Noor Hasan
Rate Watch: Where Bridge and DSCR Pricing Stand This Quarter
A look at how bridge and DSCR pricing has moved this quarter, and what it means for investors underwriting new deals.
Short-term rates have held steady over the last few weeks, but the spread between bridge and DSCR pricing has started to narrow. For investors underwriting new acquisitions, that shift changes the math on whether a bridge-to-DSCR strategy still makes sense.
What's Moving Pricing
A few factors are driving most of the movement we're seeing across our pipeline right now:
- Lender liquidity easing slightly as more capital returns to short-term bridge products
- DSCR pricing staying comparatively flat as long-term capital markets hold steady
- Tighter exit spreads making a straight bridge-to-sale plan more competitive with refinance exits
As always, quoted pricing depends on your specific deal, leverage, and state. Reach out to your originator for current numbers before you lock up a deal.