A good DSCR ratio in 2026 is 1.25 or higher. That number means a rental property earns 25% more than its loan payment, which unlocks the best loan terms. A ratio of 1.0 is the usual minimum, it means the property just breaks even. As someone who helps real estate investors qualify for these loans, … Read more
Yes, retirees on a fixed income can qualify for a mortgage using non-QM loans, which offer flexible ways to prove you can afford the payment. Traditional loans often struggle with retirement income, but non-QM loans were built for exactly this situation. They can count your savings, investments, and other income sources that regular loans overlook. I … Read more
Yes, you can often buy a home with a non-QM loan much sooner after a foreclosure than with a traditional loan. While regular loans usually make you wait several years, some non-QM loans allow you to buy again in as little as one day after a foreclosure — though most lenders want to see 12 to … Read more
An asset depletion loan lets you qualify for a mortgage using your savings and investments instead of a regular paycheck. It’s perfect for people who have a lot of money saved but little or no monthly income — like retirees. The lender turns your assets into a monthly “income” figure on paper, then uses that to … Read more
When you sell a house that has a HELOC on it, the HELOC gets paid off at closing from the sale money — before you receive any cash. A HELOC is a loan tied to your home, so it must be cleared when the home changes hands. The good news is that this usually happens automatically … Read more
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
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