Short-Term Financing for Residential and Commercial Real Estate
Our real estate lending activities involve originating, funding, servicing and managing short-term loans (i.e., loans with an initial term of one to three years), secured by first mortgage liens on real estate property held for investment purposes located primarily in Connecticut as well as Massachusetts, Rhode Island and New York.
How our loans are generally used
- Acquire and/or renovate existing residential real estate properties
- Acquire vacant real estate and construct residential real properties
- Purchase and hold income producing properties
All of our loans are secured by properties located in Connecticut, Massachusetts, Rhode Island and New York. We are considering expanding our geographic footprint to include Vermont and New Hampshire.