Warehouse Loans
![warehouse](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/warehouse.jpg)
Lenders offer warehouse mortgages for a variety of scenarios, such as purchase, acquisition and development, refinance, and cash-out refinance.
Vacant Lot Loans
![vacant-lot](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/vacant-lot.jpg)
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 Loans
![undeveloped-land](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/undeveloped-land.jpg)
Undeveloped land is often purchased by a business-purpose borrower with the intent to develop a commercial real estate asset.
Subdivision Development Loans
![subdivision-development](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/subdivision-development.jpg)
This type of commercial mortgage also is known as a land acquisition loan or land development loan.
Stated-Income Mortgages
![stated-income](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/stated-income.jpg)
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.
Self Storage/Ministorage Loans
![storage](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/storage.jpg)
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 Mortgages
![self-employed](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/self-employed.jpg)
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.
SBA 7(a) Loan
![sba-loan](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/sba-loan.jpg)
The federal government’s Small Business Administration (SBA) has a loan guarantee program that supports commercial lending in the US.
Restaurant Loans
![restaraunt](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/restaraunt.jpg)
Lenders offer mortgages for an array of restaurant scenarios, including start-ups, opening and financing a restaurant, cafés, fast-food franchises, bakeries, specialty restaurants, franchised or branded restaurants, chains and independents.
Residential Second Lien Mortgages
![second-home](https://sg.dev.scotsmanguide.com/files/sites/2/2022/11/second-home.jpg)
A second mortgage is a loan a borrower takes on a home that people live in, whether it is a primary residence, a vacation home or a rental property.