Specialty Program Highlights
Our specialty programs provide flexibility and simplicity, making the home purchase or refinance process possible when other conventional programs are not a good fit.
No Tax Returns Program
Our no tax return programs allow for self-employed, business owners and wage earners to use alternative documents to establish their income to qualify for a mortgage. These loans provide many financing options including 30-year fixed, ARM, Interest Only and so on. Owner-occupied and investment properties qualify under these loans.
Alternative documents include any of the following options:
- Self-employment or company profit and loss (P&L) statements
- Company or Personal bank statements – 12 or 24 months
- Rental income from the subject property – Investor Advantage Program
Investor Advantage Program
For rental properties and in lieu of verified income or tax returns, we qualify borrowers based on the market rental value of the subject property. Depending on the loan scenario, up to 100% of the rental income can be used to cover the monthly mortgage payment, property tax and insurance.
Bank Statement Program
The Bank Statement program is designed to help self-employed borrowers qualify by analyzing their cash flow. In lieu of tax returns, we can utilize 12-24 months of business or personal bank statements.
1% Down Payment – First Time Home Buyers
Available to first time home-buyers to purchase a property with as little as 1% down payment and qualify for a conventional program that would usually require a minimum of 3% down payment. Under this program, the additional 2% down payment will be provided by the lender as a second trust deed loan, with no payment required and balance of the note is forgiven after 36 months.
Work Visa Loan Program
This program is designed for borrowers who have Work Visas and/or are Expatriates; professionals entering the U.S. on an acceptable temporary or permanent worker visa or U.S. citizens living abroad looking to finance a property in the United States.
Foreign National Program
The foreign national program allows foreign investors to purchase properties in the California; all foreign income, credit and tax documentations are acceptable; For countries with no taxation or credit systems, these documents will not be required.