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BridgeCore Capital

Summary of all Guidelines

Loan Types Bridge Loan, Hard Money Loan, Second Mortgage
Property Types 2-4 Units, Hotel, Land Entitled, Medical Facility, Office, Retail, SFR, Special-Use
Lendding Area NATIONWIDE
Loan amount Minimum $500,000
Loan amount Maximum $30,000,000
Interest Rate Minimum 8%
Interest Rate Maximum 9%
Points Minimum 1st TD 1
Points Maximum 1st TD 1
Terms 1.5 years
Interest Only or Amortized Interest Only
Bridge Loan to Purchase 70
LTV Bridge Refi No Cash Out 70
LTV Bridge Refi Cash Out 70
Prepayment Penalty None
LTV Bridge 70
Upfront Fees Environmental, Loan Documents, Processing
LTC Rehab 70
Personal Guarantee /Recourse Required No Personal Guarantee / Non-Recourse
Fixed or Adjustable Fixed
Special Features Joint Venture, Portfolio, Residential Subdivision
Consumer Purpose Occupancy Types - 1st Mortgages No

BridgeCore Capital is a direct private bridge lender providing short-term loans secured by first trust deeds on commercial and non-owner occupied residential real estate nationwide. The Company’s founder and principal, Elliot Shirwo, has more than two decades of experience serving real estate, finance, legal and family office communities. BridgeCore Capital has an established network of trusted mortgage broker relationships and maintains strong strategic partnerships throughout the real estate industry.

BridgeCore Capital is located in Beverly Hills, CA. They offer financing for Bridge Loans, Hard Money Loans and Second Mortgages. The property type they primarily lend against is 2-4 Units, Hotel, Land Entitled, Medical Facility, Office, Retail, SFR and Special-Use. Their minimum loan amount is $500,000. Their maximum loan amount is $30,000,000. They offer loans for a minimum Term of 1 year. Maximum duration of 1.5 years. Although rates can change they are typically lending at a minimum rate of 8%. Maximum interest rate of 9%. Points charged are deal specific, but historically have charged a minimum of 1. Maximum points charged are 1.

These descriptions are limited information and meant for general reference purposes.
324 South Beverly Drive
Beverly Hills,