Foreign National and ITIN Loans
Foreign National is defined as an immigrant, Resident Alien, admitted for permanent residence. This community can remain in the United States indefinitely and work if they comply with regulations relating to their visa. Currently, there are 44 million immigrants who live in the U.S today, with an estimated 1 million foreigners migrating to the U.S […]
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Social Media Influencers and Bank Statements Loans
As of October 2021, there were more than 10 million self-employed people in the US. While Americans have pursued entrepreneurship for decades, there is an exciting new entrepreneur that may be underserved. These entrepreneurs are often referred to as “influencers” leveraging partnerships with brands for high-risk reward. They’ve rejected the idea of a corporate job […]
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How Investors benefit from DSCR Loans
We’re in the middle of a rental boom. Fortune.com indicated in December of 2021 that rent prices jumped an average of 11.6% on one-bedroom units this year, and two-bedroom units jumped by 13.6% So naturally, this rise in rental fees suggests investors will grow their portfolios with new rental properties. However, real estate investors have […]
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Entrepreneurship and Non-Qm Loans
For many, entrepreneurship lies at the heart of the American dream. Over the decades, they have dreamed of owning their own business, being their own boss, and enjoying the fruits of their labor. The U.S. Bureau of Labor Statistics reports that 4 million Americans abandoned their corporate desks in the last two years to work […]
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Low Rates Non-QM Loans
In March 2020, the US was crippled with a slowing economy caused by a virus unknown to Americans or the rest of the world at that time. Jerome Powel, Chair of the Federal Reserve, used Quantitative Easing as a tool to inject money into the economy in order to stimulate consumer spending. Injecting money into […]
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How young professionals are becoming homeowners with Non-QM loans.
How young professionals are stepping into homeownership despite having student loans A recent trend shows that young professionals from ages 25 to 35 are delaying homeownership. Why? The most common answer is increasing student loan debt. This debt often excludes young professionals from homeownership due to conventional underwriting guidelines that impose debt-to-income restrictions they cannot […]
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