What is a No Ratio Loan? Ultimate No Ratio Mortgage Guide

no ratio loan

In the world of mortgage financing, a “no ratio loan” emerges as a unique and flexible solution, especially for those with non-traditional income streams. This type of loan sidesteps the conventional debt-to-income ratio assessment, opening doors for a diverse range of borrowers. In this guide, we’ll delve into the intricacies of no ratio loans, unraveling […]

Bank Statement Programs: 7 Methods Lenders Use To Calculate Income

Calculator used for bank statement loan calculation

Navigating bank statement loan calculation is key for many without traditional income proof like W-2s. Our guide explains how lenders assess your mortgage eligibility. This doesn’t mean they don’t have income. Clearly, they do. The lender just verifies it under a bank statement program, rather than via the more typical income verification process. Instead of […]

How To Get A Mortgage On New Construction Condos In Miami

Luxury oceanfront condo in Miami, ideal for new construction condo mortgages.

Securing Miami New Construction Condo Mortgages can be a complex endeavor. Miami’s booming market makes it a prime location for new condominiums, yet traditional lenders often hesitate to finance these properties, labeling them as non-warrantable. This categorization by Fannie Mae and Freddie Mac stems from mortgage regulations by the U.S. Department of Housing and Urban […]

How Can I Use Cryptocurrency To Qualify For A Loan?

cryptocurrency loan

Just a few years ago, cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin were niche interests. But today they are definitely moving into the mainstream. A recent survey from HSB and Zogby Analytics found that more than a third of small-and medium-sized businesses now accept cryptocurrency as payment – right along with Visa, MasterCard, and American […]