The Inland Mortgage Capital bridge lending program is the ideal funding solution for value-added commercial real estate opportunities nationwide, that require non-traditional financing. We provide quick decision-making and a fast closing process, which allows Borrowers to take advantage of value-added or distressed real estate ventures as they arise.
IMC Handbill
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Loan Size:Up to $20 million
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Program Territory:Nationwide
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Loan Type:Bridge, First Mortgage
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Loan Term:Up to 3 Year Term (extensions available)
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Loan-To-Value:Up to 75% Stabilized Appraised Value, Up to 80% on Multifamily Assets
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Recourse:Non-Recourse
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Loan Fee:Typically 1% Upfront with an Exit Fee
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Interest Rates:Floating rate over SOFR (30 Day Term)
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Property Types:Industrial, Retail, Office, Multifamily, Self-Storage, Student Housing, Medical Office, Hospitality
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Prepayment Penalty:Typically No Prepayment Premium
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Project Preferences:Transitional light value-add to transitional heavy
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Future Advances:No interest charged until funds disbursed
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DSCR:Structured to 1.0x