Alternative Documentation Mortgage Options

Some specialty mortgage programs allow qualified borrowers to use approved alternatives to traditional employment and income documentation. Depending on the transaction and program, a lender may consider eligible assets, bank statements, 1099 income, property cash flow, or other documentation.

These are not no-qualification loans. Credit, assets, reserves, property type, occupancy, down payment, and other underwriting requirements may apply.

Availability, documentation requirements, rates, terms, and costs vary by lender and program. Our team can review your situation and help determine whether an alternative documentation option may be available.