Learning Center
Understand your financing before you sign anything
Straightforward guides to the terms, ratios and documents that come up in every commercial loan.
all · 6 min read
How to Read a Term Sheet
A line-by-line guide to the numbers and conditions in a commercial loan term sheet.
all · 5 min read
LTC vs LTV, Explained
The two leverage ratios every construction and investment borrower needs to understand.
builders · 6 min read
How Construction Draws Work
From draw requests to inspections to funding — the mechanics of getting paid during a build.
investors · 5 min read
Recourse vs Non-Recourse Loans
What personal liability really means in a commercial loan, and when non-recourse is realistic.
developers · 6 min read
What Your Proforma Needs to Show a Lender
The line items and assumptions lenders scrutinize most closely in an income proforma.
developers · 6 min read
How Lenders Underwrite Land
Why land is the hardest asset to finance, and what actually moves a lender to yes.
all · 5 min read
Sources & Uses, Explained
The one-page summary every lender asks for first — and how to build it correctly.
investors · 5 min read
Exit Strategies Lenders Accept
How to describe your plan to repay a short-term loan in language a lender trusts.
all · 5 min read
How Much Equity Do I Really Need?
A practical way to estimate your equity requirement before you talk to a lender.
builders · 6 min read
Construction Loan Timeline: Application to Close
What actually happens, week by week, between submitting a construction loan request and closing.
developers · 5 min read
Interest Reserves and Carry Costs
How lenders fund a loan's own interest payments, and what costs you still need to plan for.
investors · 5 min read
DSCR Loans for Holding Rentals
How debt-service-coverage loans work, and why they fit investors who don't want to document income the traditional way.
developers · 6 min read
Getting a Loan for a 5 to 900 Unit Multifamily Project
How financing sources and structures scale as a multifamily project grows from a small infill site to a master-planned community.
investors · 5 min read
Fix & Flip Financing 101
How purchase-plus-rehab loans work for investors buying, renovating and reselling property.
all · 5 min read
What a Broker Does That a Bank Won't
Why shopping your deal to multiple lenders — instead of one banker — usually gets you better terms.
all · 5 min read
Documents to Have Ready Before You Apply
The checklist that gets your file in front of lenders fastest, organized by project stage.
Common Questions
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