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Gap financing - Gap Financing is a term mostly associated with mortgage or property loans. It is an interim loan given to finance the difference between the floor loan and the maximum permanent loan as committed.
Chicago Community Loan Fund - Chicago Community Loan Fund (CCLF) provides flexible financing to nonprofit community development organizations for the revitalization of low- and moderate-income neighborhoods throughout metropolitan Chicago. As a not-for-profit revolving loan fund, CCLF provides financing for development projects promising high social impact which for-profit, regulated financial institutions generally do not provide.
Amortization calculator - An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.
Hard money loan - A Hard Money Loan is a specific type of financing in which a borrower receives funds based on the value of a commercial real estate property. Hard money loans are typically issued at much higher interest rates than standard commercial or residential property loans and are almost never issued by a standard commercial bank.
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