BlackWater Funding has hundreds of sources for placing your bridge or hard money loan request.  Our funding sources include banks, REITs, hedge funds, private placement, and family offices to name a few.  BlackWater can have your loan closed in as few as 7 business days at very competitive terms.  Our principals are well know in the lending industry with many investors eager to bid on our underwritten loan packages. 

Each loan request is as unique as the clients bring them to us.  At BlackWater our underwriting process is designed to identify, early on, any issue that would keep your loan from being financed.  The early identification of property and/or clients issues is key formulating a course of action to assure each loan request is given its best chance of being funded, quickly without surprises.

Call us to discuss your need for bridge financing or send us your question at Info@BlackWaterFunding.com.  We will be happy to respond in a time frame which exceeds your expectations.

Bridge Loans Explained:

Bridge loans are often used for commercial real estate purchases to quickly close on a property, retrieve real estate from foreclosure, or take advantage of a short-term opportunity in order to secure long-term financing. Bridge loans on a property are typically paid back when the property is sold, refinanced with a traditional lender, the borrower's creditworthiness improves, the property is improved or completed, or there is a specific improvement or change that allows a permanent or subsequent round of mortgage financing to occur.

A bridge loan is similar to and overlaps with a hard money loan. Both are non-standard loans obtained due to short-term, or unusual, circumstances. The difference is that hard money refers to the lending source, usually an individual, investment pool, or private company that is not a bank in the business of making high risk, high interest loans, whereas a bridge loan is a short term loan that "bridges the gap" between longer term loans.