Traditional mortgage Archives | Maor Max Lavi

Non-Qualified Mortgages (Non-QM) are mortgages that don’t meet the “qualified” standards set by the government. They cater to people who are just a little outside the norm – self-employed borrowers, those who write off all their expenses, or people without a standard paycheck. If traditional loans slam the door in your face, a Non-QM might be the back door you’re looking for.

If you own investment properties, you might be able to use them to help you qualify for your next home loan. Leveraging rental income can improve your debt-to-income (DTI) ratio and show lenders that you have the income stability needed for approval. However, it’s important to understand how to properly document your rental income to make the process as smooth as possible.

Bank statement loans are a game changer for self employed, freelancers, gig workers or 1099 contractors.

Bank statement loans are a game-changer for anyone who doesn’t fit the traditional mortgage mold. With less paperwork, quicker approvals, and more flexibility, they make homeownership possible for self-employed individuals, freelancers, and small business owners. If you’ve been struggling to qualify for a mortgage, it’s time to explore the possibilities of bank statement loans. Break down the barriers and step closer to owning your dream home or investment property.