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Bridge Loans in Industry
Industry sits in the heart of LA County's industrial corridor. The city hosts massive distribution centers and manufacturing facilities that rarely hit retail markets.
Bridge loans here mostly fund commercial property transitions. Investors use them to lock down warehouse space before selling existing assets.
Most residential buyers never see bridge loans in Industry. The city's housing stock is minimal—commercial deals drive the local lending landscape.
Speed matters more than cost when a $5M distribution center could generate $40K monthly rent. Bridge loans close in weeks, not months.
Lenders underwrite the exit strategy first, borrower second. You need a clear path to repayment—either a pending sale or confirmed long-term financing.
Expect 20-35% down on commercial properties. Residential bridge loans require similar equity stakes in the property you're selling.
Credit scores matter less than asset value. Most lenders want 620+ FICO, but some approve 580s if the exit strategy is solid.
Your existing property needs enough equity to cover the bridge loan plus closing costs. If you owe 75% on your current building, bridge financing won't work.
Private lenders dominate bridge financing in Industry. Banks hate short-term commercial loans—too much work for 12 months of interest income.
SRK Capital accesses 40+ private lenders who specialize in bridge products. Rate spreads run 3-5 points between the best and worst options.
Some lenders cap bridge loans at $2M residential. Others won't touch deals under $5M commercial. Finding the right lender match saves thousands monthly.
Foreign national buyers use bridge loans frequently in Industry. Many lenders accept international income documentation for these short-term products.
Bridge loans cost more—expect 7-12% rates plus 2-3 points in fees. Borrowers who balk at the cost don't understand what they're buying: speed and certainty.
The worst bridge loan scenario is overestimating your sale timeline. If your existing property sits 6 months instead of 3, you're bleeding cash on double payments.
We structure most Industry bridge loans with interest-only payments. Principal and interest on a $3M commercial bridge would run $35K monthly—few deals pencil at that burn rate.
Smart investors line up permanent financing before closing the bridge loan. The exit strategy shouldn't start after you've already borrowed—it starts during contract negotiations.
Hard money loans and bridge loans overlap significantly. Hard money typically funds purchases with no contingent sale—pure asset-based lending.
Construction loans require draws tied to build milestones. Bridge loans fund the entire amount upfront, which works better for property acquisitions.
Investor loans offer lower rates but take 30-45 days to close. If you need to close in 14 days on a warehouse deal, bridge financing is your only option.
Interest-only loans stretch 30 years with permanent financing. Bridge loans max out at 12-24 months and force a refinance or sale.
Industry properties rarely appraise using comparable sales. Appraisers rely on income capitalization—your bridge lender needs to understand industrial valuations.
Environmental Phase I reports delay closings more than title issues in Industry. Former manufacturing sites trigger mandatory contamination reviews.
Zoning restrictions limit residential development throughout Industry. Bridge loans here fund commercial-to-commercial transitions almost exclusively.
Proximity to the 60 freeway and rail access drive industrial valuations. Lenders who don't grasp logistics geography will lowball your property value.
Most bridge loans close in 14-21 days with clean title and appraisal. Environmental reviews on industrial sites can add two weeks.
Most lenders offer 6-12 month extensions at higher rates. Some require principal paydown to extend—negotiate extension terms upfront.
Yes, if you have a buyer lined up or refinance approval pending. Lenders need proof the rental income covers both loans during the transition.
Most require personal guarantees on loans under $5M. Larger commercial deals sometimes avoid recourse if the property cash flows strongly.
Most lenders want 620+ FICO for commercial bridge loans. Strong exit strategies and low LTV can overcome 580-600 scores.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Asset-based short-term loans primarily used by real estate investors for property acquisition and renovation projects.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Home loans for borrowers who have an Individual Taxpayer Identification Number instead of a Social Security number.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.