tree

Welcome To Groves Capital

Podcast Listeners receive a $2,500 credit towards closing costs or appraisal!

Rich Somers Report
+ Groves Capital

money

PERMANENT LOANS

A permanent loan is a garden variety first mortgage on a commercial property. To qualify as a permanent loan, the loan must have some amortization and a term of at least five years.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

TAKEOUT LOAN

A takeout loan is a garden variety permanent loan where the proceeds of the loan are used to pay off a construction loan.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

BRIDGE LOAN

A bridge loan is a short-term, first mortgage loan on commercial property. The term could be from 6 months to three years. The interest rate on bridge loans is typically much higher than on permanent loans.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

COMMERCIAL CONSTRUCTION

A loan of one to two years used to build a commercial property. The loan proceeds are controlled by the lender in order to make sure they are only used in the construction of the new building.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

CONDUIT LOAN

A conduit loan is a large permanent loan on a fairly standard type of commercial property, which is underwritten to secondary market guidelines and which has an enormous prepayment penalty. Such loans enjoy very low interest rates. Conduit loans are later assigned to pools and securitized to become commercial mortgage -backed securities.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

SBA LOAN

Loans to users of commercial real estate which are written by private companies, such as banks and specialty finance companies, but which are largely guaranteed by the Small Business Administration. SBA loan guarantees were created by Congress to encourage the formation and growth of small businesses.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

SBA 7(a)

The SBA 7(a) program is a 25-year, fully-amortized, first mortgage loan program with a floating rate, tied to the Prime Rate.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

SBA 504

The SBA 504 loan program starts with a conventional, fixed-rate, first mortgage and then adds a 20-year fully-amortized, SBA-guaranteed, second mortgage behind it. It is the most common way to get a fixed rate SBA loan.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

SBA CONSTRUCTION

Many SBA lenders will write conventional construction loans that convert automatically to 25-year SBA loans upon completion.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

USDA B&I

The Department of Agriculture’s Business and Industry loan program is very similar to the SBA loan program, where a conventional lender makes the loan but the USDA guarantees most of it. USDA Business and Industry loans were created to help create jobs in rural areas.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

HYPOTHECATIONS

A hypothecation is actually a personal property loan secured by a note and mortgage owned by the borrower. The borrower’s note and mortgage are often created when the borrower sells a piece of real estate and carries back the financing. Later the borrower might need cash and pledges his mortgage receivable as collateral.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

money

FIX & FLIP

Fix and flip loans are renovation loans that are similar to construction loans. Typically the loan is used to acquire residential property with enough additional proceeds to renovate the property for a quick sale.

Loan Amounts: $500k - $5 Billion

Loan Terms: 12-20 Years

Close & Fund: 45-60 Days

All 50 States

# About Us

Exclusive Opportunity for Investors & Podcast Listeners

Insightful Financial Conversations

The Rich Somers Podcast, known for its deep dives into financial topics, partners with us to bring you the latest insights on mortgage products.

Unlock Special Offers

As a listener of The Rich Somers Podcast, you have exclusive access to our specialized financial products. Learn how our services align with your financial goals.

About Image 1

# Steps & Process

How We Work Together

Learn how Groves Capital, through this partnership, simplifies mortgage transactions, offering clarity and confidence in your financial decisions.

Groves Capital, renowned for its personalized mortgage services, offers a range of solutions including home purchases, refinancing, and investment properties. We specialize in understanding your unique financial needs.

Apply for funding

We’ll review your scenarios and provide loan options that work.

Speak with our team

Our team will give you an honest initial assessment of your client’s deal and feedback about their opportunities and lending options.

Provide documentation

Then just provide us with minimal documentation and property information about the project and we’ll start the loan process.

Focus on closing

We’ll do the rest and contact you or your client every step of the way to ensure a smooth closing.

We’ll review your scenario and provide loan options that work.

Our team will give you an honest initial assessment of your deal and feedback about opportunities and lending options.

Then just provide us with minimal documentation and property information about the project and we’ll start the loan process.

We’ll do the rest and contact you or your client every step of the way to ensure a smooth closing.

About Image

#Our Clients Say It Best

Testimonials

"Kristin Howard is genuinely helpful, knowledgeable, and accommodating. She went out of her way to assist us not once but three times now. Home purchase, home equity loan to update and upgrade our home, and refinance. VA loans she’s hands down the best!"

"I had the absolute pleasure of working with Kristin Howard on three separate deals, and I can confidently say that she is an incredible professional. Each time, Kristin made the entire process seamless, stress-free, and efficient. Her attention to detail, clear communication…

"I’ve had the pleasure of working with Kristin Howard for the last two years. She has been a substantial asset to My business, No matter the loan size. She is dedicated to her work and Facilitating the process. If One is trying to obtain commercial financing, Residential, Or…

"Outstanding Service and Expertise! I had the pleasure of working with Silvia during my home purchase, and I cannot recommend her highly enough. From the very beginning, Silvia demonstrated exceptional professionalism, expertise, and genuine care for my needs. She took the ti…

"I worked with Silvia she was very knowledgeable and creative! Outstanding experience and highly recommended."

"Groves Capital is truly the best in the country. Their team is exceptional, providing outstanding service with unmatched professionalism. Highly recommended!"

"Kristin Howard & Travis Welfle were amazing. They were very responsive and diligent. Kristin walked me through the whole process and made the experience less stressful than I had anticipated. Thank you!"

"I have financed multiple properties with these guys, and it's been amazing every time. The process was seamless. And I got the best possible rate. They are incredibly professional and efficient. Highly recommended."

"John Murdock was such a pleasure to work with he went above and beyond to be sure everything was transparent. He made sure we had the knowledge on what to expect through the loan process. he is definitely an asset to your company. Will definitely use him again when needing f…

"We felt very supported in our loan and made the process very easy. Thank you to Chris and his team for the excellent communication and support."

# Team & Leadership

Find A Loan Officer

We’ve been helping customers afford the home of their dreams for many years and we love what we do.

aleyna groves

Aleyna Groves

COO | OWNER

Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.

chris groves

Chris Groves

CEO/OWNER NMLS#: 1508637

Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.

Team-Member-3-img 1

Khloe Kim

OPERATIONS MANAGER

Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.

jalen 1

Jalen Fields

HR MANAGER

Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.

trevor 1

Trevor Gravink

SALES DIRECTOR NMLS#: 1707407

Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.

marty 1

Marty J. Domingue, Jr.

PROCESSING MANAGER / PRICING DESK

Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.

chance 1

Chance Formo

ONBOARDING MANAGER

Whether you’re buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist. Since market conditions and mortgage programs change frequently, you need to make sure you’re dealing with a top professional who is able to give you quick and accurate financial advice.

# Our Partners