What is the typical loan-to-value for bridge loans?

Luma bridge loans go up to 75% LTV on as-is value and up to 70% on after-repair value (ARV) for renovation deals.

Are payments interest-only?

Yes. Bridge loans are interest-only for the full term, which keeps your monthly obligation low while you execute your business plan.

What is the exit strategy requirement?

All bridge loans require a clear exit strategy: refinance into permanent debt, sell the asset, or stabilize for a long-term hold. We review your exit plan during underwriting.

Can Luma close in under 2 weeks?

Yes, when the appraisal, title, and borrower documents are received promptly. Closings in 7–10 business days are common for straightforward transactions.

What property types qualify?

Single-family, multifamily, mixed-use, and light commercial properties all qualify for bridge financing. Ground-up construction does not qualify for bridge loans (see our construction lending program).

Bridge Loans

Short-term capital for time-sensitive deals.

Loan Range$50K–$2M

Term6–24 months

Property TypesResidential & Commercial

Close Time7–14 days

What is Bridge Loans?

A bridge loan is a short-term real estate loan designed to close deals fast when traditional financing can't move quickly enough. It 'bridges' the gap between now and your long-term financing strategy — whether that's refinancing, selling an existing property, or stabilizing a value-add asset. Luma's bridge loans close in 7–14 days, giving investors the speed advantage in competitive markets.

Key benefits

Close in 7–14 days — move faster than conventional buyers
Based on the property value, not just borrower income
Interest-only payments during the term preserve cash flow
Flexible exit: refinance, sell, or stabilize
Non-recourse options available on larger transactions

Requirements

Loan Amount

$50K–$2M

LTV

Up to 75%

Term

6–24 months

Recourse

Flexible

How it works

Submit property details

Share the address, purchase price, your exit strategy, and any value-add plans. Takes 5 minutes.

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Receive a term sheet

We respond with a term sheet within 24–48 hours covering loan amount, rate, term, and points.

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Close in days, not weeks

Once you accept the term sheet, we order the appraisal or BPO and target a close within 7–14 days.

When to use Bridge Loans

The right fit for your situation

Purchase before your sale closes

Secure the new property without waiting for your existing asset to close. Repay the bridge loan when the sale proceeds arrive.

Renovation before refinance

Draw bridge funds to complete a renovation, then refinance into a DSCR or conventional loan once the property is stabilized.

Auction or competitive purchases

Auctions and competitive offers require immediate proof of funds and fast close capability. Bridge loans deliver both.

Entitled land acquisition

Bridge financing while entitlements are secured and construction financing is arranged.

FAQ

Common questions about Bridge Loans

Ready to get Bridge Loans?

Apply in 60 seconds. No hard credit pull.

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