Interest Only Bridge Loan
ContentsCommercial loan direct offers interim financingLoan returned equityInterest rate varies.Bridging finance workBridge loans floatcommercial loan direct offers interim financing or bridge loans on commercial properties including; Multifamily, Office, Industrial, Retail, Self Storage, Assisted Living-Congregate, Hotel/Motel, Special Use (most commercial properties with the exception of outlet malls and land).An interest-only loan is a beneficial tool for a short period of time under the right circumstances. Interest only mortgages include a hard money loan, a balloon mortgage, a bridge loan, and seller financing. Before getting an interest-only loan, make sure you have an exit strategy in mind for how the principal will be paid off.The cash out, non-recourse, three-year, interest-only loan with extension options is priced at. individual release provisions and prepayment flexibility. "This bridge loan returned equity, shifted.Buying a house before…