Bridge Well Capital

About Bridge Well Capital

Bridge Well Capital is a hard money lender in Orlando, FL offering funding in 40 states throughout the United States. They provide loans for investments properties, cash out hard money loans, and fix-and-flip hard money loans. Their lending parameters are versatile, including loan amounts ranging from $75,000 to $5,000,000 with a maximum LTV of 85% and terms between 24 months and 360 months. They will consider different lending scenarios but mainly focus on single family homes and multi family residences.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Refinance / Cash Out Loans

Property Types Covered: Single Family, Multi Family

Areas Served: AK, AL, AR, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MD, ME, MI, MO, MS, MT, NC, NE, NH, NJ, NM, NY, OH, OK, RI, SC, TN, TX, VA, WA, WI, WV, WY

Lending Guidelines for Bridge Well Capital

Below are the general loan guidelines published on the Bridge Well Capital website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Bridge Well Capital.

Loan Example 1

Paul finds a condo in Houston, TX to flip and re-sell. Since he does not have enough cash to purchase the $320,000 property outright, he takes out a private money loan from Bridge Well Capital. The lender agrees to issue a loan with a 65% loan to value (LTV) so they will loan $208,000 on the project. The rate on the note is 14% for a length of 6 months and the company requires a five point origination fee at the closing. The interest is to be paid on a monthly basis and the principle amount will be paid back after the sale of the property.

By the parameters of the loan, Paul will be required to pay a $10,400 origination fee plus 35% of the sales price, or $112,000, since there is a 65% LTV. The monthly interest only payments will then be $2,427 to Bridge Well Capital. If Paul accomplishes his goal of a $416,000 total sales price when the loan expires, he would earn a gross profit of $71,040 after repaying the principle on the note and deducting the money he paid at closing, the origination points, and the total interest payments.

Loan Example 2

Karin takes out a hard money loan from Bridge Well Capital so she can renovate a townhome to re-sell in Houston, TX. The loan has the following parameters:

$240,000 sales price
75% loan to value (LTV)
6 month term
8% interest rate
2% origination fee

Once the rehab project is finished, if Karin sells the project for $360,000, the numbers would be the following:

$360,000 sales price
- $180,000 principle (75% LTV)
- $60,000 down payment (25% on 75% LTV)
- $3,600 origination fee (2% of the $180,000 principle amount)
- $7,200 interest payments (6 months x 8% interest)
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= $109,200 gross profit (doesn't include taxes or renovation costs)

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