Alternative Income Loans
Our Alternative Income loans are designed for borrowers who have a hard time income qualifying for standard conventional loans because of the income shown on their tax returns, or lack thereof. These programs are for Wage Earners, Self-Employed Borrowers, and Investors with more than 6 months of experience in property investments.
Lien Position
- First Trust Deed
- HELOC
Loan Amounts
- DSCR / Bank Statement / P&L: Up to $4,000,000
- Home Equity (2nd Position / Cash-Out): Up to $750,000
Funding Location
California
Occupancy
- Owner Occupied
- Non-Owner Occupied / Investment
- Second Home
Loan Programs Offered
- DSCR (Debt Service Coverage Ratio) Loans – Buy or refinance rental properties, no income verification, up to 85% LTV, loan amounts up to $4M, short-term rentals allowed.
- Bank Statement Loans – Qualify with deposits, finance up to 90% LTV, 12–24 month statements, as low as 600 FICO.
- Profit & Loss (P&L) Loans – Qualify with CPA/CTEC/EA-prepared P&L, up to 85% LTV, loan amounts up to $4M.
- Home Equity Loans (2nd Position / Cash-Out) – Up to $750K, finance up to 90% LTV, available for all occupancy types.
Loan to Value
Up to 90% depending on program, credit, and property type
Interest Rates
Starting at 4.25% (HELOCs starting at 4.25%)
Loan Terms
3/1, 5/1, 7/1 ARMs (Interest-Only option available), 15 or 30 year fixed rate
Prepayment Penalty
None to 3 years; varies by loan program
Property Types Funded
- Single-Family
- Multi-family
- Mixed-Use
- Townhomes
- Condos (Non-warrantable OK)
- Rural Properties
- Condotels
Credit Requirements
Minimum FICO 600+ (program dependent)
Appraisal Requirement
Full Appraisal Required
Origination Fee
Based on property location, borrower credit, loan amount, and loan term
Closing Costs
Standard third-party costs including credit report, appraisal, title, and escrow fees
Get started today with your free, no-obligation loan consultation.
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