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2. No doc loan - Wikipedia

   en.wikipedia.org/wiki/No_doc_loan

   For this reason most no doc loans are for business purposes or are for investment in something other than residential property. Private money is the main source of no doc loans, often with interest rates charged at 2% to 6% per month (24% to 72% p.a.). Non-conforming lenders focus on the lower risk no doc loans and offer more competitive ...

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. Causes of the 2000s United States housing bubble - Wikipedia

   en.wikipedia.org/wiki/Causes_of_the_2000s_United...

   The recent use of subprime mortgages, adjustable rate mortgages, interest-only mortgages, Credit default swaps, Collateralized debt obligations, Frozen credit markets and stated income loans (a subset of "Alt-A" loans, where the borrower did not have to provide documentation to substantiate the income stated on the application; these loans were ...

5. Loan-to-value ratio - Wikipedia

   en.wikipedia.org/wiki/Loan-to-value_ratio

   Typically, an LVR of 80% or lower is deemed low risk for conforming loans, and 60% and below for a no doc loan or low doc loan. [4] Unique to the Australian market is the availability of higher LVR loans, which can extend up to 95% with mortgage insurance and even 100% LVR loans under certain conditions.

6. Nonrecourse debt - Wikipedia

   en.wikipedia.org/wiki/Nonrecourse_debt

   Assuming that the creditor forecloses on the property and that the $20,000 excess of the debt over the property's fair market value ($100,000 less $80,000) is contractually discharged (for didactic symmetry with the nonrecourse example, let's assume, contrary to the commercial point of a recourse loan, that the debt is outright forgiven by the ...

7. SBA 504 Loan - Wikipedia

   en.wikipedia.org/wiki/SBA_504_Loan

   There are three partners in an SBA 504 loan—the borrower, a bank or other regulated lender, and a CDC. Typically the borrower must contribute 10% of the total project cost; their bank lends 50% at their own rate and term (as long as the term is at least 10 years), and has a first lien on the assets being financed; and the CDC lends 40%, with a second lien.