Self Employed Home Loans
Self-employed home loans, also known as "non-QM loans," are a type of mortgage designed for self-employed borrowers who may not meet the traditional lending requirements. These loans take into account a borrower's income, which may fluctuate and can be difficult to document. Self-employed home loans typically require a larger down payment and a higher credit score than traditional loans, but they offer more flexible qualification requirements.
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Self-employed borrowers may also need to provide additional documentation to prove their income, such as bank statements, profit and loss statements, and tax returns. Overall, self-employed home loans provide an option for entrepreneurs and freelancers to achieve homeownership, even if they don't meet the traditional lending requirements.
Self Employed Loan Characteristics
1) Self-employed home loans are designed for borrowers who are self-employed or have irregular income
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2) Self-employed home loans typically require a larger down payment and higher credit score than traditional loans
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3) Borrowers may need to provide additional documentation to prove their income, such as bank statements, profit and loss statements, and tax returns
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4) These loans offer more flexible qualification requirements than traditional loans
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5) Self-employed home loans may have higher interest rates compared to traditional loans
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6) These loans can be used for various purposes, including purchasing a primary residence, a vacation home, or an investment property
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7) Self-employed home loans provide an option for entrepreneurs and freelancers to achieve homeownership, even if they don't meet the traditional lending requirements.
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5) Self-employed home loans may have higher interest rates compared to traditional loans
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6) These loans can be used for various purposes, including purchasing a primary residence, a vacation home, or an investment property
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7) Self-employed home loans provide an option for entrepreneurs and freelancers to achieve homeownership, even if they don't meet the traditional lending requirements.
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"David is incredibly knowledgeable and passionate about his work. Every question I ask him is answered promptly and thoroughly. When necessary, he’s direct and forthright. He’s also kind and empathetic. His skills and qualities add up to a Mortgage Advisor that you WANT on your side."
- Kevin M.
"David is one of the most competent and sincere mortgage lenders I’ve had the opportunity to work with. He’s the epitome of excellence, driven by his passion to serve others."
- Steve D.
“David and his team were amazing to work with. We had a very challenging situation and they were there with us every step of the way until we closed on our home.”
- Richard M.C.
"David is incredibly knowledgeable and passionate about his work. Every question I ask him is answered promptly and thoroughly. When necessary, he’s direct and forthright. He’s also kind and empathetic. His skills and qualities add up to a Mortgage Advisor that you WANT on your side."
- Kevin M.
"David is one of the most competent and sincere mortgage lenders I’ve had the opportunity to work with. He’s the epitome of excellence, driven by his passion to serve others."
- Steve D.
“David and his team were amazing to work with. We had a very challenging situation and they were there with us every step of the way until we closed on our home.”
- Richard M.C.
"David has a high level of integrity & cares deeply for each of his clients. I highly recommend using his expertise in getting you the absolute best mortgage for your money. Do not throw away money to a landlord. Don't let the economy take away your ability to buy a home in this economy. Better to invest in your property that someone else's property!"
Bob D.
“David is patient, engaged, and so knowledgeable! We went through a long home-buying process, changing our minds often about what we wanted. David was with us every step of the way, going above and beyond to answer all of our questions and really helping us understand the daunting mortgage process. I have full confidence that David got us the best rate possible and will continue to keep us updated on when we should refinance down the line. I'm grateful to know that he is here as a guide for us for whatever the future may bring!”
Hannah F.
I am grateful to have had the opportunity to meet and work with David on several occasions. I immediately recognized David’s unparalleled product knowledge surpassed only by his genuine compassion and commitment to his client’s short term needs and long term financial well-being. David’s fierce commitment to excellence combined with an approachable, affable countenance make David the perfect client advocate and coach. I am blessed to call him a friend and professional partner. Anyone who has the goodluck of working with him will learn what I know - he’s the best!
Steve F.
"David has a high level of integrity & cares deeply for each of his clients. I highly recommend using his expertise in getting you the absolute best mortgage for your money. Do not throw away money to a landlord. Don't let the economy take away your ability to buy a home in this economy. Better to invest in your property that someone else's property!"
Bob D.
“David is patient, engaged, and so knowledgeable! We went through a long home-buying process, changing our minds often about what we wanted. David was with us every step of the way, going above and beyond to answer all of our questions and really helping us understand the daunting mortgage process. I have full confidence that David got us the best rate possible and will continue to keep us updated on when we should refinance down the line. I'm grateful to know that he is here as a guide for us for whatever the future may bring!”
Hannah F.
I am grateful to have had the opportunity to meet and work with David on several occasions. I immediately recognized David’s unparalleled product knowledge surpassed only by his genuine compassion and commitment to his client’s short term needs and long term financial well-being. David’s fierce commitment to excellence combined with an approachable, affable countenance make David the perfect client advocate and coach. I am blessed to call him a friend and professional partner. Anyone who has the goodluck of working with him will learn what I know - he’s the best!
Steve F.
Copyright ©2021 | The Infinite Team
Licensed to Do Business | NMLS# 328679
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright © 2021 | NEXA Mortgage
Corporate | NMLS ID NMLS# 1660690
Corporate Address : 3100 W Ray Road #201 Office #209 Chandler, AZ 85226
Copyright ©2021 | The Infinite Team | NMLS# 328679
Licensed to do business in.. MN, WI, IA, ND
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply
Corporate | NMLS ID NMLS# 1660690
Corporate Address : 3100 W Ray Road #201 Office #209 Chandler, AZ 85226
https://nexamortgage.com