Loan Types | Boston Trust
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WE LEND MONEY

We're good at it. We've been doing it for years.

LOAN PRODUCTS

Investment Property Loans

Acquisition

Is used specifically for the purpose of buying a property or land.

Foreclosure Auction Loans

Financing used for the acquisition of a foreclosed property at auction or bankruptcy sale which requires a fast closing.

Bridge Loans

A bridge loan is a short-term loan secured by your property. It is used for both residential and commercial real estate financing.

Land Loans

Used to buy a piece of land. The land could be raw (with no entitlement), entitled or permitted.

Fix & Flip

Fix & Flip loans are short-term loans that are used by real estate investors and those looking to make a profit selling homes they’ve improved.

Refinance

Refinancing a loan allows you to replace your current debt obligation with one that has more favorable terms. Through this process, you will take out a new loan to pay off your existing debt, and the terms of the old loan are replaced by a new updated agreement.

Cash out Refinance Loans

A cash-out refinance loan is when a lender works with the borrower to walk away with cash at the closing.

New Construction

A new construction loan is short-term loan used to finance ground-up development including the soft costs, site work, and structure development. Unlike conventional financing, these funds can be provided quickly so there are no delays in the overall project.

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LOAN CRITERIA

Mortgage Capital

PROPERTY TYPES:

All real estate property types considered

LOAN AMOUNT:

$50,000 - $5,000,000

PRE-PAYMENT:

No penalty

AMORTIZATION:

Interest only monthly

LTV:

Up to 75% with exceptions

BORROWER:

A single asset corporation or LLC

BROKERS PROTECTED:

Always

LENDING AREA:

MA, RI, NH & Cape Cod Islands

TERMS:

6 - 24 months

INTEREST RATE:

Fixed Rate or  SOFR plus

SECURITY:

Mortgage

CROSS COLLATERAL:

Yes

CLOSING:

As quick as 3 days

Suburban Homes

PROPERTY TYPES

Boston Trust is a direct private lender of hard money loans with a property value focus.

RESIDENTIAL

  • Single Family

  • 2-4 Family

  • Condominiums

  • Townhouses

COMMERCIAL

  • Multi-family

  • Apartments

  • Commercial

  • Retail

  • Office

  • Mixed Use

  • Gas Stations

  • Auto Facilities

  •  Warehouse

  • Industrial

LAND

  • Raw

  • Permittable

In-house

Underwriting & loan servicing done in-house

fast

Loan closings as quick as 3 days

Educated

Unparalleled market knowledge

Honest

Business built on trust and reputation

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