Do you fund bridge loans in Cheyenne, Wyoming?+
Yes. We finance business-purpose bridge loans across Cheyenne and its surrounding submarkets — up to 80% LTV, 12–24 month IO, 10–14 day close, closed in your LLC.
What credit score do I need to bridge in Cheyenne?+
680 minimum for the primary guarantor. 720+ unlocks the best pricing tier and the highest leverage for Cheyenne deals. Co-guarantors can strengthen a file.
How fast can we close a Cheyenne bridge?+
Most Cheyenne bridge files close in 10–14 business days. Clean title, an appraisal turn under 7 days, and a completed business plan drive speed.
Can I use a bridge for a 1031 in Cheyenne?+
Yes — this is the most common Cheyenne bridge scenario. We close inside the IRS 180-day replacement window when agency debt won't cooperate.
Does the property need to cash flow to bridge in Cheyenne?+
No. Cheyenne bridge loans are underwritten to the asset, business plan, and exit — not to in-place DSCR. That's the whole point of a bridge.
Can I cash out equity from an existing Cheyenne property?+
Yes. Cash-out bridges in Cheyenne are capped at 75% of as-is appraised value. Common use: pull equity from a stabilized asset to fund the next Cheyenne acquisition.
How does the DSCR takeout work in Cheyenne?+
Once the Cheyenne property is stabilized and leased, we refinance the bridge into a 30-year DSCR permanent loan at up to 80% LTV. Same lender, same file, reused appraisal in most cases.
Do Cheyenne bridge loans require reserves?+
Yes — typically 6 months of PITIA verified from a bank statement at underwriting. Value-add and vacant assets may require more.
Can I extend a Cheyenne bridge?+
A 6-month extension is available on most files, subject to a small extension fee. Common Cheyenne triggers: appraisal timing, lease-up delays, and permit lag on light rehab.
What property types qualify in Cheyenne?+
1–4 unit residential, 5–10 unit small multifamily, and select mixed-use in Cheyenne. Owner-occupied is not eligible.
What are typical Cheyenne bridge rates?+
Rate depends on LTV, asset, credit, and exit certainty. Interest-only during the hold — only the funded balance accrues.
Is there a prepayment penalty on Cheyenne bridge loans?+
No — pay off any time inside the term. That's what makes bridge the right tool for auction acquisitions and short-hold repositions in Cheyenne.
Can I bridge a partially occupied Cheyenne small multi?+
Yes — lease-up bridge is a core use case for Cheyenne small multifamily. Bridge holds through stabilization, then DSCR refinance on the completed rent roll.
Are Cheyenne bridge loans business-purpose only?+
Yes. Every Cheyenne bridge we originate is a business-purpose loan on non-owner-occupied investment property, closed in your LLC or corporate entity, exempt from consumer disclosure requirements.
What documents do you need to price a Cheyenne bridge?+
Address, purchase contract (or payoff on a refi), written business plan and exit, entity docs, credit authorization, insurance binder, and 2 months of bank statements for reserves.
