Alternative Mortgages

Bank Statement Income Loan

  • For Self-Employed borrowers who cannot qualify with traditional income calculations
  • 3 or 12 Months Bank Statement Deposits as income
  • No P&L required (for 12 months bank statements)
  • No Tax Returns Required
  • Primary Residence, Second Home, Investor Occupancy
  • Refinance: rate/term or cash-out
  • More Information on Bank Statement Loans

Investor Cash Flow (DSCR) Loan

  • For investors looking to qualify solely off subject property rental income
  • Close in an entity such as LLC or partnership (does not report on individual credit report)
  • First Time Investors Allowed
  • Refinance: rate/term or cash-out
  • More Information on DSCR Loans

Asset Based Loan

  • For borrowers with enough assets to cover the loans balance, but cannot qualify with traditional income calculations
  • No Employment or Income Required
  • As Little as 25% Down
  • Two Months Bank Statements to verify funds
  • Owner Occupied & Second Home
  • Loan Amount up to total assets (if you can pay in cash you can get a loan)
  • Refinance: rate/term or cash-out
  • More Information on Asset Based Loans

Non-Warrantable Condo Loan

Foreign National Loan

Unique Property Loan

  • For borrowers looking to purchase or refinance properties that do not fit traditional mortgage guidelines
  • Condotel: No minimum square footage
  • Condotel: Full-sized kitchen not required
  • Multiple homes on one parcel
  • Luxury properties up to $10,000,000+
  • Single Family with multiple ADUs (Ohana units)
  • Large Acreage (25 acres)
  • Refinance: rate/term or cash-out
  • More Information on Unique Property Loans

Service Industry Loan

  • For borrowers that receive tip income that may not reflect on their tax returns and cannot qualify under traditional income calculations
  • Written Verification of Employment to verify base and tip income
  • No Paystubs or Tax Returns Required
  • Refinance: rate/term or cash-out
  • More Information on Service Industry Loans

1099 Income Loan

  • For 1099 paid borrowers who cannot qualify with traditional income calculations
  • 1099 income minus expenses
  • Simple P&L to verify business expenses
  • No Tax Returns Required
  • Refinance: rate/term or cash-out
  • More Information on 1099 Income Loans

No Income Loan

  • For borrowers with inadequate income documentation
  • No Income Documentation Required
  • As little as 25% Down
  • Primary Residence Only
  • Refinance: rate/term or cash-out
  • More Information on No Income Loans

Bridge Loan

  • For borrowers looking to purchase a new property before completing the sale of a current property that the downpayment will come from
  • 12 Month Interest Only
  • No Income (Investment Property Only)
  • Loans up to $5,000,000+
  • More Information on Bridge Loans

Individual Taxpayer ID (ITIN) Loan

  • For Resident and non-residents issued an ITIN# in lieu of a social security#
  • As Little as 20% Down
  • Credit Score as Low as 650
  • Can use on Bank Statement or Investor Cashflow as income
  • Can combine with other alternative income loans (bank statement, 1099, Service indsutry etc.)
  • Refinance: rate/term or cash-out
  • More Information on ITIN Loans

Private Money Loan

  • For borrowers needing a quick close based on equity and property only
  • Quick closings in as little as 5 days
  • 30% or more down for purchases
  • Cross collateralize other properties
  • Loan amounts $10,000,000 and higher
  • Refinance a property listed for sale
  • Refinance: rate/term or cash-out
  • Click Here for More Information on Private Money Loans

Reverse Mortgage (HECM)

  • For borrowers over 62 year old or older looking to tap into their equity with no payment
  • No monthly payment
  • You still own your home
  • Use equity cash for any purpose
  • Purchase a property with a HECM reverse mortgage
  • Children have the option to keep / sell / or let go of the home when you pass
  • Primary residence only
  • Refinance: rate/term or cash-out
  • More Information on Reverse Mortgages

Commercial Loan

  • For borrowers looking to purchase commercial property
  • Apartment building (5+ units)
  • Industrial
  • Office condo or buidling
  • Retail space
  • Land
  • Refinance: rate/term or cash-out
  • More Information on Commercial Loans

Portfolio Loan

  • For borrowers needing 'outside the box' financing
  • $0 Down up to $1,000,000 for owner occupied
  • Unique Properties & Tear Downs
  • Condotels
  • Residences with Farms
  • Refinance: rate/term or cash-out
  • More Information on Portfolio Loans

Land Loan

  • For borrowers looking to purchase land and build a home within 3 years
  • As little as 40% down
  • Residential Zoned: Loans up to $750,000
  • Agricultural Zoned: Loans up to $500,000
  • Property must have power and water
  • Lava zone 3 or higher
  • 1-3 Year term
  • More Information on Land Loans

Construction Loan

  • For borrowers looking to finance construction of a home on existing owned land
  • 100% financing if you own the land outright
  • 12-18 months to complete
  • construction
  • Cross collateralize other property
  • More Information on Construction Loans