Our Loans - Spring Garden Lending

A private lender specializing in bridge and permanent loans to acquire, rehab, construct, and refinance investment real estate properties for rent or to flip in the Philadelphia and Baltimore metropolitan markets. We are faster than a bank and less expensive than a hard money lender.

Buy Fix and Sell
Refinance
Buy Fix and Hold

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	$50,000 – $2,000,000
Loan to value	Up to 75% 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, construction to permanent
Loan amounts	$50,000 – $2,000,000
Loan to value	Up to 75% as completed value
Term	Up to 6 years

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, construction to permanent
Loan amounts	$50,000 – $2,000,000
Loan to value	Up to 75% as completed value
Term	Up to 24 months

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

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

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