Locating the best property mortgage takes enough legwork Borrow secured on their residence’s guarantee: Do you have nice equity built in your existing assets? Property equity mortgage makes you tap into one to value, which can be used on a land buy. However, remember that this one sets the majority of your home on the line. SBA 504 financing: Advertisers that want to make use of an item of residential property having their organization you certainly will be eligible for a You Small business Administration financing. The new SBA and bank for each create area of the mortgage, and you might need to make a down payment of at least 10%. Proprietor financial support: New organization offering brand new home may provide holder resource.