Our Loans

A private lender specializing in bridge loans to acquire, rehab, construct, and refinance investment real estate properties for rent or to flip in the Philadelphia, Baltimore, Washington, DC, and Pittsburgh metropolitan markets. Spring Garden Lending also provides 30 year fixed rate financing for rental properties. We are faster than a bank and less expensive than a hard money lender.

Borrower types Individuals and entities
Personal guarantees Required
Property types 1–4 family, multi-unit mixed use, commercial, land
Loan types Acquisition, land, construction, refinancing, rehab
Loan amounts Up to $4,000,000 +
Loan to value Up to 70% as completed value
Term Up to 24 months interest only

Underwriting

  • Credit score 680+
  • 2 years business history
  • Status: no bankruptcy, tax liens or judgments



  • Appraised value up to 75%
  • Debt service coverage ratio 1.25






Borrower types Individuals and entities
Personal guarantees Required
Property types 1–4 family, multi-unit, mixed use, commercial, land
Loan types Acquisition, land, construction, refinancing, rehab
Loan amounts Up to $4,000,000 +
Loan to value Up to 70% as completed value
Term Up to 24 months interest only

Underwriting

  • Credit score 680+
  • 2 years business history
  • Status: no bankruptcy, tax liens or judgments



  • Appraised value up to 75%
  • Debt service coverage ratio 1.25






Borrower types Real estate entities
Personal guarantees Required
Property types 1–4 family, multi-unit (up to 40 units), some mixed use, portfolio
Loan types Acquisition, refinance, cash out refinancing
Loan amounts $100,000 – $10,000,000
Loan to value Up to 80%
Term Up to 30 years fixed rate

Underwriting

  • 2 years business history
  • Status: no bankruptcy, tax liens or judgments



  • Appraised value up to 70%
  • Debt service coverage ratio 1.20






 

Additional Loan Info

 

See how Spring Garden Lending is "Growing Our Neighborhoods" in Philadelphia.

See how Spring Garden Lending is "Growing Our Neighborhoods" in Baltimore.

See how Spring Garden Lending is "Growing Our Neighborhoods" in Washington, DC.

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