Types of Loans
The Running Capital team has worked in mortgage investment for more than 30 years and has a diversified team from real estate development and banking.
.01
Development Loan
The development loan is structured to fund the construction of multiple properties.
.02
Construction Loan
The construction loan is used to fund a property construction project before long-term financing is secured.
.03
First Mortgage
The first mortgage loan is the primary loan on a commercial property development, the main loan on a property.
.04
Second Mortgage
The second mortgage is a type of subordinate mortgage made while an original mortgage is still in effect.
.05
Caveat Loan
The caveat loans can be lodged on title immediately and enable a loan to be funded in a matter of days from application.
.06
Bridging Loan
The bridging loan is a short-term loan that can help you finance the purchase of a new property while you sell your current property.
.07
Business Loan
The business loan is debt that the company is obligated to repay according to the loan’s terms and conditions.