Chicago bridge loans for real estate investors who need to close quickly. Short-term financing up to 80% LTV. Close in 2 weeks, not 60+ days. Perfect for competitive markets and urgent transactions.
Apply for Funding →✓ Close in 2 weeks • ✓ Up to 80% LTV • ✓ 6-24 month terms
You found the perfect property but the seller needs a fast, all-cash offer. A bridge loan lets you make a strong offer and close quickly before other buyers beat you to it.
Multi-family property in Logan Square with 3 competing offers. Our borrower closed in 10 days with bridge financing, converted it to a fix-and-flip loan after closing.
You want to buy a new investment property but your current property hasn't sold yet. A bridge loan gives you the capital to close on the new deal while you wait for your existing property to sell.
Investor with a rental property worth $350K (mortgage $180K) used bridge loan to access $100K in equity to buy another property. Paid off bridge loan when first property sold 4 months later.
Your permanent financing is delayed but you need to close now. A bridge loan keeps the deal alive while you finalize your long-term loan. Pay it off when your permanent loan closes—no prepayment penalty.
Investor's bank loan hit delays during underwriting. Used our bridge loan to close on schedule, then refinanced to conventional loan 45 days later at lower rate.
Buying at foreclosure or tax deed auctions? You typically need all cash within 24-48 hours. A bridge loan provides the immediate capital to win auction properties without tying up all your cash.
Won foreclosure auction for $185K property worth $280K. Had 30 days to close. Used our bridge loan to complete purchase, then converted to fix-and-flip loan for rehab.
You're restructuring your real estate portfolio and need temporary capital between transactions. Bridge loans give you flexibility to move money between deals without waiting on slow lenders.
Investor sold 4-unit building, used bridge loan for 90 days while 1031 exchange property search continued. Found replacement property and completed tax-deferred exchange.
You're assembling land or properties for a larger development project but need time to finalize plans, permits, or partnerships. Bridge financing holds the property until you're ready to build.
Developer acquired 3 adjacent lots in Pilsen for $420K total using bridge loan. Spent 8 months getting permits and construction financing approved, then refinanced to construction loan.
Submit your application online. We review and issue approval within 24-48 hours with a term sheet.
Property appraisal, title search, and final underwriting. We move fast—no waiting weeks for committee approvals.
Sign closing documents and funds are wired. You can close your deal and move forward with your investment strategy.
Most bridge loans close in 10-14 days. Rush closings (7-10 days) available for urgent deals.
Close in 10-14 days vs 60-90 days with traditional lenders. Win competitive deals with fast, reliable financing.
We focus on the property value and your exit strategy, not just your credit score. 620+ credit typically approved.
Finance up to 80% of the property value. Keep more cash in your pocket for other investments or reserves.
No endless paperwork. Simplified application process lets you get approved fast without drowning in bureaucracy.
Pay off your loan early without fees. Perfect for short-term needs or when your permanent financing comes through.
We know Chicago real estate markets. Fast decisions from people who understand your neighborhood and strategy.
Bridge loans are for short-term financing when you need capital quickly but don't need rehab funding. They're typically used to hold a property temporarily while waiting for another transaction to close. Fix-and-flip loans include construction/rehab funding with inspection-based draws. Both close fast (2 weeks), but bridge loans are simpler since there's no rehab budget or draw schedule.
Our bridge loans are typically 6-12 months, with the option to extend up to 24 months. Most borrowers use bridge loans for 3-9 months while they complete another transaction (selling a property, securing permanent financing, or finalizing a larger deal). Extensions are available if you need more time.
Yes! This is common. Many investors use a bridge loan to acquire a property quickly, then convert to a fix-and-flip loan once they close and are ready to start rehab work. We can usually structure this conversion within a few days with minimal additional paperwork.
We finance single-family homes, multi-family (2-4 units), condos, townhomes, and small commercial properties in Chicago and surrounding suburbs (Cook, DuPage, Lake, Will, Kane counties). Properties can be in any condition—distressed properties are fine. We focus on location and value, not condition.
Yes. We need to understand how you'll pay off the bridge loan. Common exit strategies include: selling another property, refinancing to permanent financing, selling the property you're buying, or using cash reserves. Your exit strategy should be realistic and achievable within the loan term.
Bridge loan rates typically range from 9.5% to 11% depending on your experience, credit score, and the property's location. Most borrowers pay 10-10.5%. Rates are slightly lower than fix-and-flip loans since there's less risk without construction work involved.
Apply online and get approved in 24-48 hours. Close your Chicago bridge loan in 2 weeks and move forward with confidence.
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