Lending for the refinancing of commercial real estate
Real Estate Refinance
1
A short term (2 yrs or less), interim loan.
Bridge Loan
2
A three to five year loan, usually on income property.
Non-Construction Mini-Perm
3
Raw land infrastructure development (streets, utilities, etc.)
Acquisition & Development
4
Construction with pre-arranged takeout loan in place.
Construction with Takeout Package
5
Lending for the purchase of commercial real estate.
Real Estate Purchase
6
Interest moves with a specific index (Prime, T-Bills)
Adjustable Commercial Mortgage
7
Interest Rate remains constant throughout the term.
Fixed Rate Commercial Mortgage
8
Loan secured by equity behind that of the first lien.
Second Mortgage (Commercial)
9
Construction with 3 to 5 year loan, usually on income property.
Construction /Mini-Perm
10
A financial partner in the development of real estate.
Joint Venture
11
Bundling of mortgage notes for sale on the secondary market.
