Since 2009, Dan Cassel and the Trinity Mortgage Broker team have been committed to helping Self Employed Borrowers use alternative “Lite Documentation” loan solutions to achieve their Real Estate Ownership Dreams, as we navigate the often “confusing” and “shifting” world of Real Estate Loans.

With Todays Improving Interest Rate markets, Investors, Builders, Families and Realtors rely on our Lending Teams expertise, Our Loan Networks and our “Lending Platform Technology” research systems to deliver solid “Niche” Loan Solutions and Loan Pricing for the Self Employed Borrower generally not offered by the local “Full Service Banks” or “Large Mortgage Banks”.

One common question we are asked is “how does a self-employed worker qualify for a Real Estate Loan?”  “How can we Document our income?”

Here are a few ways the Self Employed Real Estate Borrowers we work with can document income:

• Fixed Expense Ratio – This is the quickest and easiest calculation. Simply add up the total business deposits and apply a fixed expense ratio, if any, based on the type and size of the borrowers business. The net figure, after the expense ratio is applied, will be used for qualifying income.
• Borrower Prepared P&L – Borrower provides an un-audited P&L covering the same time period as the bank statements being used to qualify. The gross income on the P&L should be supported by the business deposits. The net income on the P&L will be used for qualifying income.
• Personal or Business Bank Statements – Generally you take deposits x 12 months with some expenses factor, typically.
• DSCR Loans based on Rents

Highlights Of Our California Self Employed Borrower Loans

• Make-sense underwriting with risk-based guideline exceptions
• W’2 and 1009 Incomes combo OK
• Jumbo Loans, Primary, Second and Investment Loans are Ok
• Aggressive 30 Year Fixed Rate Bank Statement Loan Pricing
• Jumbo Loans to 5 Mil plus
• Typically loan to 95% LTV is $1 million – 90% LTV to $1.5 million – 75-80% LTV to $5 Mil million. Call to review scenarios!
• Non-owner occupied up to 80% LTV to $1.5 million. We offer Non Owner Loans to 5 Mil
• Expanded DTI up to 50% for owner occupied purchases and R&T refi’s
• 1 year tax return or W-2 documentation is one solution
• 12 or 24 month personal Bank Statement qualification with no expenses!
• Cash out Refi’s Common with reduced slightly LTV
• Non-warrantable condo’s considered

Dan Cassel and the Trinity Mortgage Lending Team have been providing Real Estate Residential and Commercial Loan Solutions to the market since 2009.

To learn more please visit www.dansrealestateloans.com or phone our Experienced Loan team direct at 866-310-1112

NMLS # 347918 CA DRE # 01146347