Niche Lender Directory

Reading Time: < 1 minuteCommercial business loans are offered by many types of lenders, including ones that finance real estate purchases, refinances and second mortgages.

Reading Time: 3 minutesCannabis loans are available to finance dispensaries, farming and growing facilities, cannabis product manufacturing facilities or other properties related to the marijuana industry.

Reading Time: 2 minutesA car wash loan is a commercial mortgage that finances a car wash, which is a special-purpose type of commercial property.

Reading Time: < 1 minuteFaith-based organizations of all types fall into a specialized niche of commercial real estate financing.

Reading Time: 2 minutesIn commercial real estate, mixed use is a term used to describe a property with multiple uses, such as a multistory building with retail space on the bottom floor.

Reading Time: 2 minutesCommercial second mortgages are second mortgages taken on income-producing properties, such as businesses, offices and factories.

Reading Time: 2 minutesA correspondent relationship is an avenue for mortgage brokers and bankers to sell the mortgage loans they write.

Reading Time: 3 minutesFarm loans are a specific type of agricultural loan that resides under the commercial property category because farms produce income.

Reading Time: < 1 minuteA 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.

Reading Time: 2 minutesThe term “fix and flip loans” refers to financing given to a buyer renovating a distressed residence with the purpose of selling it.

Reading Time: < 1 minuteITIN and DACA recipients are able to obtain a variety of nonqualified mortgages through private lenders that will either service the loans in their own portfolio or sell them on the secondary market.

Reading Time: 2 minutesGas 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.

Reading Time: 2 minutesA 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.

Reading Time: 2 minutesA hotel or motel loan is a type of commercial mortgage that liens a specific classification of hospitality property.

Reading Time: 3 minutesInvestment property loans are used for the purchase of non-primary residences with the intent of earning a return on the investment.

Reading Time: 2 minutesJumbo 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.

Reading Time: 2 minutesManufactured home mortgages are loans that finance the purchase or refinance of a mobile home or a manufactured home.

Reading Time: 2 minutesThese 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.

Reading Time: 3 minutesNo-doc or low-doc home loans allow a borrower to obtain a mortgage without providing traditional income-verification documents to a lender.

Reading Time: 2 minutesBorrowers 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.

Reading Time: 2 minutesSome borrowers aren’t able to provide income documentation. In these cases, a lender may accept other proof of the borrower’s net worth.

Reading Time: 2 minutesA nonowner-occupied mortgage is a loan for a single family residence, duplex and triplex or fourplex, where the residents are renters.

Reading Time: 3 minutesOwner builder loans are made for borrowers who are building their own home.

Reading Time: 2 minutesA home rehab loan is used to rehab, renovate or remodel a residence. These loans are typically refinances with cash-out.

Reading Time: 3 minutesA rental property loan is a mortgage for a residence from which the borrower, as a landlord, intends to earn rental income.

Reading Time: 3 minutesA 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.

Reading Time: 3 minutesLenders 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.

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

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.

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.

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.

Reading Time: 2 minutesThis type of commercial mortgage also is known as a land acquisition loan or land development loan.

Reading Time: < 1 minuteUndeveloped land is often purchased by a business-purpose borrower with the intent to develop a commercial real estate asset.

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.

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