Bridge Loans

Dominion is a direct lender for most situations where a borrower, property, or the “story” requires financing solely based upon the asset and perceived risk for repayment. Dominion finances all income-producing property types nationwide.

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General Parameters

Lending Area:

Eligible Properties:

Loan Amounts:

Loan Types:

Collateral:

Participation:

Interest Rate:

Terms:

Debt Service Coverage:

Loan to Value:

Recourse:

Assumability:

Prepayment:

Due Diligence Cost:

Loan Fee:

Reserves:

Nationwide (urban & suburban locations preferred)

Multi-family, mixed-use, office, retail, industrial, hospitality, single tenant, special purpose, assisted living, medical office buildings, and residential (case-to-case basis)

$1,000,000 to $20,000,000

Refinance, purchase, rehab, and turn around situations

First or second lien positions and assignment of rents

Dominion may have several investors invested in the deed of trust. The various participants may have a fractional interest in the transaction, which will be fully disclosed prior to making the loan.

Fixed & Variable at 8%-14%

12 to 36 months, interest only

Case by case basis

Up to 65% except for multi-family 70%

Personal recourse from borrower and/or other qualified applicant

Non-assumable

6-month guaranteed interest

To include, but not limited to, site inspection, appraisal or appraisal review, environmental study, legal, title, documents, and other due diligence

3% to 4%

TBD based on loan situation

*All rates and terms are subject to change and subject to underwriting and due diligence.