 |
Loan Types
Security Financial is in a unique position to lend for complex real estate transactions and/or
time sensitive requests when funding is not available from conventional sources.
Bridge Financing
A short- or medium-term solution to acquire, rehabilitate, or lease up property. Bridge loans solve
situations where the property is unstabilized and needs funding before it can be sold or refinanced by a conventional lender.
Refinance or Cash Out
For investors or borrowers who need to pay off existing financing or to get additional cash
"Ground Up" Construction Financing
To build single family, multifamily, or small commercial buildings where the
borrower isn’t able to qualify at conventional sources
Swing Financing
To borrow against the equity in an existing property to come up with the down payment to purchase another property
Common Loan Purposes
- Single family & multifamily residential development
- Land development/ground-up construction
- Rehab/renovation of residential and commercial buildings
- Unstabilized properties/tenant improvements
- Unoccupied or Incomplete buildings
- Condo conversions
- Rate and term refinances
- Cash out refinances
Property Types
- Single family residential
- Apartment buildings
- Small shopping centers/strip malls
- Office warehouses
- Condominiums
- Industrial
- In-fill land
|