Loans

Construction Loans

Construction loans are short term loans designed to finance the building of a home or other structure on a parcel of real estate. Construction loans are a significant portion of the real estate financing industry because very few people can afford to pay cash when they build. Almost every home and almost every real estate development of any sort uses construction loans to finance the actual build-out of the project.

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Purchase Loans

Purchase loans, more typically called home loans or mortgages, are loans that allow a buyer to finance the purchase of a home or other real estate. Financing the purchase of real estate means payments are made over a period of time. The loan is secured by the real estate. The lender makes its money on the interest they charge for the loan.

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Refinancing Loans

Your equity is the difference between what you owe on a piece of real estate and what you can sell it for. Your equity is usually a function both of the time you've spent paying down the mortgage and the appreciation of your property.

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Private Money

Although most people are familiar with mortgages and other real estate financing instruments handled through a bank or through a government agency like the Veterans Administration (VA) or the Federal Housing Administration (FHA), etc., money is also available through private individuals and investment groups, organized in a variety of ways, who specialize in real estate investment financing. Money loaned with real estate as security from these sources is referred to as private money.

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