Have you heard of these 3 types of loan programs?
As a mortgage broker, I have access to dozens of different lenders and their diverse array of loan products.
Sometimes, you may have a scenario which could require an out-of-the-box type of loan.
We can take a look at your financial situation, see if we can get you pre-approved by reviewing your timely and official documents you provide to us, and then we can take an inside look at what loan will make the most sense for you.
Here are a few initial questions to consider:
Are you self-employed?
Are you looking to access the equity in your existing home?
Are you looking for a flexible down payment option?
Do you need a down payment assistance program, and do you meet the qualifications to obtain one?
Here are a few examples of loans you might not have heard of before, that could be highly beneficial to you:
Bank Statement Loans are designed for self-employed borrowers who want to qualify using personal or business bank statements instead of traditional tax returns. (There are options for 12 months and 24 months’ of history. We can talk more about that later.)
HELOCs are designed for self-employed homeowners and real estate investors who want flexible access to their home's equity while keeping their existing first mortgage.
DSCR Loans are designed for real estate investors who want to qualify based on a property's cash flow rather than personal income documentation. That means you will not have to provide your personal income docs like W-2’s, for instance.
Let’s talk more about your options today. Call me at 321-972-6468.
