Bridge and Mezzanine Financing
Fisgard provides small and large residential and commercial first and second mortgage financing to homeowners, commercial and industrial builders, new construction builders, renovators and land developers.
From time to time borrowers require mortgage financing to bridge a sale of one property and the purchase of another. A typical example is the party selling one real estate property and buying another, and the party needs bridge financing in order to affect the deal. Fisgard has provided first and second mortgage financing for hundreds of these situations.
Mezzanine financing is an area of mortgage lending that requires much experience and highly specialized skills. Fisgard’s underwriters possess these analytical skills, similar to the professional skills Fisgard brings to land development and construction, often involving rezoning, changes of land use, environmental assessment, strata regulations, development permits, and so forth.
Builders and developers regularly rely on Fisgard for their bridge and mezzanine mortgage financing requirements.
