Every borrower's paperwork looks different. Pick the option that matches how you earn and report income. We'll confirm what you qualify for before anything is ordered.
Best for: established businesses and investors whose tax returns show their real income.
Widest program choice, including SBA 7(a) and 504, and usually the lowest cost.
Best for: self-employed owners whose write-offs make tax returns understate cash flow.
Fewer documents, typically with a somewhat higher cost than full documentation.
Best for: real estate investors buying or refinancing income property.
Investment property only. Not available for SBA loans or owner-occupied business property.
DSCR = the property's net operating income ÷ the annual loan payment. A DSCR of 1.25 means the property earns $1.25 for every $1.00 of mortgage payment. Many programs look for 1.0 to 1.25 or higher, depending on property type and leverage.
A no-doc or DSCR loan qualifies mainly on the property's income rather than your personal tax returns. The property's rent has to cover the payment by a set ratio. You'll still provide ID, a credit check, an appraisal, and proof of funds to close.
Instead of tax returns, we use 12 to 24 months of business or personal bank statements to calculate income. It's built for self-employed borrowers whose returns show lower income after write-offs.
Full documentation usually offers the most options and the lowest cost, because the lender has the most information. Bank statement and no-doc options trade some cost for convenience.
Yes. Tell us your preference in the application, and we'll confirm which options you qualify for before anything is ordered.
About 15 minutes. No Social Security number or bank account numbers. Saves as you go.
