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What is the Interest Rate on a Bridge Loan?

Countless real estate investors overlook the power of bridge loans because of the stiff interest rates. Although interest rates on this type of financing can be high, it shouldn’t prevent you from considering the benefits.

From added flexibility in the qualification process to the ability to close within a few days, there is a real advantage to utilizing bridge loans. In this article, we’ll outline the interest rates you can expect to pay on your next bridge loan, common factors that influence rates, and how to improve your terms.

What is the Interest Rate on a Bridge Loan?

Bridge loan interest rates can range anywhere from 9% to 12%, depending on the factors of your loan request. Each lender will have a slightly different interest rate structure according to their risk tolerance. Private lenders also take into account the loan amount, location, borrower’s cash flow, and term.

Bridge loans aren’t meant to be a source of long-term financing. They are known for their quick approval and funding process, which can be crucial in time-sensitive situations. Borrowers are willing to pay higher interest rates for the convenience and speed that bridge loans offer.

What Factors Influence Interest Rates?

Bridge loan interest rates are impacted by a few different factors. First, interest rates in the current financial market play a role in the rates charged by private lenders. The interest rates of bridge loans tend to be a few percentage points higher than those offered by traditional financing institutions. As these rates increased over 2022 and 2023, the rates for private lenders increased as well.

Moreover, the terms of your loan can impact interest rates. How much is your collateral worth? How much are you putting down? Are you a seasoned real estate investor or trying to secure your first investment? These are all factors that lenders will consider when analyzing the risk associated with your loan.

What is the Interest Rate on a Bridge Loan?

Loans are made or arranged by Wilshire Quinn Income Fund, LLC (the “Fund”) pursuant to California Finance Lenders Law license #603J060. The information contained in this message is for informational purposes only and is meant to provide general background information on the Fund and its manager, Wilshire Quinn Capital, Inc. (the “Manager”). Any and all information herein is deemed reliable but is not guaranteed.

What is the Interest Rate on a Bridge Loan?

How to Improve Your Bridge Loan Terms

There are ways you can improve the interest rate on your bridge loan. However, bridge loans shouldn’t be relied on as a long-term solution. You might be better off paying a higher interest rate for a few months, then refinancing at a later point.

Nevertheless, if you want to lower the interest rate on your bridge loan, you can consider cross-collateralizing other properties you own, increasing your downpayment, or waiting for market conditions to improve.


Bridge loans are a great option for real estate investors looking to purchase a new property, even with high interest rates. The flexibility, quick access to funds, and lenient approval process are unmatched compared to traditional financing avenues.

Our team at Wilshire Quinn has the specialized knowledge and expertise, to fund loan requests for unique and complex situations. If a bridge loan seems right for your next real estate investment, reach out to one of our team members at Wilshire Quinn Capital today.

  • Funding typically in 5-7 business days
  • Loan Amounts from $200,000 to $20,000,000

  • Interest Rates from 9% to 12%

  • Loan Term: 3 – 18 months

  • Commercial & Residential (non-owner occupied) Real Estate

  • Purchase, Refinance, Cash-out Refinance, Rehab, Blanket Loans
  • Foreign National Loans Available


About Wilshire Quinn

Wilshire Quinn is a San Diego hard money lender focused on short term bridge loans, secured by first trust deeds. The company is based in San Diego, CA with offices in Los Angeles and San Francisco. Wilshire Quinn typically funds loans for their customers in 5-7 days. Their successful track record is closely linked to their ability to make immediate lending decisions based on their highly disciplined underwriting approach. The company funds a variety of loans such as: refinance, purchase, blanket, rehab loans, 1031 exchange, partnership buyouts, and more. They originate hard money loans ranging from $200,000 – $20,000,000. Wilshire Quinn works with commercial and residential buyers nationwide.

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