Very large loans
Its typical loan was $2.5 million, against $410,000 at similar lenders (non-bank and government lenders making between half and twice as many loans). Refinances made up 81.1% of its 95 loans. The data record no borrower income, so its lending to lower-income borrowers cannot be measured. Loans this large, with no income recorded, may be on apartment buildings or other investment property, though the data do not say so.