Articles by Hannah Darden

jumbo

Jumbo Loans

Jumbo mortgage loans are loans with amounts that exceed the maximum amount that Fannie Mae and Freddie Mac will buy. There are different loan thresholds for VA jumbo loans, as well as FHA and USDA.

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golf-course

Golf Course Loans

A commercial golf course loan is a mortgage that finances a golf course. Golf courses are categorized as a type of entertainment/recreational property under the commercial umbrella.

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gas-station

Gas Station Loans

Gas stations are a type of retail property that resides under the larger umbrella of commercial properties. Lenders offer gas station loans for purchase, refinance and refinance with cash-out.

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fix-and-flip

Fix and Flip Loans

The term “fix and flip loans” refers to financing given to a buyer renovating a distressed residence with the purpose of selling it.

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heloc

First Lien HELOC

A HELOC can be a first-lien loan if the property owner uses it to pay off an existing mortgage or if they already own the home outright.

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Farm Loans

Farm Loans

Farm loans are a specific type of agricultural loan that resides under the commercial property category because farms produce income.

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