Bridge Loans Built for Real Estate Investors

Close on rent-ready investment properties with up to 100% LTC, not to exceed 70% of as-is value. 660 minimum FICO.

  • ✓ Up to 100% LTC
  • ✓ No Appraisal Required
  • ✓ 39 States
  • ✓ No Prepayment Penalty

Short-Term Financing That Moves at the Speed of Your Deal

A bridge loan is short-term financing designed to help real estate investors acquire properties quickly, before permanent financing is in place or before the property is sold. Unlike conventional mortgages that take 30–45 days and require extensive documentation, bridge loans close in days, not weeks, using the property’s value as the primary underwriting criteria rather than personal income.

At Ternus, our bridge loans are built specifically for investment properties that are rent-ready or need only light cosmetic work. If you’ve found a deal that won’t wait for traditional financing — a below-market rental, an off-market acquisition, or a portfolio addition that needs to close this week, a Ternus bridge loan gets you funded while you execute your strategy.

How it works: you acquire the property with short-term bridge financing, then exit the loan by selling the property, refinancing into a long-term DSCR rental loan, or completing your BRRRR strategy. The entire cycle, from acquisition to exit, typically takes 6 months or less.

Bridge Loan Terms Designed Around How Investors Actually Operate

Loan Parameter
Details
Loan Amount
$50,000 – $500,000
Max LTC
Up to 100% on eligible properties
Max LTV
Up to 70% of as-is value
Interest Rate
Starting at 12% APR
Origination Fee
Starting at 2%
Loan Term
12 months with 3-month extension option
Payments
Interest only, no prepayment penalty
Property Types
Single-family, 2–4 units, townhomes (1–4 units)
Credit Requirements
660 minimum credit score
Appraisal
No appraisal on eligible properties¹
Closing Speed
Within 7 days
Entity Requirement
LLC, LP, or Corporation with individual guarantor
Loan Purpose
None, bridge loans are for rent-ready properties
Geographic Coverage
39 states (excludes AK, AZ, CA, HI, MI, MN, NV, NH, OR, RI, VT)
¹ Appraisal and credit report may be required at Lender’s discretion based on overall risk profile. Available in select markets only.

Four Ways Investors Use Ternus Bridge Loans

Acquiring rental properties before they’re gone.

The best deals don’t wait for bank underwriting. When a below-market rental hits the MLS or better, comes to you off-market, you need financing that moves as fast as the opportunity. A Ternus bridge loan lets you lock up rent-ready properties immediately, then refinance into our long-term DSCR rental loan once the property is stabilized and leased.

Winning competitive bids with speed and certainty.

Sellers and wholesalers prefer buyers who can close fast and close certain. When you submit an offer backed by a lender with no appraisal contingency, you become the strongest bidder at the table, even if your price isn’t the highest.

Executing the BRRRR strategy.

Buy, Rehab, Rent, Refinance, Repeat but not every BRRRR property needs heavy rehab. For properties requiring only light cosmetic updates (paint, flooring, landscaping), a bridge loan with no rehab escrow and no draw schedule is simpler and faster than a full fix-and-flip loan. Acquire, make minor improvements, place a tenant, then refinance to a 30-year DSCR loan with Ternus.

Bridging the gap between acquisition and permanent financing.

Sometimes the deal makes sense today but the long-term financing isn’t ready yet, you’re waiting for a tenant to move in, waiting for a property to season, or packaging multiple acquisitions into a portfolio refinance. A 12-month bridge loan gives you the runway to get the property into position for the best permanent financing terms.