Types of Loans
Action Loan can provide you with the hard money that you need—even when other lending institutions have turned you down. We review all loan applications on a case by case basis.
Action Loan provides the following types of loans:
Residential Investment Property (non owner-occupied only)
Commercial Loans:
- Investment / Multifamily Loans
- Office Building / Condos
- Apartment Complexes
- Stand Alone Commercial Buildings / Strip Centers
Development Loans:
- Construction Loans
- Commercial Building Development
Equipment Loans:
- Farm equipment
- Construction equipment
- Manufacturing equipment
- Heavy vehicles (dump trucks, tractor trailers, etc.)
- Large autos (buses, limousines, etc.)
*Please note: Interest rates on equipment loans will be higher than interest rates on real estate.
Which project are you financing?
Use the project purpose to explore the categories above. The property or equipment involved, its intended use and your repayment plan are useful starting points for a discussion.
| Your project | Category to review | What to discuss |
|---|---|---|
| Investment property | Residential investment property, non-owner-occupied only | How the property will be used, the project budget and the repayment plan. |
| Commercial property | Multifamily, offices, apartments and other commercial buildings | The property type, intended use and details of the proposed transaction. |
| Construction or development | Construction loans and commercial building development | The scope of work, project stage, budget and planned use of the completed property. |
| Business equipment | Farm, construction and manufacturing equipment; the vehicles listed above | The equipment details, business purpose and cost. |
The residential category is for investment property that is not owner-occupied. Confirm the proposed use before proceeding.
