Bridge refinance in Indiana

Kevin Cecchine
Member since 2026 · 10 posts · 3 votes
3d
At a $76.4k payoff against a $165k ARV you are only around 46% of value, which is usually an easy LTV for an asset-based bridge desk — the bottleneck is almost always product and clock, not leverage. A few things that tend to beat waiting on a slow DSCR path when you need to close by October 28: (1) ask for a true short-term refinance/bridge with no rehab draws since you are not requesting rehab funds, (2) push for an AVM or waived interior appraisal given the equity cushion, and (3) have the current payoff letter, insurance binder, and vesting ready so title can open immediately. Twelve-month interest-only asset-based is a common ask at this loan size; the trade is usually rate and points for speed versus forcing the DSCR file to finish.
Kevin Cecchine at ION Capital Solutions is a broker with access to 150+ lenders and no upfront fees — happy to help you compare a couple of Indiana asset-based bridge options against that October 28 close if useful.
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- Rob Austin
  OP
  Member since 2024 · 34 posts · 18 votes
  3d
  Is this something you can do?
  0 Reply
- Kevin Cecchine
  Member since 2026 · 10 posts · 3 votes
  3d
  Send me a DM, I need more details, but I believe so
  0 Reply
Jiao Liu
Lender · Houston, TX · Member since 2026 · 39 posts · 10 votes
3d
Hi Rob — I may be able to help with this. I arrange bridge financing for investors, and your timeline looks doable. A few details so I can run real numbers:
1. What kind of property is it, and is it rented or vacant right now?
2. Is the $76,429 the full payoff? And what's driving the October 28 deadline — a maturing loan?
3. How much do you want to borrow in total — just the payoff, or payoff plus cash out?
4. Once the bridge is in place, what's the exit — refinance or sale, and roughly when?
Send me those and I'll get back to you fast with actual terms.
Jiao Liu
Eirvale Financial Services
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- Rob Austin
  OP
  Member since 2024 · 34 posts · 18 votes
  3d
  1.) A rented single family house.
  2.) That is the full payoff and yes, the existing bridge loan is due the 30th.
  3.) Just the payoff.
  4.) Refinance in April next year (6 months, 1 year after purchase
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Jonathan Sawyer
Phoenix, AZ · Member since 2026 · 8 posts · 4 votes
3d
If you need some quick private money lenders as well as the exit to permanent financing shoot me a dm. Usually we can close on the bridge in 4-5 days
1 Reply
- Lee Burns
  Investor · Chicago, IL · Member since 2018 · 334 posts · 160 votes
  2d
  Hey Jon, I sent you a connection request. I'd like to hear more about your bridge loan experience and terms
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Derek BrickleyBusiness Member
Lender · Ann Arbor, MI · Member since 2021 · 676 posts · 228 votes
3d
Hey Rob!
Agree with Kevin, at around 46% of value the leverage isn't the problem. One thing I'd weigh before taking a second bridge, if the April refi is just waiting on seasoning, some DSCR options don't require it. With it already rented, you might be able to skip the second bridge and its costs and go straight to the long term financing now.
[email protected]734-645-7722
Gold Star Mortgage Financial Group548 Reviews
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Noah WrightBusiness Member
USA, Nationwide · Member since 2024 · 218 posts · 96 votes
3d
Having the April refinance already planned is what makes this an easy bridge to place, so the useful questions are about getting out of it cleanly. You'd only hold this loan about 6 months, so ask every bridge lender how much interest you owe if you pay it off early. Some quotes carry a minimum interest period or an exit fee, and that can turn the lower rate into the more expensive loan. While those quotes come in, call your current lender and ask what a short extension past the 30th would cost. You may never need it, but it's a cheap question to ask with a deadline this tight. The rate is what you see on the term sheet, the payoff terms are what you actually pay.
[email protected]737-773-3717
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- Rob Austin
  OP
  Member since 2024 · 34 posts · 18 votes
  3d
  Hey thank you, I'm not looking for advice I'm looking for a lender
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J CastroBusiness Member
Lender · Florida · Member since 2025 · 705 posts · 253 votes
3d
Quote from @Rob Austin:
I'm looking to do a bridge refinance on a property in Indiana. My dscr lender is taking way too long.
The payoff amount is $76,429.42
Looking for 12 months, asset based, so no appraisal or credit check.
Arv is $165,000, but I'm not looking for a rehab budget.
Needs to close by October 28th.

At JCREIG Capital Funding, we offer bridge financing and DSCR loan solutions. We may be able to structure this as a DSCR loan instead, potentially avoiding a short-term bridge loan that you would eventually need to refinance. Give me a call or send me a DM so we can review your scenario and determine the best option for your needs and timeline
JCREIG Capital Funding
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