Let's match you with a loan program that best suits your needs.
A CMBS loan is a commercial real estate loan that is backed by a first-position commercial mortgage. Loans such as these are held and sold by commercial and investment banks or conduit lenders. CMBS loans are for properties such as apartments, hotels, warehouses, offices, retail, or any other type of real estate that is used in connection with a company or business in need of such a space.
Conventional commercial loans are mortgages provided by banks, credit unions, savings institutions or other traditional financial institutions and are secured by a first lien position on the subject properties being financed.
A bridge loan is a short-term loan used until a person or company secures permanent financing or removes an existing obligation. It allows the user to meet current obligations by providing immediate cash flow.
A construction loan is a short-term loan used to finance the building of a real estate project. The builder or developer typically uses a construction loan to cover the costs of the project before obtaining long-term financing.
An SBA loan is a small business loan that is partially guaranteed by the government (the Small Business Administration), which eliminates some of the risk for the financial institution who is issuing the loan. These loans can be used for hotels, office space, retail buildings, industrial properties, healthcare and medical facilities, self-storage, and many other property types.
Rental loans allow you to purchase investment properties for the sole purpose of renting for income. Rates and terms are more favorable to that of rehab loans and designed to be more long term.
A loan to a non resident is called a Foreign National loan. A foreign national who is not a resident of the United States can purchase real estate using this mode of financing. 25-30 down payment is usually required.