Acquisition and Development: Raw land infrastructure development (streets, utilities, etc.)

Adjustable Commercial Mortgage: Interest moves with a specific index (Prime, T-Bills, etc.)

Construction Mini-Perm: Construction with 3 to 5 year loan, usually on income property.

Construction Loan with Take-out: Construction with pre-arranged takeout loan in place.

Fixed Rate Commercial Mortgage: Interest Rate remains constant throughout the term.

Hard Money Loan: Loans based primarily on the asset value (commercial building, vacant land, etc.)

Interim Loan: A short term (2 yrs or less), bridge or project type loan.

Joint Venture: A financial partner in the development of real estate.

Real Estate Sale and Leaseback: Lender purchases land and leases back to borrower for a fixed rent plus other considerations. Mortgages are issued on leasehold at market rates.

Real Estate Purchase Loan Lending for the purchase of commercial real estate.

Second Mortgage (Commercial) Loan secured by equity behind that of the first lien.

Wraparound Lender makes a second mortgage and assumes the first mortgage.