Sphinx Capital Q1 2026 Program Update: Expanded Access for Real Estate Investors
Sphinx Capital has updated its lending guidelines for Q1 2026 to support real estate investors and sponsors facing current market liquidity challenges. With a focus on providing alternatives to traditional bank financing, the firm is actively reviewing applications for commercial bridge, residential construction, and DSCR (Debt Service Coverage Ratio) loans.
Important Notice: These programs are designed exclusively for business-purpose loans on investment properties (Non-Owner Occupied). They are not available for personal, primary residence financing.
Market Positioning
In response to tightening standards at traditional financial institutions, where leverage is often capped at 60-65%, Sphinx Capital offers higher leverage options for qualified borrowers. The firm targets a closing timeline of 10 to 21 days, catering to sponsors who require rapid execution to secure acquisitions.
- Target Markets: Nationwide in Tier 1-3 markets (Excluding NV, VT, ND, & SD).
- Total Capital Target: The firm aims to deploy an additional $100M in Q1 2026.
Q1 2026 Loan Products
Sphinx Capital provides three primary financing structures for investors. Terms below are preliminary and subject to underwriting.
1. Commercial Bridge Financing
Suited for transitional commercial assets requiring short-term capital.
| Loan Amount | $500,000 – $50,000,000 |
| Leverage (LTC) | Up to 90% Loan-to-Cost |
| Interest Rate | Starting at 7.99% |
| Term | 12 – 36 Months |
| Key Features | Non-Recourse and “No Pre-Pay Penalty” options available |
2. Residential Construction & Fix-and-Flip
Designed for builders and investors undertaking renovation or ground-up construction projects.
| Loan Amount | $200,000 – $25,000,000+ |
| Coverage | Up to 85% of Purchase + 100% of Renovation Costs |
| Interest Rate | Floating: SOFR + 4% |
| LTV Cap | Up to 80% Loan-to-Value |
| Security | 1st Lien Position |
3. DSCR Rental Loans (Purchase or Refinance)
For stabilized rental properties where qualification is based on property cash flow rather than personal income.
| Loan Amount | $100,000 – $25,000,000 |
| DSCR Floor | Coverage ratios as low as 1.00x accepted |
| Property Types | SFR, 2-4 Units, Condos, PUDs |
| Term Options | 3-5 Year Bridge or 30-Year Fixed |
| LTV Cap | Up to 80% |
Application Process
Sphinx Capital utilizes a streamlined intake process to assess eligibility quickly.
- Submission: Applicants submit basic deal parameters (Asset type, location, loan request, and exit strategy).
- Review: Preliminary terms are typically issued within 48 hours.
- Documentation: Underwriting focuses on asset value and sponsor experience rather than extensive personal financial documentation.
Contact Information
For specific rate quotes or program details, interested parties should contact the originations team directly.
- Website: www.sphinxcap.com
- Phone: +1 ((512) 541-2920
- Email: info@sphinxcap.com
Disclaimer: All loans are subject to underwriting approval and property valuation. Rates and terms are subject to change based on market conditions and borrower qualifications. Sphinx Capital operates as a private lender for business-purpose loans only.
