Bridge / Interim

We can provide non-recourse bridge financing through Walker & Dunlop credit lines to borrowers who require an interim solution before seeking permanent financing. Underwriting is based on the expected value upon take-out by permanent financing. Loans are interest-only with a term of 18-36 months at a floating rate of LIBOR + 500-600 b.p. Lender fees are typically 1% at closing and 1% upon exit. The exit fee is waived if the borrower refinances through us utilizing our Fannie Mae, Freddie Mac or FHA loan programs. Alternatively, we can arrange recourse bridge financing at rates as low as LIBOR + 250 b.p. for qualified borrowers.

· Transaction Size: $6MM+
· Loan Term: 5 – 30 Years
· Amortization: Up to 30 Years
· LTV up to 80%
· DSCR as low as 1.25x
· Rates determined by market
· Non-Recourse
· Yield Maintenance
· Nationwide Coverage