Rental Property Loans
A rental property loan is a mortgage for a residence from which the borrower, as a landlord, intends to earn rental income.
Rehab/Renovation/Remodel Loans
A home rehab loan is used to rehab, renovate or remodel a residence. These loans are typically refinances with cash-out.
Owner Builder Construction Loans
Owner builder loans are made for borrowers who are building their own home.
Nonowner-occupied Loans for Residential 1-4 Units
A nonowner-occupied mortgage is a loan for a single family residence, duplex and triplex or fourplex, where the residents are renters.
No-Income Mortgages
Some borrowers aren’t able to provide income documentation. In these cases, a lender may accept other proof of the borrower’s net worth.
No-FICO and Sub-500 FICO
Borrowers with credit scores under 500 or no FICO score will not qualify for prime loan programs and will therefore have to explore non-conventional mortgages.
No-Doc Mortgages
No-doc or low-doc home loans allow a borrower to obtain a mortgage without providing traditional income-verification documents to a lender.
Mobile/Manufactured Home Park Loans
These communities can be large or small. While residents own the manufactured or mobile home itself, the owner of the park earns revenue by leasing the land beneath the homes.
Mobile Home Loans
Manufactured home mortgages are loans that finance the purchase or refinance of a mobile home or a manufactured home.
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.
