BridgeCore Capital
- Shirwo Elliot
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 |
ABOUT
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.