Affiliated. Lending

Paid at closing.

Bridge financing that pays off your lender and carries the property to the sale

Request a loan Estimate your payoff
65%Maximum loan-to-value, first lien
10–14%Simple interest, accrued to payoff
$0Monthly payments or upfront costs
2 weeksPossible closing, with due diligence in hand

Bridge lending

We pay off your lender. You pay us when it sells.

Your project is finished, but the construction loan is maturing and your capital is tied up until closing. Affiliated Lending takes out your construction or prior lender and carries the property through the sale. You make no monthly payments and pay nothing out of pocket. Interest, fees and closing costs come off the closing statement.

How it works
Seller's closing statementIllustration only
Contract sales price$1,150,000
Payoff to Affiliated Lending
Principal($520,000)
Interest, 7 mo. at 12%($36,400)
Origination and exit fees($10,400)
Commissions and closing costs($69,000)
Cash to seller$514,200

How it works

From maturing loan to closed sale.

  1. 1.

    Send us the property

    Address, current lender and payoff, where the project stands, and your plan to sell.

  2. 2.

    We value it and quote

    We confirm as-is value and issue a term sheet for up to 65% of it.

  3. 3.

    We pay off your lender

    Your construction or prior lender is paid in full at our closing, as soon as two weeks out when title, valuation and entity documents are ready.

  4. 4.

    You sell, we're repaid

    Principal, interest and fees are paid from the sale proceeds on the closing statement.

Who we lend to

Built for the gap between finishing and closing.

Fix-and-flip investors

The rehab is done and the house is listed, but your money is stuck in it. Replace the hard-money loan and pull equity out for the next acquisition.

Builders and developers

Your construction loan matures before the units sell. Refinance it into one loan that runs to the sale, with no payments in between.

Owners under lender pressure

Extension fees, default rates or a payoff demand from your current lender. We can step in when there is real equity and a clear exit.

Estimate a deal

See what you'd owe at closing.

Enter your numbers. The estimate updates as you type and is laid out the way it would appear on your closing statement.

Property and loan
What the property is worth today, finished or nearly finished.
Estimate of attorney fees, lien searches, survey, association estoppels and title insurance. Financed into the loan.
Rate, fees and sale
10% to 14%, simple.
0% to 3% of loan.
0% to 1.5% of loan.
Commissions and seller closing costs.
Estimated closing statementRate 12% simple
Contract sales price
Payoff to Affiliated Lending
Principal, incl. loan closing costs
Interest
Origination fee
Exit fee
Processing and appraisal review fee
Commissions and closing costs
Cash to seller

This is an estimate for planning only and is not a loan offer or commitment. Your rate, fees and closing costs depend on our valuation, title review and underwriting. Each loan file also carries a $1,500 processing and appraisal review fee. Additional fees may apply, including but not limited to attorney fees, lien searches, survey, association fees and title insurance.

Loan terms

The program at a glance.

Lien positionFirst mortgage
Loan sizeUp to 65% of as-is value, by appraisal or broker price opinion
Interest10%–14% per year, simple interest, accrued and paid at payoff. The rate depends on the property, loan-to-value and timeline.
Origination fee0%–3% of the loan amount, paid at closing or from sale proceeds
Exit fee0%–1.5% of the loan amount, paid at payoff
Processing and appraisal review$1,500 per loan file, paid at closing or from sale proceeds
Monthly paymentsNone
Out-of-pocket costsNone required. Fees and closing costs can be paid at closing or from sale proceeds.
Additional costsBorrowers pay third-party and closing costs, including but not limited to attorney fees, lien and municipal searches, survey, association estoppel fees and title insurance.
Time to closeAs soon as 2 weeks when title, valuation, survey and entity documents are in hand. Longer when that due diligence is still outstanding.
Term6–12 months, with extensions available
UsesPay off a construction, hard-money or other prior lender; cash out for your next project
BorrowerLLC, corporation or other entity, for business purposes. Personal guaranty from principals.
PropertyFlorida 1–4 unit residential and small commercial, completed or substantially completed. Not owner-occupied.
RepaymentFrom the sale or refinance of the property

Request a loan

Tell us about the property.

Fill in what you know and send it. Your request comes straight to us, and we'll follow up with questions or a term sheet.

Borrower
Property

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