Niche Lender Directory

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.

This type of commercial mortgage also is known as a land acquisition loan or land development loan.

Undeveloped land is often purchased by a business-purpose borrower with the intent to develop a commercial real estate asset.

A loan to buy a vacant lot is a mortgage used to purchase or refinance either an improved or unimproved parcel of land.

Lenders offer warehouse mortgages for a variety of scenarios, such as purchase, acquisition and development, refinance, and cash-out refinance.