In the world of real estate, not all properties are created equal. While traditional banks prefer cookie-cutter homes in suburban neighborhoods, many borrowers find themselves shut out of financing simply because their property doesn’t fit the mold.
That’s where Hopkins Financial Services comes in.
What Is a Non-Conforming Property?
A non-conforming property is any real estate asset that falls outside standard lending guidelines. This could be due to its location, condition, zoning, or the type of structure itself. Common examples include:
- Mobile homes on with land (with or without foundations)
- Properties in rural or unincorporated areas
- Residences on commercially zoned lots
- Mixed-use or unconventional buildings
- Raw land or partially developed lots
- Properties used for non-traditional purposes (e.g., ag buildings, event barns, etc.)
These types of properties often raise red flags for traditional lenders, who rely on strict underwriting criteria and comparable sales. If a bank can’t easily value or resell it, they won’t lend on it.
But that doesn’t mean your deal is dead.
How Hopkins Financial Makes These Loans Happen
At Hopkins Financial, we specialize in private money (also known as hard money) lending. Our focus is on the equity in the property, not your credit score or tax returns.
That gives us the flexibility to lend where others won’t.
Whether it’s rural acreage with a well and septic system, or a multi-use parcel that doesn’t fit into a neat residential or commercial box, we look at the bigger picture:
- What is the property worth?
- How much equity is in the deal?
- Does it make sense for all parties involved?
Because we fund based on value and structure loans creatively, we can provide financing for properties that banks flat-out refuse to touch.
Why This Matters Right Now
In today’s market, flexibility is everything. Investors, self-employed buyers, and landowners with unique properties often face uphill battles trying to secure traditional financing.
And while “non-conforming” might sound like a negative—these deals can offer some of the biggest upside. But only if you can get funding in place.
That’s what we do every day.
Real Scenarios We’ve Funded:
- A mobile home on acreage with no recent comps
- A former church being converted into a residence
- A home located on a commercially zoned lot
- Raw land in a fast-growing corridor purchased for future development
Each of these would have been a hard “no” from a traditional lender. For us, they were smart opportunities to help our borrowers move forward.
Final Thoughts: Just Because It’s “Non-Conforming” Doesn’t Mean It’s Non-Financeable
If you—or your client—own a unique piece of real estate that a bank won’t finance, don’t walk away from the opportunity.
At Hopkins Financial Services, we’ve built our reputation by saying yes when others say no. With over 40 years of experience and more than $1 billion in funded deals, we know how to get creative and help make your deal happen.
Contact us today to explore how we can help finance your non-conforming property.
