Alternative Documentation
Self-employed borrowers represent an underserved market in the mortgage industry and our various loan programs are the perfect fit for those borrowers who need non-traditional methods and/or non-traditional documentation to show the true cash flow of their business.
Bank Statement Loan
This loan program qualifies homeowners by using 12-24 months bank statements and calculating income by averaging the monthly deposits for that period minus an expense ratio unique to each investor. Borrowers do not have to own 100% of the business. Our Bank Statement program provides an alternative solution so you don't have to provide your tax returns.
1 - Page Bank Statement Loan
No Need to show the entire bank statement, only the important stuff on the first page without all the BS (bank statement that is).
1099 Only
Designed for freelancers and independent contractors that get paid like a business owner but may not actually own a business. With this program, a borrower only provides there year end 1099 as proof of income, no tax returns needed, so we won't hold your business writes off against you.
Profit & Loss Statement Only
Have your CPA write a letter stating your business is active and operational and sign your Profit & Loss statement and we can use that to qualify you for a loan.
No Employment + No Income = No Ratio
That's right, you do not fill out the employment and income section of the loan application to qualify for the loan.
