NEW YORK, NY - Bayport Funding, a direct private bridge lender for real estate investors, has announced the launch of its new Adjustable-Rate Fix & Flip Loan, designed to help investors stay ahead of a dynamic interest-rate environment. This new product allows the interest rate to adjust after only six months, giving borrowers the opportunity to take advantage of pricing when market rates decline.
Introduced as a strategic solution to empower real estate investors during a shifting economy, the new adjustable-rate fix & flip loan provides borrowers with up to $2 million for one-to-four-unit projects with a 12-month term. The loan is designed to allow investors to move decisively on real estate opportunities today while taking advantage of potential rate cuts in the future.
"Our goal is to help our clients succeed by providing smart, flexible capital solutions for real estate investment," said Marcia Kaufman, CEO of Bayport Funding. "We anticipate that market interest rates will be increasingly advantageous for investors and the new Adjustable-Rate Fix & Flip Loan is designed to help investors to reduce financing costs while staying nimble in a changing market."
To date, Bayport has funded more than $2 billion across a wide range of real estate projects, from single-family rehabs to ground-up construction and mixed-use developments. The company recently secured a $200 million senior credit facility from Webster Business Credit, a division of Webster Bank and the lead syndication agent in the transaction, further enhancing its lending capacity and expansion into new markets.
About Bayport Funding: Bayport Funding is a direct private bridge lender providing real estate investors with fast, flexible bridge financing for single-family, multi-family, mixed-use, and ground-up construction projects. With market expertise, in-house underwriting, and its own balance sheet, Bayport ensures fast funding — in as little as 72 hours. Bayport Funding understands the investor business model and tailors its Smart Money Loan Program to each borrower’s needs. With more than $2 billion in originations, the firm offers multiple loan structures, including its new Adjustable-Rate Fix & Flip Loan designed to help investors adapt to changing market conditions. Bayport Funding is committed to empowering investors and revitalizing communities. For more information about Bayport Funding, please visit www.bayportfunding.com