Articles by Hannah Darden

warehouse

Warehouse Loans

Reading Time: 3 minutesLenders offer warehouse mortgages for a variety of scenarios, such as purchase, acquisition and development, refinance, and cash-out refinance.

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vacant-lot

Vacant Lot Loans

Reading Time: 3 minutesA loan to buy a vacant lot is a mortgage used to purchase or refinance either an improved or unimproved parcel of land.

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stated-income

Stated-Income Mortgages

Reading Time: 2 minutesA stated-income mortgage is underwritten with the borrower’s income as the primary factor, but the income is stated and not verified in order to save time and money.

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storage

Self Storage/Ministorage Loans

Reading Time: 3 minutesFinancing for a self storage facility is a special-purpose type of commercial property loan pertaining to a facility that allows people to keep their personal belongings away from their primary residence.

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self-employed

Self Employed Mortgages

Reading Time: 2 minutesSelf employed home loans can come in a variety of flavors. It’s possible for these borrowers to qualify for a conventional or government-backed loan, but it’s increasingly common for self-employed workers to get nonqualified (non-QM) loans.

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sba-loan

SBA 7(a) Loan

Reading Time: 2 minutesThe federal government’s Small Business Administration (SBA) has a loan guarantee program that supports commercial lending in the US.

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