A bridge or hard-money loan works best with a clear exit. When yours is coming due, I refinance your borrower into long-term financing, so you’re repaid on time and your capital is ready for the next deal.
How I help your clients
- Refinance-out. Your borrower moves into a DSCR loan, a conventional loan or a cash-out refinance, and your loan is paid off.
- Timing planned early. Some lenders want a few months of ownership before lending on a new appraised value, so we plan around your maturity date.
- Payoff coordinated with you. I request your payoff letter and work to your closing date.
- Fewer extensions. A planned exit means fewer borrowers asking you for more time.
- Borrowers outside your box. If someone needs long-term financing rather than a short-term loan, send them to me.
Situations I see often
- A fix-and-flip borrower has decided to keep the property as a rental.
- A bridge loan was used to buy before selling, and the old home has now sold.
- A construction loan is nearing completion and needs a permanent loan.
- A borrower is a few months from maturity with no refinance lined up.
Programs and tools
- DSCR investor loans
- Cash-out refinance
- Refinancing
- Construction & bridge loans
- Rehab & code case loans
- DSCR calculator
Questions
Can you refinance a borrower out of my loan?
Often, yes, into a DSCR, conventional or other long-term loan. Some lenders want a few months of ownership before they lend on a new appraised value, so send me the scenario well before maturity.
When should my borrower contact you?
Ideally when your loan closes, so the exit is planned from day one, and no later than a few months before maturity.
Will you work with my payoff process?
Yes. I request the payoff letter from you or your servicer and coordinate the closing date with you.
