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HOUSING LOANS
PRE-DEVELOPMENT AND LINES OF CREDIT
- Maximum loan of $750,000 unsecured; $3.2 million secured
- Term of three years, more in some instances
ACQUISITION, BRIDGE, CONSTRUCTION AND MINI-PERM LOANS
- Maximum loan of $750,000 unsecured; $3.2 million secured
- Term of two years for acquisition, construction and bridge loans
- Term of 10 years for mini-permanent loans, with longer amortization as needed
PERMANENT LOANS
- Minimum loan of $500,000 and a maximum of $7 million
- Term of up to 30 years, fully amortizing