a short-term bridge loan on a property in Indianapolis.
I own 3.46 acres at 6220 E Southport Rd (Parcel 3003200). The title is clear except for one disputed city cleanup lien from a 2025 code enforcement action. That lien is being contested in federal court, with a preliminary injunction motion pending to vacate or stay it. No other encumbrances.
I’m looking for a small bridge loan of $45,000 to $50,000 (interest-only, 6-month term, balloon at maturity) to cover a recent tax delinquency and property prep ahead of resolution. My exit is lien vacatur through the federal case or settlement, followed by sale or refinance.
Can you lend on a property with a disputed junior cleanup lien in active federal litigation? What are your typical rates, points, LTV, and closing timeline for this scenario? Do you require payoff of the lien at closing, or can it be subordinated?
I can email the property details, federal case info, and treasurer notice right away. Who should I send them to for a quick pre-approval quote?"
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