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
* ^
Areas Served
iBorrow
855-935-0290
Address
12100 Wilshire Blvd., Suite 510
Los Angeles, California
12100 Wilshire Blvd., Suite 510
Los Angeles, California
Year Established
2013
2013
Number of Employees
11 to 50
11 to 50
We Work With
Borrowers, Brokers
EmpireFunders, 2093 Philadelphia Pike #7979, Claymont, Delaware, 19703