Think You Can’t Qualify for a Home Loan Because of Your Income Status? Cue: Non-QM Financing

Think You Can’t Qualify for a Home Loan Because of Your Income Status? Cue: Non-QM Financing

Traditional mortgage products aren’t the only way to qualify for a home loan. With more and more home buyers working non-traditional jobs, the lending landscape is changing to address the specific income status of those unique potential home buyers. Cue: Simple...
What is a 1099 Only Loan?

What is a 1099 Only Loan?

There are many benefits to being a gig worker, independent contractor, or freelancer, including flexible hours, financial freedom, being your own boss, a sense of ownership, security, and having a more balanced lifestyle. But one financial drawback for non-traditional...
Have Uneven Income? You can Still Qualify for a Mortgage

Have Uneven Income? You can Still Qualify for a Mortgage

Not a W-2 earner? Not everyone is. And sometimes a conventional mortgage loan isn’t the answer to your unique work situation. Self-employed, independent contractors, gig workers, commissioned-based employees, landlords, or anyone else who does not have a standard W-2...
How do I know if I qualify for a Non-QM loan?

How do I know if I qualify for a Non-QM loan?

Conventional loans may not be the best-fit mortgage for everybody; borrowers with unique financial circumstances may have difficulty qualifying based on conventional lending requirements. The good news is non-qualified mortgages, or Non-QM loan products, are designed...
Simple Access Programs: Setting Self-Employed, Investors & Independent Contractors Up for Success

Simple Access Programs: Setting Self-Employed, Investors & Independent Contractors Up for Success

When it comes to financing a home mortgage, borrowers may not always think outside the box. Conventional, FHA, VA, and USDA loans are on everyone’s radar. But not everyone fits into those boxes. Self-employed, property investors, and contractors may have good credit,...