This section is as much a dictionary as a list of the types of loans I am able to secure:
If you have a lending need not listed here, by all means, reach out to me. The list below is not all inclusive.
First Mortgages:
Condominium to 4 unit property: Considered ‘reseidential’ lending. Requires NMLS licensing to do the loans. Purchase, refinances, cash-out. Title held in persoanl names and trust. Also considered first mortgages.
Second mortgages:
Can be residential and commercially secured loans. Both fixed rate and HELOC (Home Equity Line of Credit)
Alternative Financing:
Private Money: aka Hard Money or Bridge. Utilized as short-term capital and for both short and mid-term in circumstances where the property and / or the borrower needs time to be able to secure longer term conventional based financing.
Construction Financing: Residential homes, remodels, commercial, small business. This financing is based upon a set exit strategy for the financing. Selling or refinancing. And, is based upon the future or after repair valuation of the property.
Reverse Mortgage: A very specific loan for homeowners seeking a unique solution for a cash-flow challenge. Although there are many specialists in this loan venue, I personally believe clients should work with people like myself able to offer a complete palette of options.
Foreign Nationals, Entities and IRA: Special loan programs available. Individual circumstances are met within the broad reaching sources we employ.
For a special section on First Time Homebuyers click here to view