Frequently asked
questions.

Possibly. Non-QM paths such as bank statements, P&L only, 1099, DSCR, or asset depletion may document ability to repay without relying solely on tax returns.

Yes. We review alternative documentation and equity-based programs that may fit income, cash flow, or assets not recognized by conventional bank underwriting.

It varies by product, loan amount, LTV, and compensating factors. Many non-QM programs begin around 620–680, with exceptions and additional requirements depending on the file.

Some programs may use rental cash flow or eligible assets instead of traditional employment income. Every loan remains subject to ability-to-repay and product-specific underwriting requirements.

Requirements vary. HELOC and cash-out programs commonly require 20–30% or more equity remaining after the new loan. Reverse mortgage programs use separate age-based LTV structures.

Yes. DSCR programs may qualify an investment property primarily through its rental income and debt service coverage rather than personal income.

The initial 30-second review does not include a credit pull. Any credit inquiry during a formal application occurs only after separate authorization.

Many complete non-QM files close in about 14–21 days. Reverse mortgages may take around 30–45 days because of counseling and additional processing requirements.

Documents depend on the selected program and may include identification, bank or asset statements, P&L, 1099s, property and rental information, insurance, and title records.

A mortgage specialist reviews your information, identifies likely programs and documentation paths, and contacts you with a proposed structure and next steps before a formal application.

A HELOC is a revolving second-lien line that preserves the existing first mortgage. Cash-out refinance replaces the existing mortgage with a larger first-lien loan and delivers the difference at closing.

No. A HELOC or other eligible second-lien structure may allow access to equity while leaving the existing first mortgage in place.

It is a loan allowing eligible older homeowners to access home equity without required monthly mortgage payments. Proprietary jumbo programs may begin at age 55; FHA HECMs begin at age 62.

A DSCR loan evaluates whether an investment property’s rental income can cover its debt payments, often without using the borrower’s personal employment income.

A bank statement loan calculates qualifying income from typically 12 or 24 months of personal or business deposits, often for self-employed borrowers.

It converts eligible liquid assets into a calculated monthly income stream and may serve high-net-worth borrowers with limited traditional monthly income.

Availability depends on licensing and individual lender programs. We confirm eligibility using the subject property address during the initial review.

Eligible property types may include primary homes, second homes, investment properties, single-family homes, condominiums, and certain multifamily properties, subject to program rules.

Depending on the program, permanent residents, non-permanent residents, or foreign nationals may qualify. Documentation varies by residency status, assets, income, and property use.

They can carry higher rates or costs because of alternative documentation and risk assessment. Actual pricing depends on credit, LTV, assets, product, and market conditions.

We may provide an initial range based on preliminary information, but a final rate requires a complete application, authorization, appraisal, and lender underwriting.

No tax returns are required for eligible business-purpose programs. Other borrower and project documentation is still required, depending on the lender and program.

Bring us the scenario. Experience requirements and financing terms depend on the program, property and proposed project.

Yes. Investor-focused agents and general contractors can help provide acquisition details, the scope of work, budget and schedule so everyone starts with the same project information.

Tell us at the start. An owner-occupied renovation needs a separate financing and eligibility review. The business-purpose investor terms on this page should not be assumed to apply. If you already own the home, explore HELOC and cash-out refinance options through Access Your Equity.