No-DTI, Standout Program
No income documentation, no employment verification, and no debt-to-income calculation.
- Loan amounts up to $3 million
- Minimum 20% down payment
- Primary residences and second homes
Self-Employed & Non-Traditional Loans. Your Tax Returns Aren't the Whole Story.
If you're self-employed, paid on 1099, living on assets, or between income sources, a traditional income analysis can show far less than your real financial strength. We have programs built for that gap, including options that require no income or employment documentation at all.
No Tax Returns*
Up to $3.5M*
Combine Income Types*
Primary, Second & Investment*
*Available on qualifying programs; eligibility, loan amounts, and terms vary by program and borrower profile.
Reviewed by Taylor Cabaniss, Founder & Mortgage Broker, NMLS #910852Updated
Programs
Equity-Based Specialty Financing
No minimum credit score on qualifying programs, with a maximum 55% loan-to-value. Qualification is driven primarily by equity and the property.
- Low credit scores or no credit score may be eligible
- No income or employment documentation and no debt-to-income calculation
- Loan amounts from $250,000 to $1,500,000
- Maximum 55% loan-to-value, roughly 45% down or equivalent equity, with at least $150,000 of equity remaining after closing
- Primary residences and second homes
Bank Statement Programs
- Qualify on 24, 12, or 3 months of personal or business bank statements
- No tax returns required
- Primary residences, second homes, and investment properties
1099 & P&L Programs
- Qualify using 1099 income, including borrowers who recently moved from W-2 to 1099
- Or qualify using a P&L prepared by a licensed professional
- No tax returns required
Asset Depletion
- Documented liquid assets, including IRA balances, are converted into monthly qualifying income
- When documented assets exceed the loan amount, no debt-to-income requirement applies
Written Verification of Employment
- Your employer completes a verification form; no pay stubs, W-2s, or tax returns on qualifying programs
ITIN Program
- Individual Taxpayer Identification Number accepted in place of a Social Security number
- Loan-to-value up to 85% and loan amounts up to $3 million on qualifying programs
Foreign National
- Financing options for international buyers purchasing in South Carolina, on qualifying programs
Recent Credit Event
Select equity-based programs may allow significantly shorter waiting periods after a bankruptcy, foreclosure, or short sale than traditional financing. Eligibility depends on the type and timing of the event, the property, and current lender guidelines. The same maximum 55% loan-to-value applies.
Using real estate or investments as collateral? Cross-collateral and pledged-asset options are available on our jumbo adjustable-rate programs. See Jumbo & Luxury
Combining Income Types
Many programs let you combine W-2 wages, bank statement income, 1099 income, P&L income, asset depletion, and IRA distributions in one file. Tell us everything, the sources you assume don't count are often the ones that make the file work.
Example
How This Can Work
Example
The Contractor Who Writes Everything Off
A Mount Pleasant contractor runs a healthy business, but deductions cut his reported income. A 24-month bank statement program qualifies him on deposits instead.
FAQ
Frequently Asked Questions
On most programs on this page, correct. Bank statement, 1099, P&L, asset depletion, and No-DTI programs qualify you through other documentation. Credit, assets, reserves, and the property are still reviewed.
A program with no income documentation, no employment verification, and no debt-to-income calculation. Loan amounts go up to $3 million with a minimum 20% down payment, on primary residences and second homes.
Our equity-based option has no minimum credit score requirement, with a maximum 55% loan-to-value, roughly 45% down or equivalent equity, and at least $150,000 of equity remaining after closing.
Yes, on most alternative income programs. W-2, bank statement, 1099, P&L, asset depletion, and IRA income can often be combined in one file.
Generally they price above conventional financing. How much depends on the program, your credit, your down payment, and the property. We'll show you where your scenario actually lands.
Let's TalkTell Us How You Actually Earn.
Give us the full picture, the business, the 1099s, the accounts, the equity, and we'll tell you which programs fit.