Small loans for other purposes
Nearly half its loans were for other purposes and about a quarter for home improvement; purchases and refinances made up the rest. Its typical loan was $55,000, against $185,000 among similar lenders, here independent non-bank lenders making between half and twice as many loans. Every loan was conventional, as at most of its peers. With only 29 loans, these shares can swing a lot from one year to the next.