Iron Bridge Lending vs. ROC Capital
A side-by-side on the fields both lenders publish, followed by a read on where they actually differ.
| Criteria | ||
|---|---|---|
| Type | hard money | hard money |
| Headquarters | Lake Oswego, OR | New York, NY |
| Founded | 2009 | 2014 |
| Geographic focus | Western & Midwest | National |
| Products | fix-and-flip, bridge, new-construction | fix-and-flip, BRRRR, rental, bridge, new-construction |
| Loan size range | $75,000–$3,000,000 | $75,000–$5,000,000 |
| Max LTV | 75% | 80% |
| Max LTC | 85% | 90% |
| Terms | 12 months | 12-24 months (hard money) / 30-year (rental) |
| Typical close time | 7-14 days typical | 10-21 days typical |
| Rate range | 9.5%–12% | 9.5%–12% |
| Points | 1.5–3 pts | 1–3 pts |
Neither side carries a published verification date on this site — the figures above are as stated by each lender, unconfirmed as of a specific date.
Where they actually differ
ROC Capital adds BRRRR and rental. A deal that specifically needs one of those only has one side of this comparison to go to.
Iron Bridge Lending quotes a 7-14 days typical close; ROC Capital quotes 10-21 days typical. On a competitive acquisition that gap can be the whole decision.
Term structure differs too: Iron Bridge Lending runs 12 months; ROC Capital runs 12-24 months (hard money) / 30-year (rental).
Leverage: Iron Bridge Lending tops out at 75% LTV / 85% LTC, against 80% / 90% at ROC Capital. More leverage means less cash to close and a thinner equity cushion — which side of that trade matters depends on how much cash the deal has to begin with.
Questions
Does one of these two write a loan product the other doesn't?
Which offers more leverage, Iron Bridge Lending or ROC Capital?
Which handles a larger loan, Iron Bridge Lending or ROC Capital?
Which closes faster, Iron Bridge Lending or ROC Capital?
Iron Bridge Lending
An investor who needs short-term fix-and-flip or new-construction financing and will source the rental takeout loan separately
ROC Capital
An investor who wants one lender to carry a BRRRR deal from rehab into the 30-year rental hold