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Bridge Loans in South Bend, IN

Find lenders offering bridge loans in the South Bend, including Mishawaka, Elkhart, Granger, and surrounding areas. Compare rates, terms, and programs from 42 lenders.

Lenders
42
Typical Rate
8% - 12%
Down Payment
20-30%
Term
6-36 months
Closing Time
1-3 weeks

Bridge Lenders Serving South Bend

42 lenders offering bridge loans in the South Bend, IN area.

Merchants Capital

Local

Indianapolis, IN

Bank-backed commercial lender active in 47 states. Over $6.8B in financing. Specializes in multifamily, affordable housing, and healthcare.

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PNC Bank, National Association

SBA

WILMINGTON, DE

One of the largest U.S. banks, offering SBA 7(a) and 504 loans, commercial real estate, equipment financing, lines of credit, and comprehensive treasury management. Full-service business banking across the eastern United States.

68 SBA loans
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Acore Capital

New York, NY

Commercial real estate finance company providing bridge, mezzanine, and preferred equity. $20B+ in originations. Institutional-quality deals.

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Anchor Loans

Thousand Oaks, CA

One of the largest hard money lenders in the US. Fix-and-flip, bridge, and rental loans. Fast closings with competitive terms for experienced investors.

$100K – $10M
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Arbor Realty Trust

Uniondale, NY

Major CRE lender and REIT. Bridge, permanent, and agency financing. Specializes in multifamily and commercial properties.

$1M – $100M
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Berkadia

Ambler, PA

Joint venture of Berkshire Hathaway and Jefferies. Commercial mortgage banking, investment sales, and servicing.

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Broadmark Realty Capital

Seattle, WA

Private real estate lender offering bridge, construction, and land loans. Now part of Ready Capital. Loans from $500K to $25M+.

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CBRE Capital Markets

Dallas, TX

Global CRE services and capital markets. Arranges debt and equity for all commercial property types.

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Civic Financial Services

Redondo Beach, CA

Private money lender for residential investment properties. Bridge and DSCR rental loans. Subsidiary of Pacific Western Bank.

$100K – $5M
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Constitution Lending

NJ

Hard money lender focused on new investors. Fix-and-flip and bridge loans with 9.5-12% rates. No experience required. Up to 90% LTV for renovation.

$100K – $2M
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CoreVest Finance

Irvine, CA

Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.

$200K – $50M
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Cushman & Wakefield

Chicago, IL

Global CRE services firm with extensive capital markets and financing capabilities across all commercial property types.

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Easy Street Capital

Austin, TX

Investment property lender specializing in fix-and-flip, bridge, and DSCR rental loans. Loans approved in 24 hours, close in 48 hours. Min credit score 600.

$75K – $5M
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Greystone

New York, NY

Full-service commercial real estate lending platform. Agency, bridge, mezzanine, and permanent financing. Top Freddie Mac and FHA lender.

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Groundfloor

Atlanta, GA

Real estate lending platform offering fix-and-flip and bridge loans. Crowdfunding model provides competitive rates for borrowers.

$75K – $2M
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South Bend Commercial Real Estate Market

South Bend's commercial real estate market is anchored by the University of Notre Dame, whose endowment-driven spending and research activities generate demand for office, retail, and hospitality properties, particularly along the Angela Boulevard and Eddy Street Commons corridors. The city's downtown has experienced a revitalization with the completion of the Studebaker Building redevelopment and investments in the Renaissance District. The Elkhart-Goshen corridor to the east is the RV manufacturing capital of the world, with Thor Industries, Forest River, and Jayco driving specialized industrial demand. South Bend's relative affordability and Notre Dame's presence create an unusual combination of institutional stability and low entry costs for CRE investors.

Key Economic Drivers

  • University of Notre Dame institutional spending and Innovation Park tenancy
  • Elkhart-Goshen RV manufacturing corridor (Thor Industries, Forest River, Jayco)
  • Downtown Renaissance District and Studebaker Building adaptive reuse
  • Beacon Health System medical campus expansion

Market Insight

The Elkhart-Goshen corridor produces roughly 80% of all recreational vehicles manufactured in the U.S., creating a highly specialized industrial CRE market where demand and vacancy track closely with consumer confidence and interest rate cycles.

Bridge Loans in South Bend, Indiana

Commercial bridge loans provide short-term financing (typically 6-36 months) to acquire, renovate, or stabilize a property before securing permanent financing or selling. They close fast and offer flexibility that traditional loans can't match. In the South Bend metro area, borrowers can access 42 lenders offering Bridge financing, including Mishawaka, Elkhart, Granger, and surrounding areas. Loan amounts typically range from $250K to $50M with rates from 8% - 12%.

Who Should Consider Bridge Loans?

  • Value-add acquisitions
  • Renovations before refinance
  • Properties not yet stabilized
  • Time-sensitive deals

Key Requirements

  • Clear exit strategy (refinance or sale)
  • Sufficient equity or down payment
  • Property with upside potential
  • Borrower experience (preferred)

Advantages

  • Extremely fast closing
  • Flexible underwriting
  • Interest-only payments
  • Finance properties conventional lenders won't touch

Considerations

  • Higher interest rates
  • Short term requires exit strategy
  • Origination fees (1-3 points)
  • Prepayment penalties possible

Bridge Loans in Other Indiana Cities

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