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    Real Estate Investing 101 - Understanding the different types of creditors

    The changes in financing options available for residential investment properties over the last 5 years are staggering. Lenders have relaxed the credit and income guidelines for qualification that formerly deterred many would-be investors from entering the real estate. In addition, the down payment requirement has been eliminated for borrowers who qualify. This article surveys the landscape for lenders offering residential investment financing products. Types of Lenders: The lender landscape can be broken into the following broad categories: Conforming Alt-A Non-Conforming or Sub prime Hard Money Each of these offers loans for residential investment properties ( 1-4 unit properties). Conforming Conforming lenders are the A-Paper mortgage banks that cater to borrowers with excellent cred


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