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Takeout-ready underwriting
We package rent roll, DSCR, and exit comps exactly how your takeout lender wants them—so refinancing is a handoff, not a redo.
Why bridge & DSCR borrowers choose Felspar
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Up to 75% of value
Bridge leverage up to 75% of value—purchase, as-is, or stabilized—with borrower-friendly terms that keep equity working instead of trapped in escrow.
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Interest-only flexibility
Monthly payments stay interest-only during the bridge; once leases season, payoff rebates kick in.
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Seasoning built in
12–18 month runway lets you stabilize, season rents, and line up DSCR takeout—especially in NC & VA workforce and secondary markets—without rushing.
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Takeout coordination
We collaborate with your DSCR lender, sharing underwriting files and timing payoffs together.
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Transparent borrower portal
Live dashboards show payments and payoff amounts so you always know where the loan stands.
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Flip-to-bridge discounts
Rolling a Felspar fix-and-flip loan into our bridge program earns origination discounts and faster underwriting.
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Transparent fees
1.5–3.5 points. $1,495 flat lender fee covers docs, underwriting, title coordination, and standard recording—no separate wire or valuation fees.*
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Local expertise in NC & VA
Deep familiarity with North Carolina and Virginia—especially secondary and tertiary markets—means we understand timelines, inspectors, and closing practices that matter for your DSCR takeout.
Ready to bridge your next acquisition?
Share the property, plan, and takeout strategy. We’ll respond within hours with a tailored structure.
*The $1,495 lender fee covers all lender-related and standard attorney settlement costs, including document preparation, underwriting, coordination, title search/exam, recording, and desk valuation. This flat fee excludes: (a) the lender’s title insurance premium, (b) any extraordinary title curative or HOA/municipal payoff work requested by closing counsel, and (c) government transfer taxes where applicable.