Choosing the right bridge loan lender can make or break a deal. After all, you can’t afford to have your financing fall through at the last minute or for loan draws to get delayed during construction. The best bridge loan lenders ensure a smooth experience from start to finish.
Since 2010, ABL has provided fast, flexible bridge loans for investors nationwide. Whether you need to finance a property to flip or to turn into a long-term rental, our loans can get you from A to B with minimal hassle.
What Is a Bridge Loan Lender?
A bridge loan lender issues short-term loans designed to bridge the gap between when an investor buys a property and when they resell it for a profit or refinance. Most bridge loans have 12-month loan terms, during which borrowers make interest-only payments.
While conventional lenders may offer bridge loans for owner-occupants moving between houses, they don’t provide bridge loans for investors seeking to execute a fix-and-flip or BRRRR project. That’s why a lender specializing in investor-friendly bridge loans is so valuable.
How to Choose a Bridge Loan Lender
That said, not all bridge loan lenders are created equal. Here’s what to look for:
Local Lender
A local lender knows the ins and outs of your market. As a result, they can give you more tailored advice and even connect you with other professionals in the area.
Strong Track Record
How long has the lender been in business, and what do past borrowers have to say about their experience? Do your research and check out online reviews.
Fast Underwriting
Look for a lender who approves borrowers and processes loans quickly. That way, you can seize opportunities fast.
Flexible Loan Terms
Every real estate deal is unique, so you need a lender who can be flexible on loan terms and when plans change.
Top Bridge Loan Lenders
1. Asset Based Lending (ABL)
With over 15 years of experience and 7,000+ projects funded, ABL is a top choice among bridge loan lenders. Whether you need to fund a fix-and-flip or BRRRR, our local teams can help ensure your project succeeds from start to finish.
| Min Credit Score | 660 |
| Loan Sizes | $75K – $50M |
| Loan Term | 12-24 months |
| Max LTC | 90% |
| Interest Rates | As low as 11% |
| Origination Fee (Points) | 0-2% |
| Prepayment Penalty | None |
| Time to Close | 30 days or less |
| Customer Ratings | 500+ 5-star reviews |
| States Serving | 41 + D.C. |
2. Kiavi
Kiavi is a bridge loan lender based in Pennsylvania, boasting a 95% loan exit rate.
| Min Credit Score | 660 |
| Loan Sizes | $100K to $3M |
| Loan Term | 12, 18, or 24 months |
| Max LTC | 95% |
| Interest Rates | As low as 7.75% |
| Origination Fee (Points) | Varies |
| Prepayment Penalty | None |
| Time to Close | As few as 7 days |
| Customer Ratings | 4.1 average (based on 366 Google reviews) |
| States Serving | 45 + D.C. |
3. New Silver
New Silver is a bridge loan lender based in Connecticut that prides itself on having a repeat borrower rate of over 50%.
| Min Credit Score | 660 |
| Loan Sizes | $100K-$5M |
| Loan Term | Up to 18 months |
| Max LTC | 92.5% |
| Interest Rates | 9.5%-11.25% |
| Origination Fee (Points) | 1.25%-1.75% |
| Prepayment Penalty | Yes |
| Time to Close | 10 days on average |
| Customer Ratings | 3.9 average (based on 32 Google reviews) |
| States Serving | 39 + D.C. |
4. LendingOne
LendingOne is a bridge loan lender based in Florida that provides funding to individual and institutional investors.
| Min Credit Score | 680 |
| Loan Sizes | $100K-$3M |
| Loan Term | 12-24 months |
| Max LTC | 92.5% |
| Interest Rates | N/A |
| Origination Fee (Points) | N/A |
| Prepayment Penalty | None |
| Time to Close | As little as 10 business days |
| Customer Ratings | 4.3 average (across 112 Google reviews) |
| States Serving | 46 + D.C. |
5. Easy Street Capital
Easy Street Capital is a bridge loan lender based in Texas that boasts being able to close loans in as few as 48 hours.
| Min Credit Score | 600 |
| Loan Sizes | $75K-$2M |
| Loan Term | 6-18 months (w/ extension options) |
| Max LTC | 93% |
| Interest Rates | 8.9%-10.9% |
| Origination Fee (Points) | 2-3% |
| Prepayment Penalty | None |
| Time to Close | As few as 48 hours |
| Customer Ratings | 4.6 average (across 229 Google reviews) |
| States Serving | Nationwide except in LA, MN, MO, NY, SD, ND, Baltimore, Chicago, Detroit, Northern NJ) |
6. Park Place Finance
Park Place Finance is a bridge loan lender based in Texas that works with brand-new and seasoned investors.
| Min Credit Score | 660 |
| Loan Sizes | $125K-$3.5M |
| Loan Term | 12-24 months |
| Max LTC | 75% |
| Interest Rates | 9.99%-13.99% |
| Origination Fee (Points) | 1-3% |
| Prepayment Penalty | None |
| Time to Close | 3-5 days |
| Customer Ratings | 4.8 average (across 380 Google reviews) |
| States Serving | 44 |
7. Lima One Capital
Lima One is a bridge loan lender based in South Carolina and California that has funded over $10B in loans so far.
| Min Credit Score | 660 |
| Loan Sizes | $100K-$5M |
| Loan Term | 13 or 19 months |
| Max LTC | 85% |
| Interest Rates | As low as 8.45% |
| Origination Fee (Points) | N/A |
| Prepayment Penalty | None |
| Time to Close | 7-10 days |
| Customer Ratings | 4.2 average (across 296 Google reviews) |
| States Serving | 46 + D.C. |
8. RCN Capital
RCN Capital is a bridge loan lender with locations in Connecticut, North Carolina, and California and offers financing across 45 states.
| Min Credit Score | 650 |
| Loan Sizes | $50K-$2M for residential
$250K-$3M for commercial |
| Loan Term | 12-18 months |
| Max LTC | 95% |
| Interest Rates | As low as 9.20% |
| Origination Fee (Points) | N/A |
| Prepayment Penalty | None |
| Time to Close | As few as 5-10 days |
| Customer Ratings | 4.2 average (across 239 Google reviews) |
| States Serving | 45 |
Partner with ABL
The best bridge loan lenders make financing the simplest part of your real estate deal. Partner with ABL for fast, flexible funding tailored to your goals—so you can stay focused on what you do best. Pre-qualify for an ABL bridge loan today!
Notes on sources:
- All information taken from bridge loan lenders’ respective websites
- Unavailable information indicated by “N/A”