Marquee Funding Group has successfully funded a $4,500,000 blanket bridge loan collateralized by both a departing residence and a new purchase. This strategic financing solution highlights Marquee’s expertise in structuring creative loans that allow borrowers to transition between properties without the delays and restrictions of conventional lenders.
The loan was structured with an interest rate of 10.25%, a loan-to-value ratio of 65.45%, and secured in both 1st and 2nd trust deed positions. This dual collateral structure enabled the borrower to leverage equity from their departing residence while simultaneously acquiring their next property. The 65.45% combined LTV reflects conservative underwriting that safeguards investors while still providing the borrower with ample liquidity.
Bridge loans play a critical role in competitive real estate markets, where timing is everything. Traditional lenders often require the sale of an existing property before funding a new purchase, creating a gap that can cause borrowers to miss out on opportunities. Marquee’s blanket bridge loan eliminates this problem by allowing both properties to be tied into a single loan structure, giving the borrower maximum flexibility to move forward quickly.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
