Program Niches

• 1 or 2 year tax returns for qualifying.

• Newly self-employed considered.

• DTI to 55% in some cases OK

• Traditional full doc that doesn’t meet conforming guidelines due to FICO, DTI, credit event or property type.

• Declining income will be considered with an LOE.

• Change in business structure (i.e.: schedule C to 1120).

• Switch from W2 to consulting/1099: we will consider less than 2 years.

• Note income with less than 12 months receipt verified.

• Income from capital gains with supporting documentation to show it will be ongoing.

• RSU and stock option income; we can use prior 12 month vested amount as income with vesting schedule to support the income is ongoing.

• Self-employed tax return add backs: One-time expenses, start-up costs for new businesses and NOL carryforwards.

• Alimony/Child Support: If your client pays, we can deduct it from income rather than count as a liability. If your client receives even if less than 12 months, we may count as income.

• Foreign income can be used to qualify (refer to foreign national guidelines even if the borrower is a US Citizen).