Urban Bay Financial
Urban Bay Financial is a debt fund that uses unique techniques to generate commercial loans, focusing specifically on commercial developers and investors around the country who need bridge loans ranging from 12-36 months, anywhere from $1 million to $100 million.
Our techniques allow us to bypass the process that most traditional institutions use. Our team works with borrowers to decide the best financing option based on their needs and ensure that the process is easy, stress free, and quick.
Urban Bay Financial
Urban Bay Financial is a debt fund that uses unique techniques to generate commercial loans, focusing specifically on commercial developers and investors around the country who need bridge loans ranging from 12-36 months, anywhere from $1 million to $100 million.
Our techniques allow us to bypass the process that most traditional institutions use. Our team works with borrowers to decide the best financing option based on their needs and ensure that the process is easy, stress free, and quick.
Urban Bay finances a variety of commercial properties which include:
- Office space and office buildings
- Retail properties such as storefronts and restaurants
- Industrial buildings such as those used as manufacturing centers, factories, and storage facilities
- Multi-Family Housing that contains five or more units within one or more buildings within one complex. These include apartments, condos, duplexes, and townhomes.
- Fix & Flips
- Ground up construction
- Pre-Development/Land Deals
How do you know if you qualify for a Commercial Mortgage Bridge loan with Urban Bay?
While the qualifications for commercial mortgage bridge loans vary among lenders, Urban Bay looks at the following criteria:
Liquidity & The property being purchased
We consider factors such as the location of the property, its condition, its appraised value, and any existing liens.
Your financial ability to pay back loans
We assess your financial health by looking at several factors including your debt-to-income ratio and your debt-service coverage ratio.
Your credit history
We review your credit history for derogatory marks such as bankruptcy and liens, which may suggest you are a risky borrower. However, having a low credit score does not automatically disqualify you from receiving the loan
Some other properties that we finance as specialty products are:
- Hospitality buildings such as hotels and lodging properties
- Trailer Parks
- RV Parks
