At CCG, we lend on both commercial and residential properties. We lend on owner occupied “consumer purpose loans” for both 1st and 2nd mortgages, purchases and refinances. These loans do require a bit more paperwork, but we feel that owner occupied lending is too valuable to dismiss. We also provide the smaller owner occupied “high costs” loans, too.
We have the flexibility to lend on any type of California real estate, but mostly residential, apartment, commercial and industrial. Of course, our most requested loan is the non-owner or investor residential loan. We will go up to 70% loan-to-value on SFR purchase loans.
We do Commercial properties, including industrial, shopping centers, apartments and office buildings. Additionally, we provide financing for land. We will do flipper rehabs and construction completion.
The loan to value on all our mortgages will vary with location and risk.