Short-term loans, typically taken out for a period of 2 weeks to 3 years, pending the arrangement of larger or longer-term financing.
| Loan Program | |
|---|---|
| Loan Type | Bridge |
| Property Types |
|---|
| Condos, Residential, Small Multifamily, Townhomes |
| Loan Economics | |
|---|---|
| Loan Amount | $75k to $5m |
| Loan Term | 12 to 24 months |
| Origination Fee | 1 to 2 points |
| Interest Rate | 8.50% to 12.00% |
| Loan-to-Value (Max) | 75% |
| Payment Structures | Interest-Only |
| Loan Profile | |
|---|---|
| Second Position Loans Allowed | no |
| Appraisal Required | yes |
| BPO Allowed | no |
| Prepayment Penalties | no |
| Property Profile | |
|---|---|
| Owner-Occupied Properties Allowed | no |
| Borrower Profile | |
|---|---|
| Credit Check Required | yes |
| Min Fico Score | 620 |
| Foreign Nationals Allowed | yes |
| Personal Guarantee Required | yes |
Fix-and-flip loans are short-term loans used by real estate investors to purchase and improve a property to then sell for a profit or refinance.
| Loan Program | |
|---|---|
| Loan Type | Fix & Flip |
| Property Types |
|---|
| Residential, Small Multifamily, Condos, Townhomes |
| Loan Economics | |
|---|---|
| Loan Amount | $75k to $5m |
| Loan Term | 6 to 18 months |
| Origination Fee | 1 to 2 points |
| Interest Rate | 8.50% to 12.00% |
| Loan-to-Cost (Max) | 95% |
| Payment Structures | Interest-Only |
| Loan Profile | |
|---|---|
| Second Position Loans Allowed | no |
| Prepayment Penalties | no |
| Property Profile | |
|---|---|
| Owner-Occupied Properties Allowed | no |
| Borrower Profile | |
|---|---|
| Personal Guarantee Required | yes |
RBI Mortgages (formerly RBI Private Mortgages) is a direct hard money lender serving New York, Florida, and Texas, focused exclusively on residential investment properties. Founded in 2015, the firm has funded hundreds of transactions across single-family homes, condominiums, and small multi-family properties with 2 to 4 units.
RBI Mortgages offers a range of financing options, including residential and commercial bridge loans, with loan amounts from $75,000 to $5 million. Competitive pricing and, in many cases, no prepayment penalties make their programs well-suited for both short-term and repeat investors.
Investors can submit a loan proposal and receive a response within 48 hours to determine deal eligibility. Whether you are purchasing, refinancing, or repositioning a single-family home, condo, or small apartment building, RBI Mortgages provides fast, dependable funding across New York, Florida, and Texas.
RBI Private Lending today announced it has been ranked the 3rd Top Construction Lender in the U.S. by Scotsman Guide Magazine, a monthly business-to-business trade publication for mortgage originators published by Scotsman Guide Media.