… EVEN WITH UNCONVENTIONAL INCOME

Calculating income to qualify for a mortgage can be challenging since lenders typically rely on reported income — which isn’t always straightforward. Many clients have unconventional ways of being paid, and that income isn’t always reported to the IRS.

For example, some lenders can use 12 to 24 months of bank statements, significant account balances, or a profit and loss statement prepared by a tax professional for self-employed borrowers.

Recently, we learned about another innovative way to show income from Jas Pardiwalla, a representative of the lender NMSI. We’ve just closed two mortgages with them using their TVE Qualifying Program, and it’s proving to be an excellent option for many borrowers.

Please take a moment to watch the short video (by clicking this link) that explains how this program works.

If you have any questions, feel free to call me anytime: (415) 225-7920

Best wishes,

Manny Kagan,
President,
Pacific Bay Financial Corporation
Your professional mortgage broker since 1983

NMLS #205637
DRE #00874630