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What are some of the various sources of money available for mortgage loans, whether they are for residential and/or commercial projects?

April 26, 2017Commercial money mortgage loans Projects Residential sources various

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What are some of the various sources of money available for mortgage loans, whether they are for residential and/or commercial projects?

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Conventional loans are those arranged entirely between borrowers and lending institute. b) Government-backed loans include those insured by the FHA or guaranteed by the VA. With both types, the actual loan comes from a local lending institution. c) Loans directly from the government include State of New York Mortgage Agency (SONYMA) mortgages and Farmer’s Home Administration (FmHA) loans. d) Private loans are made by individuals.