Bridge Loans in Alexandria
Fast, Flexible Approval & Funding for Developers
Our bridge loans are perfect for borrowers in Alexandria whose projects do not meet traditional lenders’ standards or who simply need to act more quickly than traditional lenders are willing to move. Our preference is to finance senior debt on income-producing properties with low loan-to-value ratios. However, we will consider any commercial real estate loans that meet our lending parameters.
Highlights of Our Bridge Loans Alexandria Real Estate Investors & Developers
Our interest-only bridge loans are a quick and flexible option for developers in Alexandria. We offer fast funding and fast approval for bridge loans in the area. Our lending parameters include:
- Loan Amount: $250,000 - $5,000,000
- Term: 6 months - 2 years
- LTV: Up to 65% LTV
- Recourse: Yes
- Pre-Payment Flexibility: Yes
- Lending Area: Alexandria, and the surrounding Washington DC, Maryland, and Virginia area
Residential Bridge Loans
- Non-owner occupied 1-4 residential, condominium, townhomes
- Multifamily (5+ units) apartments
- REO and foreclosure purchases
Commercial Bridge Loans
- Office, industrial, retail, hospitality
- Mixed use properties
- Vacant or leased buildings
- Mortgage and property pools
Construction Bridge Loans
- Final stage residential and commercial
- Entitled land and lot loans
- Fix and flips
- Remodel and rehabilitation
About Our Borrowers
We provide bridge loans to real estate investors and developers in the Alexandria area. We require no minimum FICO credit score, no maximum debt to income ratios, and we include all types of income (including self-employed) when underwriting and funding our loans.
Looking for a Bridge Loan in the Alexandria Area?
Great Jones Capital is a private direct lender with the financial resources to fund loans up to $5 million when banks will not. Because we underwrite and fund our loans in-house, we can offer easy qualification standards compared to traditional lenders. Whether you plan to purchase, refinance, or improve your real estate asset, we have the flexible alternative financing in Alexandria for your situation.
If you’re a developer in Alexandria and need fast approval and funding on a short term loan, contact the private direct lenders at Great Jones Capital to apply now.