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Welcome To Groves Capital

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

Rich Somers Report
+ Groves Capital

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

Apply Now
(866) 382-1466
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# 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.

Apply Now
(866) 382-1466
About Image

Testimonials

"I had a great experience working with Groves Capital. Chris and his team were extremely helpful and responsive throughout the entire process. They made the whole experience easy and stress-free. I highly recommend Groves Capital for any mortgage needs!"
"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."
"Josh Settersten is fantastic!! My husband I had the pleasure working with Josh via our first home buying experience, and he made it such an easy process! He was always quick to respond to any of our questions and kept us updated throughout the entire process. We are beyond g
"I worked with Kristin Howard to refi my home and she made the process so easy! She is very knowledgeable and experienced and was able to answer all of my questions. She got me a great rate and saved me a ton of money. I highly recommend Groves Capital for your home loan need
"Desmond, Experience in finding the right solution to getting a home loan was outstanding. His commitment to detail shows that he has his clients best interest at hand. Trust is the most important things when it come to getting a loan and providing personal information. Thank
"Mike Reeves was absolutely amazing. The best loan officer I could have asked for. He was there every single step of the process and answered all my questions immediately. I would HIGHLY recommend him to anyone looking to purchase! Great attitude, can do it spirit, and very k
"I recently had the pleasure of working with Lance Gebhart on my journey to becoming a first-time homeowner, and I cannot express my gratitude enough for the outstanding service he provided. From the initial stages of the homebuying process to well beyond the closing, Lance

# 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
Round

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.

Profile

chris groves
Round

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.

Profile

Team-Member-3-img 1
Round

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.

Profile

jalen 1
Round

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.

Profile

trevor 1
Round

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.

Profile

marty 1
Round

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.

Profile

chance 1
Round

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.

Profile

# Our Partners

As Seen In The News

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