Many mortgage brokers are starting to find they have fewer deals in their pipeline as the market supply shrinks and rates rise.
One great way to attract more borrowers is by offering non-QM mortgages. If you haven’t yet funded a loan for your borrowers using Non-QM loan programs, now is the perfect time to start.
FundLoans offers exception-based loan products that can work for your self employed homebuyers.
Bank Statement Loans
Borrowers can qualify with as little as a 12-month bank statement. This loan is often a good solution for self-employed borrowers, business owners, realtors, consultants, and entrepreneurs.
New and seasoned real estate investors can benefit from the expanded criteria offered by no-income investment loans which allow you to build your real estate portfolio with fewer setbacks.
Asset-based loans allow you to leverage assets you already have, including checking and savings accounts, investment accounts, or money market accounts, to secure a loan.
As competition grows in the mortgage industry, more brokers are starting to examine their options.
Let FundLoans help you grow your pipeline. Call one of our knowledgeable AEs (760) 388-5888 or try our Quick Pricer.