Bridge Loans Built for Real Estate Investors
Buy or refinance stabilized, rent-ready investment properties with 80%, 85% or 90% of the purchase price, set by your credit score, capped at 70% of as-is value. 620 minimum FICO. Subject to underwriting and final approval.
Bridge Loans vs. Fix-and-Flip Loans: Same Speed, Different Strategy
Both products share the same DNA: short-term, asset-based financing that closes fast and requires minimal documentation. The difference comes down to what you’re doing with the property after closing.
Bridge Loan
The property is stabilized: habitable, with no rehab needed and no open code case or placard. There’s no renovation budget, no draw schedule, and no rehab escrow. You’re acquiring a stabilized asset and holding it short term while you execute your exit strategy, whether that’s a refinance, a lease up, or a resale.
QuickTern Fix-and-Flip Loan
The property needs significant renovation before it can be sold or rented. Ternus’s QuickTern fix-and-flip program funds up to 100% of the approved renovation budget through draws. Each draw is released after completed work is verified. Draw fee $250, paid by card.
Not sure which loan fits your deal? Call (972) 755-1880 — our team will tell you which product fits your deal.
What Sets Ternus Bridge Loans Apart
Up to 100% for experienced investors
Bridge loans fund 80%, 85% or 90% of the purchase price, set by your credit score, capped at 70% of as-is value. Experienced investors who qualify for our Elite program can get up to 100% of the purchase price and renovation, capped at 75% of ARV (10 or more completed projects in the last 36 months, a 720+ credit score, U.S. citizen or permanent resident, purchase plus renovation of $800,000 or less; not available in every market). Subject to underwriting and final approval.
Close Quickly
We move as fast as your file does, with fast, clear answers and minimal documentation — no tax returns, no income verification. Closing timelines depend on your documents and are subject to underwriting and final approval.
Streamlined underwriting.
Ternus underwrites the asset, the deal and your credit score, which sets your leverage band (620 minimum). On loans up to $500,000, an on-site valuation can take the place of a full appraisal.
Built by investors, for investors
Ternus was founded by real estate investors who got tired of lenders that didn’t understand how deals actually work. We know the difference between a deal that pencils and one that doesn’t — and we structure financing accordingly.