MoFin Lending is a leading local private lender specializing in fast, reliable fix-and-flip bridge loans, ground-up construction loans, and short-term bridge loans.
For bridge or hard money loan there is no prepayment penalty on 12 month terms. 18+ month terms may have a 6 month prepayment penalty.
Payment structure
Interest Only
Recourse
Always
Closing speed
21 days typical · 9 days fastest
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
No W-2s or Tax Returns Required. Qualifying is asset-based. Borrowers must demonstrate sufficient liquid reserves (6 months minimum for commercial bridge loans; may be increased on certain deals). Bank statements required to verify cash liquidity for down payment and reserves.
Borrower entity
Individual or Entity Accepted. MoFin lends to individuals, LLCs, limited partnerships, and corporations. Personal guaranty (full recourse) is always required. Borrower must be a permanent resident alien with a valid SSN - foreign nationals not accepted.
Experience required
Seasoned Investors Required. Residential bridge and construction loans require a minimum of 2 completed projects in the last 36 months . Commercial bridge loans require demonstrated experience operating or overseeing a similar asset class. Leverage ratios and rate terms are scaled upward for stronger track records.
This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.
