Here are the type of loans that are being done in today's economy. 

• Apartment Loans: We offer full-recourse fixed and adjustable rate loans for the purchase or refinance of apartment buildings (5+units). Our Apartment Loan Program ranges in loan size from $750,000 to $5,000,000. Balloon loan terms of 5, 7, 10, or 15 years with amortizing periods up to 30 years or fully amortizing loan terms up to 15 years are available.  Non-ballooning, fixed interest-to-floating rate loans are also an option.  Properties must demonstrate 90% occupancy for 90-days to qualify and borrowers must be able to show proof of liquid assets to service the loan payments for a minimum of 6 months.  Borrowers need to be experienced operators of multi-family properties. 
  
• Commercial Bridge Loans:  Long-term, fixed interest rate commercial financing is hard to come by these days.   Only high-performing properties with very strong borrowers are able to secure conventional commercial financing.  As a result, many borrowers are turning to shorter term, bridge loans to purchase and/or refinance commercial properties.  Typical commercial property types include non-stabilized multifamily properties, office buildings, retail centers, mixed-use properties, light industrial buildings, fractured condos, hotel/motel, churches and automotive-related properties, to name a few.  Our Commercial Bridge loan program will not consider collateral related to raw land, development deals, ground-up construction (except owner occupied - see below under Small Business Loans), or one-of-a-kind type properties also known as special purpose.    Our Small-Balance Bridge Loan program is geared towards small- to medium-sized loans in the range of $250,000 to $2,000,000.  Our Jumbo Commercial Bridge loan program is for loan sizes between $2,000,000 to $50,000,000.  For either Commercial Bridge loan program, the maximum loan-to-value is 65% with a combined loan-to-value of 85% on selected property types.  Loan terms are for 3 to 36 months with interest-only payments.  For these Commercial Bridge loan programs, borrower's credit and income are less important than property quality.
  
• Small Business Financing:  We offer loans to small business owners for the purpose of buying or refinancing owner-occupied real estate; owner-occupied ground-up new construction or expansion; purchase of machinery and equipment in conjunction with real estate; and working capital when financed with a real estate purchase.  Small business financing is offered only through Small Business Administration (SBA)-guaranteed loan programs.  The loan size ranges from $250,000 to $5,000,000.  Owner-occupancy is defined as the borrower's business must occupy a minimum of 51% to 60% of the gross square footage of the property.  In some cases depending on the loan size and purpose, a first and second mortgage combination might be offered.  Fixed and adjustable interest rate options exist.  The maximum loan-to-value is 90% for established businesses that have been in existence for at least two years.