Our Lending Character
The vast majority of our lenders aim to help self-employed individuals and entrepreneurs get the funding they need for personal, residential and commerical projects.
Entrepreneurs often are rejected for loans because they do not have traditional sources of income that leave a trace such as paystubs.
In recent years the government has made critical changes within consumer law that makes it easier for entrepreneurs to obtain funding on fairer terms.
Below are the primary types of lending we can help our clients secure. You will learn that we offer many other types during the course of working with us.
Stated Income Loans
Stated Income Loans allow applicants to furnish bank statements to qualify for loans. Proving that one has sufficient cash reserves or consistentĀ bank deposits from an operation of business, convinces lenders he can meet mortage payment obligations.
No Documentation Lending.
No-doc lending can be intimidating to understand and commit to, but any entrepreneur understands the need for them in the financial world.
No-doc loans allow entrepreneurs to obtain mortgage loans with little to no documentation. One simply borrows what he needs on the lenders terms, using the projected property as collateral.
The concern with no-doc lending is high interest rates. However, our handpicked lenders can help lower the interest rates and fees.
DSRC Loans
DSRC loans are popular lending solutions for developers and realestate investors.
A borrower secures a DSRC loan based on the past and projected income of a given property.
A DSRC loan measures a property's operating income to the amount of debt the property owes. This produces a ratio which then determines the amount of money a borrower is approved for.
Generally speaking, the higher the ratio the higher the borrowing limit.
These areĀ only a few of the types of loans we offer. Email us for an extensive list of the kind of lending we can get you approved for.