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  2. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    A USDA home loan is different from a traditional mortgage offered in the United States in several ways. USDA loans require no down payment, meaning that it is possible to finance up to 100% of the property value. One must meet the income restrictions for the county in which the buyer is interested. Each county has a maximum Income Requirement.

  3. Hard money loan - Wikipedia

    en.wikipedia.org/wiki/Hard_money_loan

    The loan amount the hard money lender is able to lend is determined by the ratio of loan amount divided by the value of the property. This is known as the loan to value (LTV). Many hard money lenders will only lend up to 65% of the current value of the property. [3] There is no such thing as 100% LTV for this type of transactions.

  4. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

  5. Low-Income Housing Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Low-Income_Housing_Tax_Credit

    The credit percentages are announced monthly by the Internal Revenue Service, but for buildings placed in service after July 30, 2008, the credit for new and rehabilitated buildings that are not financed with tax-exempt bonds is not less than 9%, and for most bond-financed projects with bonds issued after 2020, a 4% rate. Rules that provided a ...

  6. SBA 504 Loan - Wikipedia

    en.wikipedia.org/wiki/SBA_504_Loan

    The fully amortized rate for loans funding in August 2010 was 4.931% (the number changes based on the rate for current 5-year and 10-year U.S. Treasury issues). The funds for these loans are raised through a monthly auction of debentures that are 100% guaranteed by the U.S. Government. If the financing is for long-lasting fixed equipment such ...

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