Welcome to the Non-QM corner with Danny Flucke, National Non-QM Sales Manager at Kind Lending, LLC. Today we are going to share a real-life example of how Kind Lending recently provided financing options to a self-employed borrower. It is important to remember that self-employed individuals find themselves in a challenging environment when obtaining financing to purchase a home. Traditional lenders often rely on W-2 income statements make it difficult for those who work for themselves to prove their ability to repay a loan. However, Kind Lending has multiple options with our Non-QM programs.
*Scenarios and case studies are unique to each individual's need for a mortgage loan. Non-QM program restrictions and eligibility apply.
Scenario:
A Self-Employed Home Buyer, often referred to as "SEHB," doesn’t have or cannot use their bank statements to qualify for mortgage approval.
Solutions Delivered:
Did you know that Kind Lending, LLC accepts P&L (Profit and Loss) Statements as income for eligibility? We have three options to choose from:
*P&L = Profit and Loss Statement, YTD = Year-to-date
Enjoy the below case studies. If you have questions, please contact Danny Flucke today for a no obligation conversation about our Non-QM products and programs.
