Hard Money
Bridge Loans
Bridge loans from CMRE provide fast, flexible financing to bridge the gap between buying a new property and selling your existing one. With competitive rates starting at 9.875% and streamlined approval processes, our bridge loans empower you to seize opportunities in today's dynamic real estate market. Whether you're upgrading to a larger home or relocating for a new job, CMRE's bridge loans offer the short-term capital you need.
Program Benefits
Fast and flexible financing to bridge the gap between property transactions.
Competitive interest rates starting at 9.875%.
Ideal for homeowners looking to purchase a new home before selling their current one.
Simplified application and approval process for quick access to funds.
Allows you to make competitive offers without a sale contingency.
Opportunity to secure your dream home without the stress of timing the market.
Program Highlights
Max LTV
70%
Min Credit Score
600
Max DTI
50%
Loan Amount Range
$50K - $2M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Multi-Family (1-4 Units)
Program Requirements
Income Documentation
- •Stable income source to support loan repayment.
- •Proof of income documentation, such as pay stubs or tax returns.
- •Debt-to-income ratio assessment to ensure affordability.
- •Self-employed borrowers may require additional documentation.
Asset Verification
- •Sufficient assets to cover down payment, closing costs, and reserves.
- •Verification of asset ownership through bank statements or investment account statements.
- •Clear and documented source of funds for the transaction.
- •Existing equity in current property can be used.
Insurance & Title
- •Hazard insurance to protect the property against damage or loss.
- •Title insurance to ensure clear ownership and protect against title defects.
- •Flood insurance may be required depending on the property's location.
- •Proof of adequate coverage is required before loan closing.
Property Requirements
- •Minimum FICO score of 600.
- •Review of credit history to assess creditworthiness.
- •History of responsible credit management.
- •Explanation for any past credit issues may be required.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
Interest rates vary depending on the lender, your credit profile, and the specifics of the loan. At CMRE, our bridge loan rates start at 9.875%. Contact us for a personalized rate quote.
The approval process is typically faster than traditional mortgages. CMRE streamlines the process to provide quick access to funds when you need them most. Closing can often occur in a matter of weeks.
The primary risk is the inability to sell your existing property within the loan term. If this happens, you may need to refinance the bridge loan into a longer-term mortgage, which could result in higher interest rates and fees. Careful planning and realistic expectations are essential.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
