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Bridge · Camden County, NJ

Bridge Loans for Camden and Camden County Rental Investors

Camden County sits across the Delaware River from Philadelphia, linked by the PATCO line and the bridges, and its towns range from Camden City rowhomes to Collingswood twins and Cherry Hill split-levels. New Jersey's rental rules and property taxes shape every deal here.

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In short: LendingStreet offers bridge loans on 1-8 unit investment property in Camden and across Camden County, from $150,000 to $5M+ with rates from 7.99%. Loans are short-term and interest-only, can close in as little as 10 days, and some programs need no appraisal. Investors use them to close fast, pass the town's rental inspections and re-lease, then refinance into a DSCR loan or sell.

Camden County towns and the housing they offer

In Camden City, Cramer Hill, Fairview, Parkside and the Cooper Grant area near Rutgers-Camden and Cooper University Hospital offer rowhomes and small multi-family buildings at the lowest prices in the county. Fairview's planned village of brick homes is a distinct, older submarket.

Along the PATCO line, Collingswood, Haddon Township (Westmont), Oaklyn and Audubon have twins, duplexes and older singles that lease to Philadelphia commuters. Cherry Hill, Haddonfield and Voorhees carry higher prices, and Pennsauken, Gloucester City and Bellmawr sit in between.

AreaTypical housingCommon bridge use
Camden CityRowhomes, small multisValue-add purchases needing inspection and re-leasing
Collingswood, Westmont, Oaklyn, AudubonTwins, duplexes, older singlesCommuter rentals near PATCO
Pennsauken, Gloucester City, BellmawrSingles, twins, some 2-4 unitsFast close on landlord exits
Cherry Hill, Haddonfield, VoorheesLarger suburban singlesHigher-balance purchases before refinance

Why Camden County investors bridge first

In much of New Jersey you cannot simply hand keys to a new tenant. Many towns require a certificate of occupancy or rental inspection at each tenant change, and older units can need repairs to pass. A bridge loan covers the gap between buying the building and having inspected, leased units a DSCR lender will accept.

Sellers in competitive commuter towns also favor buyers who can close quickly and without a long financing contingency.

Worked example: a Westmont two-family

This example is illustrative and not a quote. An investor buys a two-family home in Haddon Township's Westmont section for $375,000 with one unit empty. The bridge loan is $281,250, interest-only, so the estimated monthly interest payment is about $2,344 while the investor makes the repairs the town inspection calls for, gets the certificate and leases the vacant unit.

Roughly 4 months later, the appraisal comes in at $400,000 with rent of $3,400 a month ($1,750 and $1,650). Refinancing into a DSCR loan at 75% of value gives $300,000: enough to retire the $281,250 bridge balance with about $18,750 left over, before costs.

Estimated principal and interest on the new 30-year loan is about $2,047. Add taxes of about $800 and insurance of about $150 a month, and the total payment is about $2,997. Rent of $3,400 divided by that payment gives a DSCR of about 1.13x, above the 1.0x standard minimum.

A cushion matters. At 10% less rent, about $3,060 a month, the DSCR would be roughly 1.02x, still above the standard minimum.

ItemAmount
Purchase price$375,000
Bridge loan$281,250
Estimated monthly interest-only payment$2,344
Value after work and leasing$400,000
New DSCR loan (75% of value)$300,000
Estimated principal and interest$2,047
Property taxes (monthly)$800
Insurance (monthly)$150
Total monthly payment$2,997
Monthly rent$3,400
DSCRAbout 1.13x

New Jersey taxes and closing costs

New Jersey property taxes are among the highest in the country, and on a two-family in Camden County the tax line can be the largest cost after principal and interest. Use the actual bill, not an estimate, in your refinance numbers.

New Jersey charges a realty transfer fee on sales, and higher-priced sales can face additional tax. The rules changed in 2025, so confirm current amounts and who pays them with your title company or attorney.

Inspections, lead rules and tenant law

Many Camden County towns require a certificate of occupancy or rental inspection when tenants change, and some require landlord registration. New Jersey also requires lead-based paint inspections for most rentals built before 1978, generally at tenant turnover. Check the town and state requirements before you budget repairs.

New Jersey's Anti-Eviction Act limits evictions to specific legal causes, so inherited tenants generally stay unless a lawful reason applies. Review existing leases and rent rolls carefully before you assume a building can be re-leased at market rent.

Choosing between a sale and a refinance

Most Camden County bridge loans end in a DSCR refinance, since high taxes and strong commuter demand favor holding rentals with steady income. A sale is the usual exit for single-family homes in towns like Cherry Hill and Haddonfield, where owner-occupant buyers pay the most.

A good exit plan starts on day one. Price out the DSCR payment with the post-purchase tax bill and a current insurance quote, and keep a sale price in mind as a backup. Seasoning before a cash-out refinance varies by program, so ask about it up front. For statewide context, see our New Jersey bridge loans page.

What our Camden bridge program offers

Camden bridge loans are sized for residential investment property of 1 to 8 units. The payment is interest-only for the short term of the loan, which keeps carrying costs predictable while you lease or sell.

Leverage and pricing depend on the property, your experience and the exit plan. Larger apartment buildings of 9 or more units fall under our commercial and multifamily programs.

For a Camden deal, the questions we ask are practical: what you are paying, what the property will be worth and earn once it is ready, how long that takes, and how the bridge gets repaid. Investors who have done similar projects can often move faster.

Getting a Camden bridge quote

Our investor loans are business-purpose loans on non-owner-occupied property. In this metro we lend across Camden County, including Camden City, Collingswood, Haddon Township, Cherry Hill and Pennsauken.

To get a quote, share the address, price, current rents, planned work and your exit. A complete file speeds things up: the purchase contract, a rent roll or leases, an insurance quote and your LLC documents. Fill out the form below or call (877) 298-1001.

Common questions

Do I need a certificate of occupancy to rent in Camden County?

Many towns require one or a rental inspection at each tenant change. Requirements vary by municipality, so check before you close and include the repairs in your budget.

How quickly can I close a bridge loan on a Camden property?

Closings can happen in as little as 10 days once title, insurance and borrower documents are in. Complex deals can take longer.

How do New Jersey property taxes affect my refinance?

They raise the monthly payment used in the DSCR calculation. On a Camden County two-family, the tax bill can decide how large a refinance the rent will support.

Do your bridge loans require an appraisal?

Some of our bridge programs do not require one. The appraisal usually comes later, when you refinance into a long-term DSCR loan.

Can I remove existing tenants after I buy?

New Jersey's Anti-Eviction Act limits evictions to specific legal causes. Plan around existing tenants unless a lawful reason applies, and talk to a New Jersey attorney.

What is the rate on a bridge loan?

Rates start from 7.99% and are set per deal based on the property, leverage, experience and exit.

Do you lend in Camden City itself?

Yes. We lend on 1-8 unit investment property in Camden City and across Camden County.

Can I use a Camden bridge loan on a home I plan to live in?

No. Our investor loans are business-purpose loans on non-owner-occupied property.

New Jersey bridge loansDSCR loans in CamdenFix and flip loans in CamdenConstruction loans in CamdenDSCR cash-out refinance in CamdenBridge to DSCR loan guideBridge loans overviewDSCR calculator

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