A bridge loan is short-term, asset-based, business-purpose capital used to span the gap between a purchase and a takeout, refinance, or sale. The capital source looks at the collateral, the work, and the exit — not a W-2 story. This desk brokers those files. We do not fund them.
What it is used for
Typical stories: close a purchase that will not wait for permanent financing, hold through a rehab or lease-up, or buy time while a longer product is assembled. If the plan is a long-term rental whose rent covers PITIA, that is usually a DSCR conversation, not this one. Fix-and-flip private-money files also live on hardmoney.broker — same GI Realty desk, different spoke.
How it is usually structured
- Interest-only monthly payments during a short term
- Points (origination) paid at close
- A loan sized against cost (LTC) and after-repair value (LTARV)
- An exit: sale, refinance, or a different hold product
Run the estimate on the Bridge Loan Carry Calculator. Caps, rate, and points there are your assumptions — not GI quotes.
Working definition
min(project cost × LTC, ARV × LTARV) — LTC only if ARV is omitted
monthly IO × term months + points
The live calculator on /calculator uses these formulas. Carry and exit are labeled separately.
Business purpose / no owner-occupied
This desk is non-owner-occupied, business-purpose only. If you intend to live in the property, stop. We do not desk consumer mortgages or primary residences.
Broker, not a lender
GI Realty packages and shops the file. The capital source underwrites and, if it funds, funds. Nothing on this site is a commitment to lend, a lock, or a credit decision.