Which is Better: Fixed Rate or ARM?

by mylenderjackie | Jul 31, 2024 | Loan Programs

If you’re planning to buy a home, you may be deciding between all of your options and weighing if a fixed rate or an ARM is a better option. When you choose a lender like us, with multiple solutions for our diverse borrowers, you may have a bit of analysis...

Common Sense Underwriting for a Stated Income Loan

by mylenderjackie | Jul 25, 2024 | Stated Income Loans

If you’re looking for a non-QM loan option that allows you to show your eligibility without the traditional documentation, a stated income loan might be the perfect fit. This is a creative financing solution that will allow you to work toward your goals in real...

Why a Cash Flow Mortgage is Better than Using Home Equity to Invest

by mylenderjackie | Jul 15, 2024 | Loan Programs

Smart investment-minded individuals are always looking for ways to invest in a new property, and surprisingly a cash flow mortgage might be the best option for you! If you’re looking for creative financing solutions to buy a rental property in Southern...

Stated Income Loan Applications are Easier Than You Think

by mylenderjackie | Jul 10, 2024 | Loan Programs

When you realize a traditional mortgage isn’t the right fit for you, considering non-QM loans can be daunting. If you’re not familiar with them, it may seem overwhelming, but it doesn’t need to be. Actually, applying for a stated income loan is...

DTI for Stated Income Loans

by mylenderjackie | Jul 5, 2024 | Stated Income Loans

We understand that the application process for a stated income loan can be complicated at first, especially if you’re more familiar with the conventional loan application process. If you want to learn more about the application process, we’re always...

Can I Use a Stated Income Loan for a Multi-Family Property?

by mylenderjackie | Jun 25, 2024 | Stated Income Loans

There is a rise in the desirability among real estate investors searching for the perfect multi-family property in Southern California. Real estate remains one of the best investments you can make, even as interest rates and prices increase. Housing is one commodity...

Can I Use Gift Funds for a Stated Income Loan?

by mylenderjackie | Jun 20, 2024 | Buying

Are you interested in the process of getting approved for a stated income loan? These non-QM loans are particularly helpful for some of our clients who don’t have the typical income streams but are ready to invest in a primary residence, a second home, or an...

Applying for a Mortgage without a 5406-C IVES

by mylenderjackie | Jun 11, 2024 | Loan Approvals

Applying for a mortgage can be a relatively simple process if you’re a borrower with traditional income sources, but if you’re not the process can actually be a bit daunting. If you’re finding yourself overwhelmed, we’re here to help. We have...

How to Determine Stated Income as a Self Employed Borrower

by mylenderjackie | Jun 5, 2024 | Buying

If you own your own business or are a wage earner through gig work or another self-employment venture, we know that applying for a mortgage can be daunting. The bad news is, many lenders won’t qualify you for a traditional loan because you won’t be able to...

Comparing Non-QM and Traditional Mortgages

by mylenderjackie | May 28, 2024 | Loan Programs

There are many different types of mortgages, including non-QM mortgages. One of the most complicated parts of the home buying process is determining what type of mortgage is the right fit for you. Choosing the terms that work for your needs, and then making sure you...