Our Loans

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.

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".

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