Payoff early without the hassle of a prepay penalty.
iFundRehabs 24 Month IO Bridge offers a no prepayment penalty OR DSCR requirements. Cash-out on a property while still on the market to purchase a new investment property! No need to wait for your property to sell!


What is a Bridge Loan?

A Bridge Loan is a 24 month, interest only loan that investors use for a property until they secure a permananent loan or remove an existing obligation. This type of loan allows the client to meet current obligations by providing immediate cashflow.

Info to consider

Minimum Property Value: $75K

Minimum Loan Value: $45K*

Loan amount caps in place based on credit score:
  • Portfolio Loans: $80K min. property value, $250K min. loan value.
  • Single Asset loans: Add 112.5 BPs on loans under $75K; 75 BPs on loans $75K-$99,999. 5 bps-37.5 bps deduct on loans $200K+
  • 24 Month I/0: $75K min. loan value

$100K min. property value (mpv) for properties in Baltimore, Philadelphia, and D.C. $125K mpv for SFR properties and $75K mpv per unit for 2-4 unit properties in Cuyahoga and Cook Counties.
Additional requirements and stipulations apply for LTVs above 75% and DSCRs  < 1.0.

Bridge Loans
Loan Purpose
  • Bridge to long-term finance
  • Cash-out to finance improvements
  • Cash-out to purchase another property
Interest Rate9-13%
Loan Amount$100k - $10mm
Term12-24 Months
Borrower TypeEntity or Individual
Maximum Loan-to-Value (LTV)75%
PROPERTY TYPESNon-Owner Occupied:
  • Single Family Residences (SFR)
  • 2-4 unit properties
  • Condos
  • Townhomes