Commercial Real Estate

 A fix and flip loan is a short-term that investors can use to cover the cost of purchasing a property as well as the cost of repairs and renovations. These types of loans are like bridge loans generally used in the short-term until a more permanent financing solution is put in place 

 A rental property loan is a first lien mortgage loan secured by an SFR that is occupied by a tenant rather than an owner-occupier. To qualify, the property must be rent-ready. Typically the tenant is long-term, but rental property loans also can be used for short-term rentals, such as vacation rentals. 

 Refinance is use to lower interest rate on your existing loan. Historically, the rule of thumb is that refinancing is a good idea if you can reduce your interest rate by at least 2% or even 1% 

  Rehab loan, also referred to as a renovation loan, enables homebuyers and homeowners to finance both the purchase or refinance along with the renovation of a home through a single mortgage. 

 Multifamily loans are used by investors to finance multifamily properties between two to four units or commercial-residential properties of five units and up. These properties can include condos, townhomes, duplexes, apartment buildings, and portfolios of properties. 

 A Bridge Loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term or conventional financing. It is also an interim financing for, in this case, businesses until permanent financing or the next stage of financing is obtained. 

Hard Money Lending 

A hard money loan is a short-term loan that does not come from traditional lenders, but rather individuals or private companies that accept property or an asset as collateral. ... Like a traditional mortgage, a hard money loan is a secured loan, guaranteed by the property it is being used to purchase.

Private Money Lending 

Private money lending is when a private individual or small business loans another investor or investment company their own personal funds to use for investment 

 A Long-term loan is paid off over an extended period of time greater than 3 years. This time period can be anywhere between 3-30 years. Car loans, home loans and certain personal loans are examples of long-term loans.