Mortgage Loans
The most common forms of loans associated with real estate are mortgages and home equity loans. A mortgage, simply defined, is a long-term loan on a specific property or piece of real estate. Payments on these long-term loans are usually made over 15, 20, or 30 years. The most common sources for mortgage loans are banks, credit unions, and mortgage companies. A home equity loan is typically set up as a revolving line of credit with a variable interest rate. Depending upon the value of the home, the owner can borrow up to 85% of the appraised value of the house, less the amount still owed on the mortgage. The links herein relate specifically to real estate loans.
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Amerisave.com
Purchase, pre qualify, and apply for home loans and mortgage refinancing.
Avatar Financial Commercial Real Estate Loans
Provides alternative funding based on capitalization of commercial real estate property. Funds nationwide, minimum of $500K