I recently closed a cash-out loan for one of my borrowers who couldn’t verify his income traditionally. I didn’t have much experience with non-QM, but Clark walked me through my borrower's options and was available every time I had a question. Once the application came in, Clark and his team walked me through every step, and we closed the loan very quickly. Great overall Experience!

Devi | Hansen Loans

With volatile income from her business, Luz couldn’t provide the income documentation necessary to qualify for a traditional mortgage. Her monthly and annual income volatility was exacerbated by the fact that her business is an “all-cash” business; her taxable income did not necessarily reflect her cash flow and ability to make monthly mortgage payments. With almost four years of reserves after close, a 30% down payment, and a prime credit score of 763, this savvy business owner qualified for a Community Mortgage to buy her new home.

Luz | Small-Business Owner with Irregular Income

Clark and I have been doing business together for over a decade. He has never left me in the dark and relays information quickly whether it's good or bad. He has also done multiple trainings for my LO’s and I, which is essential in an ever-changing market. I closed a loan with Change and Clark not too long ago that required some TLC after transferring from another lender. He and his team understood the timelines we were up against and closed the loan on time. I know any time I have a file to send to Clark I’m in good hands!

Michael | WD Lending

As a real estate professional, Juan can generate tax losses from items such as accelerated depreciation and other tax incentives; thus, his taxable income has been negative in recent periods and/or below his GAAP income. Due to his tax-efficient business, he has not been able to get a traditional bank loan and had taken out a 10% hard money loan to acquire his new house. With a 50% down payment, ability to pay the 10% interest rate on the hard money loan, and history of successful homeownership, Juan and Mondie received a Community Mortgage loan that enabled them to upgrade their home while reducing their overall interest expense.

Juan & Mondi | Looking to Tap Trapped Home Equity

I work with a lot of builders and busy realtors and my relationships with them are extremely important. Whenever I email Clark to go over a borrower’s credit or specific scenario, he is quick to respond and lets me know if we are good to proceed. The Community Mortgage is one of mine and my borrowers' favorite programs and Clark can close them fast! Again, thank you, Clark, for being responsive when I need you to look at pre-quals… even on weekends!

Cres | Pan American Mortgage

Hassan is not paid in U.S. dollars and is employed by a foreign company. Foreign source income is disqualified by other lenders, even for legal U.S. residents. As a Foreign National, Hassan does not file U.S. tax returns, so his income documentation wouldn’t suffice for a traditional mortgage lender. Hassan’s 770 prime credit score, 48% LTV on the new home purchase, and proven history of paying his mortgage as agreed meant we could qualify Hassan with a Community Mortgage, while eliminating the hassle and closing delays he experienced with his previous lender.

Hassan | Foreign National Borrower

I recently closed a cash-out loan for one of my borrowers who couldn’t verify his income traditionally. I didn’t have much experience with non-QM, but Clark walked me through my borrower's options and was available every time I had a question. Once the application came in, Clark and his team walked me through every step, and we closed the loan very quickly. Great overall Experience!

Devi | Hansen Loans

Because Cierra recently went back to work after a six-month hiatus, she wasn’t able to show the two consecutive years of employment history required to qualify for a traditional mortgage, according to the Ability to Repay (ATR) rules under Dodd Frank. With Cierra’s 58 months of reserves after closing, a 30% down payment for the new home, her prime credit score of 762, and her new job, we were able to provide Cierra with a Community Mortgage loan for her and her daughter’s new home.

Cierra | Recent Inheritance & Gap Employment History

Clark and I have been doing business together for over a decade. He has never left me in the dark and relays information quickly whether it's good or bad. He has also done multiple trainings for my LO’s and I, which is essential in an ever-changing market. I closed a loan with Change and Clark not too long ago that required some TLC after transferring from another lender. He and his team understood the timelines we were up against and closed the loan on time. I know any time I have a file to send to Clark I’m in good hands!

Michael | WD Lending