Loan Terminology
June 29, 2018What is Fannie Mae’s HomeReady Program?
July 20, 2018Mortgage 1 Inc. now offers entrepreneurs an option for getting a loan even though it can be difficult to document their income. Income verification can be the biggest challenge for self-employed borrowers. Our underwriters now have the ability to use 12 or 24 months of bank statements to establish the income of an entrepreneurial borrower.
We know that borrowers sometimes need a loan that matches their life goals. Let The Mortgage 1 team find the best loan to fit your financial goals.
- Borrowers with lower credit scores.
- Borrowers with lower reserves.
- Provisions for First Time Home-buyers.
- Provisions Foreign Nationals.
- Debt-to-Income ratios exceeding 43%.
- Financing available up to $2,000,000.
- LTVs up to 90%.
The entrepreneurial mortgage is perfect for:
- The entrepreneurial mortgage is perfect for:
- Self-employed.
- Airbnb operators.
- Freelancers.
- Seasonal or Handyman services.
- Foreign Nationals.
- Uber or Lyft drivers.
Ready to get started? Try our digital Mortgage called Mortgage in a SNAPĀ