How to Use a Cash Flow Loan Instead of Tax Returns for Investment Property
An investor cash flow loan is also sometimes recognized as a debt service coverage ratio loan. This type of loan is designed specifically for real estate investors hoping to use other means than tax returns to qualify for a mortgage to purchase an investment property...
Tips for Non-QM Mortgage Approval – When Conventional Just Won’t Do
If you have applied for a traditional or conventional loan and been denied approval you are not alone. In fact, there are many borrowers that are perfectly capable of repaying a loan that doesn’t quite fit the parameters of these types of mortgage loans. If you find...
Non QM Loans After Bankruptcy or Foreclosure
Non QM Loans After Bankruptcy or Foreclosure – Home prices have been climbing at very quick rates over the last few years, especially in 2021. They are expected to increase and the housing market to remain strong for at least the next year. This coupled with an...
Applying for a Non-QM Loan After Traditional Loan Denial
The non-QM loan is another name for non-conforming home mortgage loan programs. These types of loans do not have to stick to the parameters and requirement rules set by federal entities in order for them to be backed. These are loans strictly done by the lender to...
Reasons a Non-QM Mortgage Might be Better Than a Traditional One
Reasons a Non-QM Mortgage Might be Better Than a Traditional One – Not every person hoping to purchase a home will be able to qualify for a traditional conventional 30-year fixed-rate mortgage. This can be due to several different reasons that do not meet up to...
Welcome to my Blog!
Here you’ll find tips, updates on mortgage laws and changes that can affect your loan or approval. Check back often for more great ideas.