# **Hard Money Bridge Loans**  **for Stabilized Properties**

Short-term, interest-only loans for stabilized residential real estate investment properties.

|     |
| --- |
| Types of Projects |
| Single-family home, 2-4 family properties, 5+ multi-family, townhouses and condos |
| Max Term |
| Up to 15 months |
| Details |
| Interest-only loan, first position |
| Loan Amount |
| $50K+ |
| Loan to Cost (LTC) |
| Up to 90% |
| Construction Costs |
| Sell, Rent + Sell, Rent + Refi Out |
| Exit Strategy |
| Sell, Rent + Sell, Rent + Refi Out |
| States |
| Currently lending in 35 states (see map below). |

## Stabilized Bridge Loans Simplified

Sometimes you just need more time to finalize your strategy. This could be time to list and sell a flip or new build. You might also want some time to lease-up a finished property to optimize a long-term hold strategy. Our Stabilized Bridge program is designed exactly for these scenarios.

Advantage

Base product, offering the best combination for optimizing rate and leverage.

Best For:

- Luxury Product or Multi-Parcel
- Lowest Rates
- Maximum Leverage
- Flexible Closing Dates

Servicing

- Full Appraisal
- DSCR Transition Plan
- 24/7 Access Borrower Portal

Leverage and Pricing

- 75% AIV
- Rate: 9.375%
- Origination: 1.5%

[Get Funded](https://www.upright.us/loans/financing)

Boost

Product designed for minimizing cash at close and streamlined closings.

Best For:

- Clear Exit Strategy to Sale or DSCR
- Fast Closings
- Minimizing Cash at Close
- Competitive Rates and Leverage

Servicing

- No 3rd Party Appraisal
- DSCR Transition Plan
- 24/7 Access Borrower Portal

Leverage and Pricing

- 75% AIV
- Rate: 9.875%
- Origination: 1.5% Upfront or 2.5% at Payoff

[Apply for a Loan](https://app.uprightlending.com/login)

UPRIGHT Stabilized bridge loans

## How is a Stabilized Bridge Loan Different Than Other Hard Money Loans?

A Stabilized Bridge loan is designed for projects that don't require any meaningful improvements during the term of the loan. Borrowers may benefit from this type of loan after completing a renovation prior to completing the sale or long-term refinancing of the property.

## Who Do We Work With?

Upright works with experienced, professional redevelopers and rehabbers with the best deals in the best real estate markets. You’ve got a business to grow, and we’re here to help.

[Get Funded](https://www.upright.us/loans/financing)

Looking to scale your business

2 completed projects in the past 24 months with a credit score of 660+

Cash on-hand for the down payment and closing

Speed, convenience and certainty is valued

[Get Funded](https://loans.app.upright.us/loans/apply)

Hard Money Lending in the Following States

Upright Loans

## Frequently Asked Questions

What is a stabilized bridge loan?

These loans are designed for projects that don't require any meaningful improvements during the term of the loan. Borrowers often use this type of loan for additional time to complete a sale or refinance of the property. These loans can be particularly useful for borrowers who want to keep their options open, particularly where there is a good amount of equity in the property.

How does a stabilized bridge loan work?

We are primarily underwriting and funding the loan based on the current value of the property. Depending on the property and loan product, we will determine value either through an appraisal or by leveraging our internal valuation tools.