse: Available for experienced investors

Residential Bridge Loan in Seattle, WA

Lima One was the bridge loan lender on this 25-property townhome portfolio in July 2020, giving the real estate investor flexibility to pivot their strategy in light of market changes during the pandemic.

seattle townhome
Lima One Capital, LLC. NMLS ID # 1324403, 201 E. McBee Ave. Suite 300. Greenville, SC 29601. Lima One Capital, LLC is not currently licensed in AK, ND, NV, SD, or VT. Lima One Capital, LLC is licensed or exempt from licensing in all other states. Minnesota: This is not an offer to enter into an agreement. Any such offer may only be made in accordance with the requirements of Minn. Stat. §47.206(3). Lima One Capital, LLC is licensed in Arizona as a Mortgage Broker (License No. MB-0936439) and Mortgage Banker (License No. 949706). Lima One Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight (License No. 60DBO-45834). Lima One Capital, LLC is licensed in Florida as a Mortgage Lender (License No. MLD1555) and Mortgage Servicer (License No. MLD1662). Lima One Capital, LLC is licensed in Oregon as a Mortgage Lender (License No. ML-5397). Annual percentage rate may be increased after fixed-rate period expires. Loans are subject to additional underwriting criteria.