A Wealth of Information and Service
We offer alternative real estate financing, conventional to unconventional and most everything in between. We are about home loan options and lender resources; exceptional service, diligence, and results.
We are a progressive network of mortgage lending professionals working with borrowers from across the spectrum. First-Time Homebuyers, seasoned homeowners, investors, Foreign Nationals, etc. We are Loan Officers that have more to offer than conventional mortgage loans, working above and beyond conventional, Fannie Mae, Freddie Mac, Ginnie Mae, FHA, VA; government loans, GSE mortgage product.
Unconventional Mortgages
Qualified Mortgages "QM" and Non-Qualified Mortgages "Non-QM", Prime, Non-Prime, Alt Doc Mortgages, Non-QM Mortgages, Non-Conforming. Near Prime, Non-Agency including "a-paper" fall out, High Balance Alt Doc, Alt-QM loans, Alt-A, alternative equity financing, investor loans, private equity loans, real estate equity-based lending, Security-Based lending, Home Equity HELOC loans, Foreclosure Bail Out loans, Hard Money lenders investment property loans, jumbo and super jumbo Mortgages and various income documentation options. Income documentation options such as No Doc Mortgages, Bank Statement Mortgages, Asset Depletion Mortgage loans, Asset Utilization programs, Stated Income/Verified Assets mortgages, and Stated Income/Stated Assets mortgages, No Employment.
In addition, we also have 1-year income, Lite Doc programs and the Reduced Doc, Verification of Employment (VOE) alternative loan programs for borrowers with <2 years pf employment history. Lite (aka Low Doc) and Reduced Doc programs are available to both W2 Wage Earner Borrowers and of course, Self-Employed Borrowers.
Unconventional Mortgage Lenders
Unconventional Mortgage Lenders are ongoing relationships with hundreds of Portfolio Lenders and banks for both Qualified Mortgages and Non-Qualified Mortgages that offer niche loan programs and in-house underwriting guideline exceptions.
We are Loan Officers; Mortgage Brokers, Banks, Wholesale Lenders; Correspondent Lenders; Delegated, and Non-Delegated. The Non-QM mortgage lending space derives from the private sector, privately held investment companies "Investors" and hedge fund companies all of which are not subject to conforming lender underwriting guidelines or Mortgage-Backed Securities qualifications.
Business Purpose Loans - A Type of Owner-Occupied/Primary Residence Stated Income Program. Cash-Out Refinance for the Purpose of Business Expansion, of any kind.
Alternative Home Loans
Alternative real estate financing in large part is about Non-QM mortgage lending These types of mortgages are performing well in the marketplace which means more products and fewer conditions.
Non-Qualified Home Loans
Home loan options and lender resources. Non-QM, Non-Prime, Portfolio, Foreign National, Investor loans.
Self-Employed Borrowers and Non-QM Mortgages
Creditworthy borrowers should be able to purchase or refinance their home. Worthy borrowers deserve to purchase real estate or refinance a property. Self-employed borrowers should be given a chance to obtain a good mortgage loan without being required to produce tax returns, etc. If you are a Self-Employed borrower and you're being asked to provide your tax returns or sign a 4506-T form, call us.
Solutions-Based Mortgage Lending
We handle "a" paper fallout. "Non-Agency", "Just Missed", "Expanded", "Elite", Qualified Mortgages (QM). We have access to additional lending resources, unconventional loan programs as well as niche loan programs. We offer Non-Agency real estate loans, Non-Prime loans, Non-QM loans, non-conventional home loans, Alt-A loans, private equity loans, hard money mortgage loans, private money loans, and Small Business Loans. These are cutting-edge, industry-leading lenders and loan programs.
Since 2001, we have provided a noteworthy insight into the mortgage broker industry. We feel that our innovative and noteworthy product knowledge and superior lender resource speaks to the quality of service we provide to our borrowers as well as the relationships we have cultivated. We understand that every consumer can be different and make it our goal to match you with the lender that meets your specific requirements at the best possible rate, terms, and conditions. We understand that it can sometimes be difficult for a consumer to find the right lending options to fit their individual needs. Not everyone is going to fit in the same box
When needed, we look for compensating factors in every area within a borrower's credit profile including credit, income, employment, assets, seasoning, etc. Such as seasoned cash reserves; a low loan-to-value (LTV) ratio; credit depth; payment history; smart utilization of credit card and revolving accounts; employment history (same line of work/profession); disposable income; seasoned homeowner; low debt-to-income (DTI) ratio; residual income; down payment; long-term employment (same profession) seasoned business owner with a history of consistent income/cash-flow to achieve favorable results in the areas of not just getting approved for a mortgage but approved for the right mortgage.
Potential Compensating Factors (Approval, Pricing, Terms, Conditions)
- Credit History: Depth, Tradeline Seasoning, Credit Utilization, Re-Established Credit, Credit Scores
- Income: Consistent Cash-Flow, Residual, Pension, Dividends, Trust Fund, Disposable Income, Debt-to-Income Ratio (DTI)
- Employment: History, Seasoning, Advanced College Degree, Business Certifications
- Seasoned Liquid Assets: Cash Reserves
- Credit Profile: Over-all Seasoning: Credit, Employment, Retirement Account(s) Assets Accounts; Liquid and Real Estate Equity Positions (portfolio), Homeownership, Business Ownership/Industry Experience
- Credit Score > 20 Points Above Required Credit Score
- DTI Below Guideline Maximum by 5% or Greater
- Reduction in Principal and Interest Housing Payment by 5% or Greater
- Housing Payment (PITIA) Reserves > 12, 24 or 36 Months
- 10% or Greater Increase in Disposable Income
- Etc.
Non-Qualified Mortgages and Alternative Income Documentation
Alternative lending: mortgage loan programs; guidelines; matrices; credit score requirements, the maximum percentage of financing, maximum loan amounts, property types, occupancies, seasoning requirements, liquid reserve requirements, underwriting notes and so forth. After we acquire a new loan program, we post it to this website, select directories and social media websites to inform the consumer market as well as individuals like yourself to know what is currently available in the marketplace in an ever-evolving industry. We do update our information as loan programs come and go and guidelines are always being updated.
We are an information resource like no other. Our unprecedented and unique business model provides an uncommon approach to the mortgage lending industry with our remarkable style of transparency to the uncommon information we provide into the niche broker world of mortgages. We share unique individual loan program guidelines and highlights for some of the most progressive and leading-edge lenders.
It is our priority to make the process of a mortgage loan as simple and quick as possible. We understand that it can sometimes be frustrating for a worthy borrower to find the right mortgage loan to fit their needs. We understand that each consumer can be different and far more than just a credit score; whether it is very high, which is often the case or very low, there are many factors when it comes to qualifying for a mortgage. We feel that the amount of product and resource we have and have worked very hard for is synonymous with the level of service that we provide, day in, day out, file in, file closed. We can take pride in being an authority in this space within the financial community. In the spirit of competition, our overall objective is to inform the consumer and create transparency. BrokerMortgages Blog.