Is a bank statement loan right for you? While this article can’t provide a final answer, it can provide some context on whether or not this is the right mortgage for your purchase.
A bank statement loan can be used…
Bank statement loans can create a path to mortgage financing when other options fall short. With high loan limits, reasonable downpayment requirements, and flexible application terms, these loans are ideal for many people, especially the self employed.
Here are seven reasons to use…
When you go through the mortgage process, there are many steps involved. As we have discussed in previous blog articles, you’ll need to complete steps such as pre-qualification and pre-approval . But there is also a step, one less known than…
This article will explain the important documents you'll need if you want to use an asset mortgage on your next home purchase.
There are many ways to qualify for a mortgage loan. You can, like most people, use your income. But if you…
Although the industry is growing, cannabis industry home loans remain difficult to secure. This article will discuss the documents you'll need to complete one of these loans.
The cannabis industry is growing larger every year. With more states legalizing medical and recreational cannabis,…
When you are seeking a mortgage, there are many options available. One of the most popular is a “W2 mortgage.” These loans, which are a common option for salaried and wage-earning employees, could help you purchase a wonderful home.
If…
If you are a business owner or a self-employed professional, you have very different needs for mortgage lending. The typical documents used in a mortgage application, such as paystubs and tax returns, often don’t apply to your situation, especially if you use…
An asset-utilization loan is a good option if you have an irregular income but a strong personal net worth. This article will explain the benefits of this useful mortgage.
The economic situation for many Americans in changing. Traditional income sources are becoming less…
For most people, using traditional income documents, such as paystubs and tax returns, is the best (and possibly the only) way to qualify for a loan. But for others, these documents are either incomplete or simply don’t exist. Asset utilization, therefore, may…
With a changing work environment, bank statement loans are becoming more important than ever before. People are adjusting how they work, and these changes have made the need for flexible loan approval more common.
Using bank statements instead of paystubs,…
In a previous article, we discussed the various strategies we can use to establish your income . We feel this is an important topic, and we’d like to revisit the subject by discussing the different people who may benefit from these strategies.…