iBorrow provides short term bridge financing to commercial property owners. They’ve completed over $250 million worth of transactions and lends on all property types throughout the United States. Their rates range from 8%-11%. They can lend up to 65% LTV, and they fund loans within 2-4 weeks. There are no reviews available online for iBorrow.
|Business Address||12100 Wilshire Blvd, Los Angeles, CA 90025|
iBorrow Rates & Terms
|Types of Properties||All commercial property types except raw land, no construction|
|Loan Amount||$2 million - $30 million|
|LTV||Up to 65% LTV|
|ARV||Information not available|
|Interest Rates||8% - 11%|
|Lender Fees||Varies per project and borrower|
|Loan Terms||Up to 3 years|
|Minimum Qualifications||First trust deed only|
No personal guarantees required
|Typical Time to Funding||2 weeks|
|Other Financing Available||Purchase loan|
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
States Currently Lending In