Oakwyn is a bridge loan lender who has been providing real estate investors with hard money bridge loans for many years. Offering fast approvals and funding, competitive rates and reliable service, Oakwyn has established itself as one of the top hard money bridge loan lenders nationwide.
What are bridge loans
Our bridge loan provides short-term financing with flexible terms and fast approvals, ideal for property acquisition, refinancing, or covering the gap between transactions. Loan terms typically range from 3 months to 2 years, with closing in as little as 3–5 business days, depending on documentation availability.
We offer LTVs of up to 80% based on the property, with loan points determined on a case-by-case basis. While we consider your creditworthiness, approvals are primarily asset-based, making this a great option if you have equity in the property but less-than-perfect credit. Bridge loans usually carry higher rates than traditional bank loans due to the increased risk and short-term nature. Borrowers can repay the loan by selling the property or securing long-term financing. Whether you need $100,000 or several million, our bridge loans are tailored to meet your immediate financing needs, quickly and reliably.
Our Bridge Loans Terms
| Loan Feature | Details |
|---|---|
| Loan Application Approval Timeline | Same day approval available |
| Time to Fund Loan | 3 to 5 Working days, provided availability of necessary documentation. |
| Property Types | Single-family, multi-family, commercial, industrial |
| Loan Amounts | $100,000 to $50,000,000 |
| Loan Terms | 3 months to 24 months |
| Points | 2% |
| Loan to Value (LTV) | Up to 80% of the property |
| Interest Rates | From 7% to 14% (Interest-only with cpaital baloon paymentsor interest plus capital repayments.) |
How Does it Work?
Step 1: Apply for a Bridge Loan
Use your existing property as collateral to secure short-term financing.
Step 2: Purchase New Property
Use the funds to buy the new property without waiting to sell the current one.
Step 3: Sell Existing Property
Once sold, you can use the proceeds to repay the bridge loan.
Step 4: Convert or Close
Optionally convert the bridge loan into a long-term mortgage with better terms.
We make business lending simple!
We’re a private lending firm committed to helping real estate investors and business owners access fast, flexible financing. With asset-based solutions and a streamlined approval process, we focus on the strength of your business to get you the capital you need, when you need it.
