Borrowers Benefit from Crowded Field of Bridge Lenders
By reinvestor on May 10, 2017
Lenders chasing higher yields have crowded into the bridge lending space. And borrowers are cashing in on that competition with more favorable rates, and in some cases, more aggressive underwriting.
Bridge loan rates have dropped 25 to 100 basis points over the past 12 months, depending on the market and type of property.
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