--- title: $3 Million Alt-Doc Refinance on a 2nd Home description: This was a $3 million dollar refinance for a self-employed borrower. We qualified them with a CPA letter to get them a $3 million loan on their 2nd home. image: https://blog.fundloans.com/hubfs/7-18-2023%20(1).jpg --- [![FundLoans](https://blog.fundloans.com/hs-fs/hubfs/raw_assets/public/FundLoans_September2021/images/main_logo.png?width=678&height=406&name=main_logo.png "FundLoans")](https://www.fundloans.com) - [Quick Pricer](https://quickpricer.fundloans.com/) - [Guidelines + Matrices](http://www.fundloans.com/guidelines) - [Loan Products](http://www.fundloans.com/loan-products) - [Overview](http://www.fundloans.com/loan-products) - [Standalone 2nd](http://www.fundloans.com/standalone-2nd) - [Bank Statement Program](http://www.fundloans.com/bank-statement-program) - [DSCR and No Ratio](http://www.fundloans.com/dscr-and-no-ratio) - [Non-QM Full Doc](http://www.fundloans.com/non-qm-full-doc) - Client Tools - [Rates](http://www.fundloans.com/daily-rate-sheets) - [Client Portal](https://www.fundloans.com/en-us/broker-logins-temp) - [Client Administration](http://www.fundloans.com/broker-approval) - [Webinars](http://www.fundloans.com/webinars) - [DSCR Calculator](http://www.fundloans.com/dscr-calculator) - [Blended Rate Calculator (2nd Liens)](http://www.fundloans.com/blended-rate-calculator) - [Forms and Checklists](http://www.fundloans.com/forms) - [Turn Times](http://www.fundloans.com/turntimes) - [Appraisals](http://www.fundloans.com/appraisal) - [Flyers](http://www.fundloans.com/white-label-flyers) - [Blog](https://blog.fundloans.com/blog) - [Private Money Loans](https://www.fidelispf.com/) - [Company](http://www.fundloans.com/our-team) - [Our Story](http://www.fundloans.com/ourstory) - [Our Team](http://www.fundloans.com/our-team) - [Careers](http://www.fundloans.com/careers) - [State Licensing](http://www.fundloans.com/state-licensing) - [Podcast](http://www.fundloans.com/podcast) - [Contact Us](http://www.fundloans.com/contact-us) July 25, 2023 ## $3 Million Alt-Doc Refinance on a 2nd Home ### Written by [Jon Maddux](https://blog.fundloans.com/blog/author/jon-maddux) - - - - [Blog](https://blog.fundloans.com/blog) - / - $3 Million Alt-Doc Refinance on a 2nd Home ![$3 Million Alt-Doc Refinance on a 2nd Home](https://blog.fundloans.com/hubfs/7-18-2023%20(1).jpg) The key factor with this loan was that the self-employed borrower was able to do a rate & term refinance in this high-rate market. We used a CPA letter with a 10% expense on the borrower’s interior design business to qualify them for a $3 million loan on their vacation home on the Florida Gulf Coast. Loan Details: Loan Program: [Apex Prime - Alt-Doc Program](https://www.fundloans.com/bank-statement-program) Loan Amount: $3,000,0000 Transaction Type: R/T Refinance Property Type: SFR Occupancy: 2nd home Loan Term: 30-year fixed - - - ### About the author ### Jon Maddux [More articles form this author](https://blog.fundloans.com/blog/author/jon-maddux) [Previous Post](https://blog.fundloans.com/blog/recently-funded-519000-dscr-no-ratio-loan) [Next Post](https://blog.fundloans.com/blog/recently-funded-5590000-24-month-business-bank-statement-loan) - Broker Tools - [Broker Portal](https://www.fundloans.com/en-us/broker-logins-temp) - [Broker Approval](http://www.fundloans.com/broker-approval) - [Daily Rate Sheets](http://www.fundloans.com/daily-rate-sheets) - [White Label Flyers](http://www.fundloans.com/white-label-flyers) - [Quick Pricer](http://www.fundloans.com/quick-pricer2) - [Submit Scenario](http://www.fundloans.com/scenario) - [Turn Times](http://www.fundloans.com/turntimes) - [Webinar Calendar](http://www.fundloans.com/webinars) - Company - [Podcast](http://www.fundloans.com/podcast) - [Our Story](http://www.fundloans.com/ourstory) - [Blog](https://blog.fundloans.com/blog) - [Our Team](http://www.fundloans.com/our-team) - [Careers](http://www.fundloans.com/careers) - [State Licensing](http://www.fundloans.com/state-licensing) - [Contact Us](http://www.fundloans.com/contact-us) FundLoans Capital NMLS ID: [1202262](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1202262) 12481 High Bluff Dr., Ste. 150 San Diego, CA 92130 [info@fundloans.com](mailto:info@fundloans.com) Main Line: [(877) 671-9842](tel:8776719842) Sales: [(760) 388-5888](tel:7603885888) Loss Payee Information FundLoans Capital ISAOA/ATIMA 12481 High Bluff Drive Suite #150 San Diego, CA 92130 ![Picture of Equal Housing Lender](https://blog.fundloans.com/hs-fs/hubfs/raw_assets/public/FundLoans_September2021/images/footer_logo.png?width=91&name=footer_logo.png "Picture of Equal Housing Lender") For industry professionals only.  This communication is not intended to be distributed to consumers or to the general public and is not an advertisement extended to the consumer as defined by Section 1026.2 of Regulation Z.  All rates, terms, and programs are subject to change without notice.  Other restrictions apply. This is not a commitment to lend. **Texas mortgage company notice:**  Consumers wishing to file a complaint against a mortgage company or a licensed residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at [**www.sml.texas.gov**](http://www.sml.texas.gov/). A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed mortgage company residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at [**www.sml.texas.gov**](http://www.sml.texas.gov/). Residential Wholesale Lender for Mortgage Brokers licensed in the following States: Arizona · California · Colorado · Connecticut · Florida · Georgia · Idaho · Illinois · Maryland · Montana · Nevada · New Jersey · New Mexico · North Carolina · Oregon · South Carolina · Tennessee · Texas · Utah · Washington ​· Wyoming - [Privacy Policy](http://www.fundloans.com/policy) - [Licensing and Disclosures](http://www.fundloans.com/state-licensing) - [Cookie Policy](http://www.fundloans.com/cookies) © Copyright 2026 FundLoans Capital ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Jon Maddux", "url" : "https://blog.fundloans.com/blog/author/jon-maddux" }, "dateModified" : "2023-07-25T17:02:00.434Z", "datePublished" : "2023-07-25T17:02:00.000Z", "headline" : "$3 Million Alt-Doc Refinance on a 2nd Home", "image" : [ "https://blog.fundloans.com/hubfs/7-18-2023%20(1).jpg" ], "mainEntityOfPage" : { "@id" : "https://blog.fundloans.com/blog/3-million-alt-doc-refinance-on-a-2nd-home", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.fundloans.com/hubfs/fundloans%20hubspot.png" }, "name" : "FundLoans" } } ```