Max leverage
Up to 80% LTV
Loan size
Up to $5M
Term
12 months · interest-only
Prepay penalty
None
Program terms reviewed by Jay Beach, SVP Investor Portfolio Lending ·
When to use a bridge loan
Use a bridge loan when speed matters more than rate: winning a competitive purchase, buying a property that won't yet qualify for permanent financing, or unlocking equity to act on the next deal. Because there's no prepayment penalty, you can refinance into a DSCR loan the moment the property is stabilized.
Bridge to DSCR — the BRRRR exit
The classic move is bridge-to-DSCR: acquire and reposition with bridge capital, rent it, then refinance into a 30-year DSCR loan and pull your cash back out. Mortava funds both ends of that cycle, so the handoff is seamless.
Frequently asked questions
What is a bridge loan?
A bridge loan is short-term, interest-only financing used to acquire or reposition a property quickly before refinancing or selling.
Is there a prepayment penalty on bridge loans?
No. Mortava bridge loans carry no prepayment penalty, with terms up to 12 months and amounts up to $5M.
How fast can a bridge loan close?
As few as 5–10 days, since qualification is asset-based.
What credit score do I need for a bridge loan?
Most bridge programs start at a 620 FICO.