Are you a successful entrepreneur that has been turned down for a mortgage because you do not fit the profile of a "big box" commercial bank? We can help!

 

We offer a number of bank statement and 1099 mortgage loan programs where we calculate your actual income before your deductions to the IRS. Sound appealing? Give us a call and we can take you through the process.

 

We love working with independent business owners and understand their needs primarily because we are independently employed just like you are.

  • Loan amounts up to $3M

  • Use 12 or 24 month bank statements, 1099's or asset depletion to qualify

  • No tax transcripts or tax returns required

  • No CPA letter 

  • DTI up to 50%, 620 min. FICO

  • 4+ years major derogatory credit

  • $1.25M cash out at 80% LTV, $1M cash in hand

  • Up to 15 financed properties

  • Fixed 30; ARM 5/1, 7/1, 10/1 – all with optional Interest Only

  • 90% LTV Purchase/Rate & Term – No MI (85% LTV Condos)

 

We understand the unique needs self- employed individuals have when it comes to financing a home.

This program allows self-employed individuals to use 12 or 24 months’ personal and/or business bank statements, 1099 or asset based income, a self prepared P&L, to support their income in qualifying for a mortgage.

First time homebuyers and seasoned homeowners alike are eligible to finance or refinance a new home, second home, or investment property with this program.