Lenders offer warehouse mortgages for a variety of scenarios, such as purchase, acquisition and development, refinance, and cash-out refinance.

A loan to buy a vacant lot is a mortgage used to purchase or refinance either an improved or unimproved parcel of land.

Undeveloped land is often purchased by a business-purpose borrower with the intent to develop a commercial real estate asset.

This type of commercial mortgage also is known as a land acquisition loan or land development loan.

A 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.

Financing 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.

Self 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.

The federal government’s Small Business Administration (SBA) has a loan guarantee program that supports commercial lending in the US.