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BLC offers a wide variety of financing programs for apartment owners and developers nationwide.  We offer many programs that provide up to  90% financing for acquisitions, new construction and substantial rehabs.
 
As a direct lender, we have flexibility and can underwrite on future rents as well as provide rehabilitation financing for properties that have low occupancy and/or suffer from deferred maintenance.  We carefully explore all finance options and develop strategies to meet our clients goals.   
 
We have extensive experience in underwriting and funding deals for:
  • Conventional
  • New Construction
  • Substantial Rehab
  • Distressed/Turnaround Properties
  • Tax Credits
  • Blanket Mortgages
  • Section 8 (HAP Contract) Properties
  • USDA
  • Low Income Housing Tax Credits
  • Rural Affordable Housing
  • Non Profit Affordable Housing

To see the Bedford Lending difference, please review our recent loan closings.

 

Programs
Loan Amount
LTV
Features
Small Loan Balance
$250,000 - $2,000,000
80% - 85%
Low rates ,10-30 year fixed.
5 Day Approvals Up to 85% Financing
Large Loan Program
$2,000,000 - No Max
Up to 90% on acquisitions
Low rates,10-30 year fixed
85-90% Financing
Stated Income (Low Doc)
$250,000 - No Max
Up to 80%
No tax returns, no bank statements.
Mixed Use
$250,000 - No Max
80% - 85%
Low rates, up to 40% commercial.
Construction/ Substantial Rehab
No Min, No Max
90% - 95%
40 year, fixed rate, non recourse.
Mezzanine
Minimum $5,000,000
85% - 90%
High leverage, one closing.
HAP Contract
$250,000 - No Max
80% - 85%
Low rates, 10-30 year fixed.
HUD Acquisition & Refinance
No Min - $50,000,000
85%
35 year fixed. Allow 7.5% seller financing.
Bridge
Minimum $500,000
70% - 80%
12-24 month terms, 45 day closing
Speciality - Interest Only, No Doc, etc. PLEASE CALL
$1,000,000 - No Max
80% - 85%
Lower monthly payments, low interest rates.
 
 
 
 
 
Loan Options
Cash Out
80-90% LTV
5-35 Year Fixed Rates
Lowest Interest Rates
40 Year Amortizations
Non-Recourse Options
Second Mortgages
Blanket Mortgages
New Construction
 
Property Types
Garden Style
Student Housing
Section 8