Generally, multi-family properties are 5+ units. However, we can finance 1-4 units if held strictly for investment purposes under an entity.
Mixed-Use properties often have residential and commercial units rented to third-party lessees.
Industrial properties are generally used for light manufacturing and warehouse purposes.
Hotels and Motels are temporary lodging facilities where clients usually maintain residency for less than thirty days.
Retail properties include goods and services offered to the public. Shops, grocery stores, automotive, service providers, and cannabis are included.
Ground-up construction, renovation & rehab, and mid- to large-scale developments are examples of development and construction loans.
Airports, marinas, RV parks, infrastructure, mobile home parks, self-storage and other unusual property types are considered specialty use.
Application requirements vary by funder and type of loan.
