Fixed Rate Loans
As a direct bridge loan lender, Edgewood originates, holds, and services all of its loans, providing borrowers with high-quality customer service and surety of execution. To submit a bridge loan request, please contact us by phone or email, or by clicking below to request a call back from one of our professionals.
|Property Types||Primarily Class B or Better Multifamily, Industrial, SelfStorage; Hotels and Retail Considered on Select Basis|
|Loan Size||$10 - $30 Million|
|Term||Three to Five Years|
|Advance Rate||Up to 74.9% LTV|
|Interest Rate||Starting at 6.65% Fixed, full term I/O|
|Origination Fee||1% of the Loan Amount|
|Recourse||Non-Recourse with Standard Carve-Outs|
|Prepayment||3 Year Term: 18 months minimum interest, 1% exit thereafter|
5 Year Term: 36 months minimum interest, 1% exit thereafter
|Other Conditions||Minimum DY of 8.50%, 0.95x DSCR at Coupon rate w/ 25 yr. Amortization|
Ready to make your move?
Request a quote or download our fixed-rate loan guidelines to make an informed decision.