Recently Funded Bridge Loan In Bloomfield Hills, Michigan
Loan Scenario:
A first-time investor came to American Heritage Lending needing to move quickly on a single-family purchase in Bloomfield Hills, Michigan, and used a short-term bridge loan to get it closed. With the home appraised at $434,900, our team structured a $326,175 loan at a conservative 75% loan-to-value — the leverage a new operator needs to secure the asset without overextending on day one.
Unlike a fix-and-flip, this was a straightforward purchase with no rehab or construction component — just fast, certain financing against the property’s value. The 12-month interest-only term gives the borrower room to execute their exit on their own timeline, whether that is a resale or a refinance into longer-term financing once they are established.
Bloomfield Hills is one of metro Detroit’s most prestigious addresses, known for top-rated schools, established neighborhoods, and some of the highest home values in the state. For a first acquisition, buying into a market with proven demand and durable resale fundamentals gives a new investor real downside protection. If you need to move fast on a purchase in Michigan, our team can structure the financing to match your timeline.
Similar Recently Funded Case Studies: DSCR Loan in Lansing, MI • Fix & Flip Loan in East Bend, NC • DSCR Loan in Wentzville, MO
Key Deal Points
| Address | Bloomfield Hills, MI |
| Loan Type | Bridge Loan – Purchase |
| Borrower Profile | No Experience |
| Property Type | Single Family Detached |
| Appraised Value | $434,900 |
| Loan Amount | $326,175 |
| Loan To Value (LTV) | 75% |
| Term | 12-Month Interest-Only |
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