Insights
Secure Your Airbnb or Investment Property
Looking for an Airbnb or investment property, but concerned about the daunting requirements of traditional mortgage lenders? Look no further. We understand that your real estate investment needs may not always align with conventional lending standards. That's why we're here to provide tailored solutions to meet your unique mortgage needs. Key Features of Our Airbnb and Investment Property Financing:...
An Asset Utilization Loan Could be the Answer When DTI Exceeds Requirements
Our borrower is embarking on their sixth investment property purchase. With a FICO score of 700 and a Loan-to-Value (LTV) ratio of 75%, their financial profile stands as follows: their debt-to-income ratio, based on tax returns, is at 72%, while the loan amount they are seeking is $250,000. Notably, they possess $1.2 million in a retirement account and $50,000 in stocks and bonds. The question...
NonQMFunding.com: Second Mortgage
There are many reasons why getting a second mortgage on your property makes sense. As a leader in the Non-QM mortgage market, we offer many Non-QM programs. A Bank Statement Second Mortgage is one of our popular loan programs as of lately. Most property owners have fixed in a good interest rate so cashing out to a higher rate just does not make sense. Bank Statement Program The Bank Statement Program...
The Asset Depletion and P&L Programs Get an Update
New Asset Depletion and P&L programs expand our leadership as the nation’s top non-QM mortgage company. We are pleased to announce that as of today, Sept. 15, 2023, you can begin taking advantage of our new Asset Depletion and P&L programs all designed to help our clients get alternative creative financing. New P&L Program 24-month P&L, CPA prepared New Asset Depletion Program 3...
Non-QM Products for Primary Residences
As a leader in the Non-QM market, we offer loans for both primary residences and investment properties. Of course, the investment properties are using the DSCR calculations offsetting the expense with rental income, but that can’t be done with primary residences. Non-QM loan programs don’t only apply to investment properties, we are seeing more and more borrowers looking for Non-QM programs for...
100% Gifts Allowed for Down Payment Including Real Estate Investors
We understand that purchasing a property can be a significant financial commitment. That's why we have designed our purchase program to be flexible and accommodating. Unlike traditional investor programs that don't allow gifts for purchasing a property, our program allows real estate investors to receive gifts just like any other borrower. This means that if you are a real estate investor looking to...