Guy Troxler
A no-ratio loan lets you qualify without the lender calculating your debt-to-income ratio. Normally, lenders compare your monthly debts to your income to decide if you can afford a loan. A no-ratio loan skips that step, qualifying you on your credit, down payment, and assets instead. These loans help people whose income is strong but hard … Read more
Most DSCR lenders want to see about 3 to 12 months of loan payments saved in the bank, called “reserves.” The exact amount depends on the lender, your credit, and the property. Reserves are simply cash you have set aside to cover the loan if something goes wrong, like a month with no tenant. In my … Read more
Use personal bank statements if most of your income lands in your personal account, and business statements if your money flows through a business account. Both types of bank statement loans let self-employed people qualify without tax returns, the difference is which account the lender looks at, and how they count your income. I help … Read more
Yes, you can use a DSCR loan to buy a multi-family property and it’s one of the best ways to do it. A multi-family property is a building with more than one home in it, like a duplex (two units), a triplex (three), or a fourplex (four). Because these buildings often earn strong rent from several … Read more
For a bank statement loan, most lenders ask for 12 or 24 months of statements. For a regular mortgage, they usually just want your 2 most recent months. The number depends on the type of loan you’re getting and how you earn your money. As someone who works with self-employed borrowers every week, I can … Read more
Most non-QM loans in 2026 ask for a down payment of about 10% to 20%, though some go higher depending on your situation. A non-QM loan is a home loan that doesn’t follow the usual “qualified mortgage” rulebook — it’s made for people like the self-employed or investors, who don’t fit a standard box. Because … Read more
Yes, you can refinance your current mortgage into a bank statement loan. This is a great option for self-employed people whose income has changed since they first got their mortgage, or who now find it hard to qualify the traditional way with tax returns. A bank statement loan lets you refinance using your deposits as … Read more
Yes, you can get a DSCR loan even if the property has no rental history at all. This surprises a lot of new investors, but it’s true. Instead of looking at past rent, the lender uses an expert’s estimate of what the property could rent for. I’ve helped many first-time investors buy their very first rental this … Read more
Yes, you can usually rent out a home that has a HELOC on it, but you need to check your loan agreement first. Most HELOCs are made for a home you live in, called your primary residence. Renting it out changes how you use the home, and some lenders have rules about that. In my years … Read more
A 1099 income loan lets independent contractors and gig workers qualify for a mortgage using their 1099 forms, instead of tax returns or pay stubs. If you drive for a rideshare app, freelance, do contract work, or run a one-person business, you probably get 1099 forms instead of a W-2. Traditional lenders often struggle with that. … Read more
Quick Links
Loan Types
Home Equity Mart
308 East Park Avenue, Suite 214 Tallahassee, Florida 32301
© Copyright HomeEquityMart.com
and beyond Contact | Terms of Use | Privacy Policy | Advertising Disclosures | Editorial Policy