Jul 28, 2023 | Financing, Loans
A short-term loan is a type of mortgage typically used to finance the purchase of residential or commercial property purchase. The borrower pays interest on the amount borrowed over a short period – typically up to 10 years. A common feature of these loans is that...Jul 28, 2023 | Financing, Loans
A ground-up loan is a mortgage for a new construction project. Developers are often hesitant to take out this type of loan because they are unsure if their projects will be successful. However, there are four benefits that developers can take advantage of when they...Jul 28, 2023 | Loans, Top Hard Money Lender
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