Posts Tagged ‘non-qm loans colorado’
Self-Employed for Less Than Two Years? Colorado Mortgage Options
If you are looking for a Self-Employed Mortgage Colorado solution but have been in business for less than two years, you are not alone. Many new business owners in Centennial, Lone Tree, Parker, Aurora, Denver, Highlands Ranch, Castle Rock, and across Colorado assume they cannot qualify for a home loan yet. That is not always…
Read MoreUnderstanding Non-QM Mortgage Rates and Pricing in Colorado
Non-QM mortgage rates in Colorado are one of the most common questions I hear from home buyers and homeowners in Centennial, Lone Tree, Parker, and across the Denver metro area. Borrowers often ask why Non-QM rates are higher than conventional or government loans, especially when they have solid credit and strong income. The short answer…
Read MoreNon-QM Loans vs. Subprime: The Ability-to-Repay (ATR) Rule Explained
If you are a self-employed business owner or a real estate investor in the Denver metro area, you may have found your perfect mortgage solution in the world of Non-QM loans. They offer the flexibility you need to qualify without W-2s or conventional income documents. However, the term “Non-QM” sometimes raises a red flag for…
Read MoreThe Asset Depletion Formula: Calculating Your Qualifying Income for a Mortgage
The asset depletion formula is used by lenders to convert verified assets into a qualifying monthly income for mortgage approval. This approach is helpful for retirees, early retirees, and borrowers with strong assets but limited traditional income. What many buyers do not realize is that asset depletion calculations are allowed not only in Non-QM lending,…
Read MoreScaling Past 10 Properties: Advanced Financing Strategies for Seasoned Investors
As a real estate investor in Centennial, Colorado, and the Denver Metro area, you may have reached the maximum of ten conventional mortgages allowed by lenders like Fannie Mae and Freddie Mac. This point is a significant milestone, and it’s where the most successful investors pivot their strategy to continue building wealth. If you’re asking,…
Read MoreWhat Down Payment and Credit Score Are Needed for a DSCR Loan in Colorado?
A common question from real estate investors exploring DSCR loan down payment and credit score requirements is how much money is needed upfront and what credit score lenders typically look for. DSCR loans are designed to be flexible, but there are still standard guidelines investors should understand before getting started. DSCR loans qualify borrowers based…
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