Bridge Loans
Streit Lending originates bridge loans secured by commercial and residential real estate in major metropolitan areas in California only.
Our goal is to provide quick, transparent and stress-free closings to help our borrowers execute their business plans without the headaches and months-long waiting period associated with conventional loans.
Location:
Major Metropolitan Areas in California & the Western US
Loan Amounts:
$750,000 – $10,000,000
Financing Types:
First and Second Trust Deeds
Property Types:
Residential (Non-Owner-Occupied or Business Purpose) and Commercial Properties.
Loan to Value:
Up to 70%
Interest Rates
Starting at 9.99%
Origination Fee:
Starting at 1%
Term:
1-3 Years
Streit Lending offers competitive rates and terms as well as transparent, efficient, one-stop decision making.
We work diligently with our borrowers to tailor a loan’s structure to their needs and to close loans quickly. Poor credit score or can’t qualify for a conventional loan? No problem. Our underwriting is asset based, we are flexible and we work hard to accommodate our borrowers’ needs.
Streit Lending is actively seeking new borrower and broker relationships to grow its bridge lending business. We pride ourselves on conducting business with transparency, professionalism and integrity.