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Researched by the Hard Money Lenders by State team. Updated October 22, 2026. Based on each lender's published information; we did not apply for loans.
This guide covers bridge loans on investment property. Bridge loans that help a homeowner buy a new home before selling the old one are consumer mortgage products and are not covered here.
Investor bridge loan programs compared
| Program | Leverage | Term | Details |
|---|---|---|---|
| Lima One Bridge Plus | Up to 85% LTV | 13 or 19 months | Interest only; no prepayment penalty; cash-out available; closes in as few as 7 days (homepage) |
| Kiavi bridge loans | Up to 80% of after-repair value; up to 100% of rehab | 12, 18 or 24 months | Interest-only options; refinance option within six months of purchase; loans for properties held more than six months. Bridge loans in AZ, ID, NV, OR and SD are made by Figure Lending. |
| Upright bridge and stabilization | Not stated as a single figure | 6 to 24 months | Interest only; no prepayment penalty; typical close 7 days; it says most borrowers exit in 6 to 12 months by selling or refinancing into a DSCR loan |
| LendingOne bridge | Up to 100% LTC or 80% of ARV; typically 70% to 80% LTV | Not stated | Its FAQ lists the bridge program alongside fix and flip |
| Ternus bridge | 80%, 85% or 90% of purchase by credit score, capped at 70% of as-is value; Elite up to 100% of purchase and renovation, capped at 75% of ARV | Not stated on the bridge page | Elite requires 10+ completed projects in 36 months, 720+ credit and U.S. citizenship or permanent residency |
| Easy Street Capital EasyFix | Up to 93% LTC (90% of purchase, 100% of rehab), up to 75% of ARV | 6 to 18 months | Fix-and-flip and bridge product; no appraisal required; can close in 24 hours; 0 to 2 points plus a $1,995 document fee |
| Griffin Funding RTL bridge | Not stated | Typically 12 to 24 months | Interest-only payments; minimum loan $100,000; often closes in 7 to 10 days |
From each lender's own bridge or fix-and-flip page, read October 22, 2026. "Not stated" means the page does not say.
When investors use a bridge loan
- Buy fast, then refinance. Close like a cash buyer and move to long-term financing later. Kiavi offers an option to refinance within six months of purchase.
- Pull cash out of a property you already own. Kiavi's bridge loans cover properties held more than six months, and Lima One's Bridge Plus offers cash-out.
- Stabilize before a rental loan. Upright calls its program bridge and stabilization financing and says most borrowers exit in 6 to 12 months by selling or refinancing into a DSCR loan.
- Buy time to sell. Lima One positions Bridge Plus as a way to buy more time before a sale, with 13 or 19 month terms and no prepayment penalty.
What a bridge loan costs
Bridge pricing looks like fix-and-flip pricing: interest only, plus points and fees. Applying each lender's own published figures to a $400,000 loan held for 9 months:
| Lender | Advertised rate | Monthly interest on $400,000 | 9 months of interest | Published upfront fees |
|---|---|---|---|---|
| Easy Street Capital (EasyFix) | 8.90% | $2,967 | $26,700 | 0 to 2 points + $1,995 = $1,995 to $9,995 |
| Express Capital Financing | 10% to 12% | $3,333 to $4,000 | $30,000 to $36,000 | Not stated |
| LendingOne | Not published | Not published | Not published | 1 point or $2,000 (greater) + $1,395 = $5,395 |
Interest-only payment = loan x rate / 12. Advertised rates are starting rates. Title, insurance, appraisal and extension fees are extra.
Bridge loan vs fix-and-flip loan vs DSCR loan
| Bridge loan | Fix-and-flip loan | DSCR loan | |
|---|---|---|---|
| Purpose | Short-term hold, cash-out or stabilization | Buy and renovate to sell | Long-term rental hold |
| Term | 6 to 24 months (published) | 6 to 24 months (published) | 30 years, often with ARM options |
| Payments | Usually interest only | Usually interest only; rehab in draws | Amortizing or interest-only options |
| Sized on | As-is value or LTV (Lima One up to 85% LTV; Ternus capped at 70% of as-is value) | Purchase, rehab and ARV | Rent (DSCR) and value (most up to 80% LTV on purchases) |
| Advertised starting rates | Same lenders and similar pricing to fix and flip | 7.75% to 12% among 13 national lenders | 5.75% to 6.5% among 13 rental lenders |
Plan the exit before you close
A bridge loan only works if the takeout covers the balance. Suppose a stabilized property appraises at $400,000 and you owe $320,000 on the bridge loan. Most DSCR lenders we checked cap cash-out refinances at 75% of value, so the new loan tops out at about $300,000, and you would bring $20,000 plus closing costs to pay off the bridge. The rent also has to clear the new lender's DSCR minimum; test it with the DSCR calculator.
What bridge lenders look for
- Credit: Ternus sets bridge leverage by credit score (80%, 85% or 90% of purchase) and its Elite tier needs 720+. Easy Street's EasyFix minimum is 600, Lima One's 660.
- Experience: Ternus Elite needs 10 or more completed projects in 36 months.
- Loan size: Griffin Funding's minimum is $100,000; Easy Street starts at $75,000.
- Speed: Easy Street says it can close in 24 hours with no appraisal; Upright's typical close is 7 days; Griffin often closes in 7 to 10 days.
Not financial advice. Every rate and term here is the lender's own published figure on October 22, 2026; confirm current terms with the lender before you apply.
Related guides
Frequently asked questions
What is a bridge loan?
A short-term loan that covers the gap until you sell a property or replace the loan with long-term financing. For investors, bridge loans from the lenders we checked run 6 to 24 months and are usually interest only.
How long does a bridge loan last?
Published terms: Lima One Bridge Plus 13 or 19 months; Kiavi 12, 18 or 24 months; Upright 6 to 24 months; Easy Street 6 to 18 months; Griffin Funding typically 12 to 24 months.
Is a bridge loan the same as a hard money loan?
They overlap. Many hard money lenders offer bridge loans, and both are short-term loans secured by the property. A fix-and-flip loan funds a renovation in draws; a bridge loan more often finances a purchase, a cash-out or a stabilization period without a large rehab budget.
What are bridge loan rates?
Investor bridge loans come from the same lenders as fix-and-flip loans and are priced similarly. Easy Street Capital advertises rates starting at 8.90% on its EasyFix fix-and-flip and bridge product; most lenders do not publish a separate bridge rate.
How fast can a bridge loan close?
Easy Street Capital says 24 hours with no appraisal required, Lima One says Bridge Plus can close in as few as 7 days, Upright's typical close is 7 days, and Griffin Funding says often 7 to 10 days.
Can I refinance a bridge loan?
Yes; that is the usual exit. Plan for the new lender's limits: most DSCR lenders we checked cap cash-out refinances at 75% of value, so a property worth $400,000 supports about $300,000.