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iBorrow

Nationwide Direct Commercial Bridge Lender

iBorrow is a nationwide direct commercial bridge lender based out of Los Angeles, California.

Our loans are non-recourse and we primarily focus is on the value of the underlying asset rather than a borrowers credit score or income.

With our loan program we can fund deals from $2 million up to $40 million on all commercial and industrial properties in major cities across The USA.

No loans for land

No loans for ground-up construction

Lending Guidelines

Amounts
$2m - $40m
Rates
7.5% - 12%
LTV
65%
LTC
65%
Origination Fee
1% to 2%
Term Length
6 to 36 months
Closing Time
14 to 21 days

Loan & Property Types

Loan Types
  • Investment Property
  • Refinance
  • Bridge
  • Cash-Out
  • Fix and Flip
  • Property Types
  • Mixed Use
  • Multi-Family
  • Commercial Properties
  • Office
  • Retail
  • Senior Living
  • Warehouse
  • Hotel
  • Entitled Land
  • Loan Parameters & Fees

    Parameters
    Credit check required


    Interest-only loans

    Lend to forgien nationals

    Owner-occupied property allowed

    Will lend on purchases from auctions

    Does property have to be under contract

    Will provide proof of funds letter

    Has pre-payment penalities

    Minimum FICO score

    2nd position loans

    Lends on land

    Lends to first time borrowers

    Lends on ground-up construction

    Fees
  • Deposit

    *

  • Appraisal
  • *

    = upfront,

    ^

    = 3rd party

    Areas Served

    iBorrow

    855-935-0290
    Website
    Address
    12100 Wilshire Blvd., Suite 510
    Los Angeles, California
    Year Established
    2013
    Number of Employees
    11 to 50
    We Work With
    Borrowers, Brokers

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