Real Estate Acquisition Loans

What is a real estate acquisition loan? Acquisition loans are used to purchase real estate properties or a business entity that owns a portfolio of properties. Lenders will require borrower information and property information for the properties being acquired. What property information is required? Lenders will require a 12-month proforma, 10-year proforma, residential leases, rent […]

Construction Loans

What is a construction loan? Construction loans are short-term loans for investors who need financing to build a personal home, an investment property or investment properties. Construction loans are considered high risk and require a higher interest rate. Borrowers typically rollover these loans into long term financing and secure a lower interest rate now that […]

Multifamily Construction Loan

What is multifamily construction? Multifamily construction is the development of multifamily investment properties. Multifamily investment properties are residential assets with five or more units on a single property. For example: apartment buildings. What is the purpose of the loan? The main purpose behind multifamily construction loans is to secure funding for the development of the […]

Ground-up Construction Loans

What is a ground-up construction project? Ground-up construction projects are when a real estate developers or investor develops a brand new property on undeveloped land. Short term Ground-up Construction loans can range from 12 to 24 months. The term of the loan can be structured to fit the project timeline. Ground up construction loans can […]

Rehab Loans

What is a rehab loan? Lenders provide investors with short term financing to rehab / renovate investment properties. This financing helps the investor quickly renovate investment properties when the borrower doesn’t have enough cash to renovate with their own funds. Line of Credit (LOC) Investors can borrow a percentage of their investment properties home equity […]

Owner Builder Construction Loans

What is an owner builder construction loan? An owner builder construction loan is designed for borrowers who want to acquire residential real estate as well as be the general contractor on the project. What should you know about owner builder construction loan? Risk: Lenders view these loans as high risk as they prefer the borrower […]

Federal Housing Administration (FHA) Loan

What is a Federal Housing Administration (FHA) loan? An FHA loan is a type of mortgage that is designed to help low to moderate income borrowers purchase a home. FHA loans are more lenient on credit scores and credit reports as they are trying to make purchasing a home more accessible to people. Benefits (compared […]

Bridge Loans

What is a Bridge Loan Bridge loans are designed for short term financing. Bridge loans buy the borrower time to secure long term financing and allow borrowers to meet their debt obligations as this loan type offers immediate access to capital. Benefits Faster application Faster approval process Faster access to funding No repayment penalties Negatives […]

Multifamily Bridge Loans

What are multifamily bridge loans? Multifamily bridge loans are designed for short term financing. Bridge loans buy the borrower time to secure long term financing and allow borrowers to meet their debt obligations as this loan type offers immediate access to capital. Benefits The benefits of a multifamily bridge loan are faster application process, faster […]