The product is aimed at developer clients undertaking projects such as splitting houses into apartments, converting commercial properties to residential or full renovation of tired houses.
Loans from £100,000 to £1,000,000 are available on a non-regulated first charge basis in England and Wales.
Mint said the client should have necessary money for refurbishment but be short of the deposit needed to fit traditional bridging loan criteria.
Paul Wertheim, operations director, said: “We have been trialling this product since spring and received an overwhelmingly positive response.
“We’re sure that eyebrows will be raised by the high LTV, but we have established an effective underwriting and loan monitoring policy that enables us to manage any perceived increase in risk.”
Andrew Lazare, managing director of Mint, added: “This product launch caps what has been an outstanding year for us.
“We have lent a record amount, had record redemptions and hired fantastic new recruits.
“But we are not resting on our laurels and are already working on a whole new suite of products to launch in early 2016.”
