Our Loans - Spring Garden Lending

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.

Buy Fix and Sell
Buy Fix and Hold
30 Year Fixed Rate

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.