Short-term bridge loan · Iowa
Bridge loans for mixed-use property and land with a structure in Iowa
From 9% · up to ~70% of value · 3–24 months · $50K–$1M · 1–3 pts
Mixed-use is the heart of Midwest main streets — a storefront with apartments upstairs, a shop with a house on the lot, acreage with a standing structure. Banks struggle to classify it; we simply value the real estate, confirm the equity and the exit, and fund.
Serving Des Moines, Cedar Rapids, Davenport, Sioux City, Iowa City, Waterloo and every county in Iowa. Land & mixed-use deals get the same answer everywhere: real equity, a clear exit, a fast close.
Deal check · live
No credit pullLoan-to-value
60%
Your equity
40%
Rates from
9%
Your deal fits what we fund
40% equity · within our size and term range. If the documents line up, we can close fast.
Rates 9%–24% depend on amount, structure, valuation, borrower, timing and due date. Your quote follows review — not a commitment to lend.
What we look at
How we underwrite land & mixed-use.
- The combined value of the improvements and the land, by appraisal or broker opinion
- Zoning and whether the current use is permitted
- Condition of the structure and any environmental flags for former commercial uses
- Exit: sale, refinance or redevelopment take-out
Typical deals
Where this loan fits.
- Buying a main-street building with retail below and apartments above
- Cash-out on a paid-off mixed-use building to fund another project
- Bridging improved land through entitlement or sale
- Refinancing a maturing note on a property banks consider "too unusual"
Iowa markets
Where we lend in Iowa.
Des Moines and West Des Moines, Ankeny, Cedar Rapids, Iowa City, Davenport and the Quad Cities, Sioux City, Council Bluffs, Waterloo–Cedar Falls, Ames and Dubuque, plus I-80 / I-35 highway commercial.
Where we lend
Land & mixed-use loans by state.
0+
Deals reviewed
~1 in 4
Deals we fund
0 days
Average close (approved)
0%
Repeat borrowers
Illustrative figures · updated before launch
Borrowers on RECO
“Checked the deal on a Tuesday, had a quote Thursday, closed the duplex in nine days. The bank was still asking for tax returns.”
Sample · M. Alvarez · Investor · Kansas City, MO · $340K purchase bridge
Sample testimonials — replace with verified reviews before launch.
Why private capital
RECO vs. the bank
Questions
Straight answers.
Not unentitled raw land with no structure. Land with a standing building or house, or improved commercial lots, can qualify.