Will a bridge lender pay off my existing loan at maturity?

Yes. Bridge lenders routinely fund maturity payoffs. The bridge loan proceeds pay off your existing lender directly at closing, and you begin payments on the bridge loan. The bridge lender's first lien position replaces the prior lender's lien.

What happens if I can't refinance out of the bridge loan?

Most bridge loans include one or two 6-month extension options (typically 0.25-0.50% extension fee). If you cannot refinance or sell by the end of all extensions, the bridge lender may foreclose. Having a realistic exit strategy before closing is critical.

Can I get a bridge loan if my property is partially vacant?

Yes. Bridge lenders are comfortable with transitional assets, 60-70% occupancy is typical for bridge scenarios. The bridge gives you time to lease up before refinancing into permanent debt at full stabilization.

What are typical bridge loan fees?

Origination fee: 1-2% of loan amount. Extension fee: 0.25-0.50% per extension period. Exit fee: 0-1% (negotiate this out if possible). Legal/closing costs: $15K-$30K. No prepayment penalty on most programs.

Published: March 31, 2026·Last updated: May 16, 2026·By Ed Freeman, Capital Advisor. PeerSense

What is the best financing for commercial real estate at 65-75% LTV?

If your commercial loan is approaching maturity and your refinance hasn't closed, a bridge loan can fund in 14-21 days to pay off the maturing debt and give you 12-36 months to secure permanent financing. At 65-75% LTV, bridge rates range from 8-12%. This prevents default, protects your credit, and preserves your equity position while you execute a permanent exit.

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder

Prime: 6.75% 10-Yr Treasury: 4.25% Est. Bridge Loan Range: 8% - 12%as of Mar 19, 2026

Commercial Real Estate

Your Loan Is Maturing, Close Bridge Capital in 2 Weeks to Avoid Default

Facing a balloon payment or loan maturity? Bridge loans close in 14-21 days to prevent default. $1M to $100M on any commercial property type. No prepayment penalty.

Minimum 30-35% equity required. Commercial property owners facing loan maturity within 90 days.

Discuss Your Commercial Real Estate Deal Call (317) 452-6990

KEY TERMS

Deal Parameters at a Glance

LTV Target

65-75%

Est. Rate Range

8% - 12%

Term

12-36 months

Recourse

Full or limited recourse

DSCR

1.0x minimum (debt yield focused)

Closing Speed

14-21 days

Min Loan Size

$1M

Loan Products

Bridge Loan

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

FIT ASSESSMENT

When Is This the Right Fit?

Use this when your balloon payment is due within 90 days and your permanent refinance hasn't closed. With $936 billion in CRE loans maturing in 2026, bridge lenders are actively deploying capital into maturity payoff scenarios. The key is moving fast, contact us before your maturity date, not after. If your property is stabilized at 65% LTV, we may be able to go directly into CMBS instead of bridge.

Want the full program overview, current rate sheet, and underwriting matrix? See the Bridge Loans guide →

ADVANTAGES

Key Benefits

Close in 14-21 days, prevent default and protect credit

No prepayment penalty on most programs, refinance out as soon as permanent debt closes

Interest-only payments preserve cash flow during transition

Asset-focused underwriting, property value matters more than borrower credit

Buy 12-36 months to stabilize, lease up, or secure better permanent terms

ALTERNATIVES

Strategic Alternatives

CMBS Permanent Financing

If your property is stabilized and you have 60+ days before maturity

Learn more

Bridge-to-Permanent

If you want to plan the bridge-to-perm exit strategy from day one

Learn more

CMBS Balloon Refinance

If your maturing loan is CMBS and you want to stay in the conduit market

Learn more

Frequently Asked Questions

With a complete submission (financials, rent roll, title), bridge loans can close in 14-21 days. Some lenders offer 10-day closings for clean deals at lower leverage. The key factor is how quickly you can deliver the required documentation.

See Related Rates by Program

PeerSense covers the full commercial capital stack. Indicative levels that lenders in our network have been pricing across these programs, as of August 1, 2026.

SBA 7(a) & 504

5.50–11.75%

Up to $5M acquisition / real estate / equipment. Equity injection is lender underwriting.

See current rates

CMBS Conduit

5.60–7.10%

10-yr non-recourse fixed, $5M–$500M+, fully assumable

See current rates

DSCR Investor

5.95–8.50%

30-yr fixed rental, qualifies on property cash flow

See current rates

Equipment Financing

5.50–12.00%

Loan, lease, SBA 504, vendor, captive. Section 179 eligible

See current rates

Hotel Financing

5.85–11.75%

CMBS + SBA 504 + bridge + PIP across all flags

See current rates

Private Credit

7.80–18.00%

Non-bank flexibility, unitranche, recap, transitional

See current rates

Invoice Factoring + ABL

0.5–3.5% / 30d

B2B receivables, trucking / staffing / construction / govt

See current rates

No-Doc CRE

7.50–11.50%

Limited-doc commercial, asset-based underwriting

See current rates

Foreign National

7.50–11.00%

Non-US borrower CRE + bridge, no SSN required

See current rates

Connect with PeerSense, Direct Capital Advisory

PeerSense pre-underwrites every deal before presenting it to our institutional capital sources. With a curated network of lender relationships and live market rate intelligence, we match your commercial real estate deal with the right capital source, right now.

Scan Your Deal (30 sec)Tell Us About Your Deal Call (317) 452-6990

Fee at closing only · Complimentary initial consultation

Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated March 2026.

Disclaimer: The information on this page is provided for educational purposes only and does not constitute financial, legal, or investment advice. Rates, terms, and availability are subject to change based on market conditions, property characteristics, and borrower qualifications. The rate ranges cited reflect approximate market pricing as of March 2026 and may not reflect current conditions at the time of reading. PeerSense is a capital advisory firm, not a lender. We do not originate, fund, or service loans. All financing is provided by third-party lenders subject to their own underwriting criteria and approval processes. Borrowers should consult with qualified financial and legal professionals before making any financing decisions.