Loan Programs > Commercial Real Estate > Bridge-to-Agency loans

Bridge-to-Agency loans

Many investors benefit from agency financing for their properties. Find out why Bridge-to-Agency lending may be a viable solution.


We offer small balance loans from $1 million to $7.5 million with floating rate terms (SOFR-based) up to two years. Whether it’s capital for acquisition, refinancing, or recapitalization, our Bridge-to-Agency loans can be a good option for multifamily investors.

Bridge-to-Agency for Multifamily Properties

Ready Capital is your single source for nationwide, small balance multifamily loans. Leveraging the firm’s Bridge expertise, Ready Capital was one of the first lenders to offer a Bridge-to-Agency product, creating a “one-stop shop” for our clients.

Loan Terms

Loan Purpose Acquisition, refinance, recapitalization
Upgrades and/or seasoning, expedited loan closings
Loan Amount $1 million to $7.5 million
(>$7.5 million for multiple properties)
Loan Term Up to 2 years, plus extensions
Rate Type Floating (SOFR-based)
Closing Timeline 30-45 days
Fees Origination generally 1%
Exit fees waived with Ready Capital take-out
In-Place DSCR/Debt Yield 5.00% DY for partial cash-flowing
Lower levels considered
Amortization Full-term; interest only (IO)
Earnouts Available based on achievement of future performance hurdles
Future Advances As needed; no interest charged on unfunded portion of loan
Escrow RE taxes and insurance
Recourse Non-recourse with standard carveouts
Prepayment Minimum interest; no lockout
Extensions 6-month or 1-year extensions available
Legal Fees Capped at $10,000

Recent transactions

View recent deals to learn how we're helping borrowers get the Bridge-to-Agency financing they need.

Nationwide lending at its best

Our team of professionals have deep industry expertise, offering brokers and sponsors commercial real estate know-how and confidence through all markets and credit cycles. ​

Get a bridge-to-agency loan quote

We'll need just a few details about you and your property to get you an accurate quote.