Here are ways to qualify for a Home Loan if you are a Self-Employed Borrower
Did you know that Dan Cassel and Trinity Mortgage Brokers offer Residential Home Loan amounts generally up to $3.5 million on a Primary Purchase or “Rate and Term” Refinance Loans? Furthermore, with the option for Interest-Only payments available across many of our products, you can tailor your Mortgage Loan and Financial plan to suit your unique needs.
Here is how you can qualify if you are Self Employed:
1) 12 months Business or Personal Bank Statements,
2) 1099 and the calendar year Bank Statements,
3) 12-month Profit and Loss statement with 2 months Bank Statements
4) Combine Asset Utilization with income to help meet our DTI threshold of 50%
Here is how you can qualify using Alternate Loan Documentation if you are a borrower(s) who is a Wage Earner:
1) One year W-2’s or Tax Returns
2) Combine Asset utilization with income to help meet our DTI threshold of 50%
Contact me, Dan Cassel, today via phone or email for clarity and to get started on your next Residential Mortgage Loan.
Danc@dansrealestateloans.com
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