Dominion Financial Services (DFS), a national private lender for real estate investors announces the launch of its new Bridge Loan Program. The program features up to 100% acquisition, as well as 100% rehab financing, and interest rates as low as 9.5%. Total acquisition financing is designed to maximize investors’ operating capital; thus, they can grow their investing business.
Key Features of the new Bridge Loan Program:
- Competitive Rates: Investors can secure rates as low as 9.5% with the buydown option. They may also choose an 11% rate with no origination points.
- Comprehensive Financing: The program offers the ability to finance 100% of acquisition costs and 100% of rehab costs.
- Efficient Underwriting: DFS underwrites your deal in-house and requires no appraisal, streamlining the approval process.
- Nationwide Availability: The program is available to investors across the country.
The Dominion Difference:
Dominion Financial Services provides up to 100% loan-to-cost (LTC), a feature that distinguishes it among national private lenders. This unique offering establishes DFS as a leader in real estate investment lending.
Jack BeVier, Partner at Dominion Financial, stated, “For 22 years, Dominion has succeeded in the fix & flip lending market with a common sense approach focused on providing exceptional rates, speed & service. Our new guidelines reflect today’s market conditions and give the country’s most talented flippers & landlords a competitive advantage to thrive. We look forward to supporting these entrepreneurs and continuing to grow together.”
DFS built its original bridge loan program on years of insights, especially from the 2008 financial crisis. The program focused on borrower financial strength and expanding DFS’s reach. COVID-19 stress tests and the 2023 rate hikes influenced the new program. DFS now offers a more sophisticated and nuanced approach to bridge lending.
The new Bridge Loan Program is designed to help real estate investors grow their businesses by providing them with the capital they need to take advantage of new opportunities. With 100% financing options, competitive rates, and a streamlined approval process, DFS is empowering investors to maximize their operating capital and scale their portfolios quickly.
For more information about the new DFS Bridge Loan Program and to learn how Dominion Financial can help you achieve your investment goals, visit dominionfinancialservices.com/fix-flip-loans.
