Use our Signature Bridge Loan Product to help close quickly on your next Investment Property to allow you time to convert to a DSCR or Conventional Loan. Close in your Personal Name or LLC. Use our quick close option to compete with cash offers.
Purchase, Refinance or Cash Out Refinance.
or call us at (866) 407-1599
Park Place Finance specializes in residential real estate and can fund various properties including:
Park Place Finance eliminates junk fees and has straight-forward pricing when it comes to fees associated with closing your loan.
You’ll love the ease of closing a Bridge Loan with Park Place Finance, because of our common sense underwriting. We underwrite primarily to the value of the property. No tax returns, no income verifications, an no debt ratio to qualify! To speed the process, here’s the main items you’ll need to gather:
Close Fast (TYPICALLY 3-5 BUSINESS DAYS)
Competitive Rates (Rates from 10.99%)
Nationally Trusted (Over $1 Billion Funded!)
We’ve closed over 4,000 loans and have funded over $1 Billion since 2006. We know how to help make sure your next project is profitable with our combined 50+ years of lending experience among our executive team. Call us today to help make your next investment property a success!
Bridge loans are available to real estate investors needing to close quickly on an investment property without the normal hassles of qualifying for a traditional loan. Most of our loans are refinanced or paid off within the initial 12 months of the loan, to avoid the interest carry of the bridge loan versus a traditional loan.
We can close in 3-5 days, to allow investors to remain competitive with their offers. If you need to renovate the property as well, consider using our fix and flip product instead.
Our bridge loans are underwritten in house and primarily based on the value of the property. We also ensure that the value is sustained by sales comps of similar houses in the area. We do NOT look at your tax returns, income, or job status to determine qualifications.
We traditionally lend in urban or suburban areas, on houses that are rent ready. We do not lend to mobile homes, manufactured, log cabins, or unique properties.
Use our bridge loan to purchase a rent ready house. Use our fix and flip loan to finance a property that is needing renovations prior to being rent ready or sold.
Our technology and our experience. With 4,000+ loans closed since 2006, and our average employee having 8+ years in the industry, we’ve got you covered to close fast. In certain circumstances we can even close same day.
We can look at exceptions down to 600 with compensating factors such as additional down payment or experience.
Bridge Loan
Loan Amount: $618,870.75
LTV: 75%
Bridge Loan
Loan Amount: $1,380,000
LTV: 80%
Bridge Loan
Loan Amount: $1,600,000
LTV: 58.18%
