Conventional loans are mortgages provided by banks, credit unions, or other traditional financing sources. They are not offered or secured through a government entity. That
Private money loans occur when a private individual or small business loans another investor/investment company personal funds for investment purposes. They’re often used as a
Overview Fannie Mae (the Federal National Mortgage Association) is a publicly-traded, government-sponsored enterprise (GSE) chartered by Congress for the purpose of increasing homeownership and providing
What does it mean to refinance a real estate loan? Refinancing a real estate loan means you are replacing the current loan with a new
What are mobile park loans? The financing of mobile home parks using a commercial mortgage that is made up of numerous mobile home lots and
What are modular buildings? Modular building is the combination of individual modules which are constructed in a controlled, off-site manufacturing complex and are combined into
What is a general security agreement (GSA)? A general security agreement is used to provide a safeguard for your assets. Dependent on the situation, lenders
What are HUD loans? Housing and Urban Development (HUD) loans are mortgage loans that are offered by private leaders who are approved by the Department
What is a Federal Housing Administration (FHA) loan? An FHA loan is a type of mortgage that is designed to help low to moderate income
What is an owner builder construction loan? An owner builder construction loan is designed for borrowers who want to acquire residential real estate as well
