Commercial Loans
Commercial Real Estate Financing
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This type of financing is used to purchase, renovate, or refinance commercial properties such as office buildings, retail spaces, industrial warehouses, or multifamily apartment buildings. Commercial real estate loans typically have terms and underwriting criteria tailored to the specific needs of commercial property investors.
Hotel Financing
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Hotel financing refers to loans specifically designed for the acquisition, construction, renovation, or refinancing of hotel properties. These loans may be used for various types of hotels, including full-service hotels, limited-service hotels, boutique hotels, or resorts. Hotel financing can involve specialized underwriting based on factors such as occupancy rates, location, and market demand.
Fix and Flip Loans
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Fix and flip financing is used by real estate investors to purchase distressed properties, renovate them, and then sell them quickly for a profit. These short-term loans provide funding for both the purchase and renovation costs of the property, typically with higher interest rates and shorter repayment terms than traditional mortgages.
Construction Financing
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Construction financing, also known as construction loans, provides funding for the construction or renovation of residential or commercial properties. These loans disburse funds in stages as the construction progresses, with the final disbursement made upon completion of the project. Construction financing may be used for new construction, major renovations, or the development of land.
Church Financing
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Church financing refers to loans specifically tailored for religious organizations to acquire, build, renovate, or refinance church properties. These loans may be structured differently from traditional commercial real estate loans to accommodate the unique needs and financial situations of religious institutions.
Bridge Loans
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Bridge loans are short-term loans used to bridge the gap between the purchase of a new property and the sale of an existing property or the availability of long-term financing. These loans provide temporary funding to cover immediate needs, such as purchasing a new home before selling the current one, and are typically repaid once the existing property is sold or permanent financing is secured.
