Fannie & Freddie Loans: refi for a unique situation, need advice

[Brian Hager]

Hi all, looking to tap some of that Bigger Pockets community knowledge for a primary home financing. Just a bit about me, I'm a novice developer in the San Diego area with three projects under my belt. Before this, I was a founder of a SaaS company in Asia.

My issue is that I have a primary home that has a large amount of equity ($2M+) in my primary home and I can't kick this feeling that I am "wasting" capital by having it sit here. Now, normally, I would just cash out refi and/or HELOC and be done with it. However, my situation is pretty unique. I am a new developer and don't have a two year track record/tax returns to qualify for a conventional loan. Furthermore, my wife works in Japan and doesn't have a W-2. Although she gets paid onshore, it has to be through our S-Corp because she works for a China-based company. Legally, they can only do international wire transfers to other companies, so we can't get paid to a personal account.

I tried the typical guys for the conventional cash out refi (LoanDepot) and a local credit union. No dice. I mentioned the Verification of Employment (VOE) program by Fannie Mae/Freddie Mac which allows those who don't have a W-2 go through the paperwork of getting a conventional loan. I'm not sure if they just didn't want to do the extra paperwork, or if it really is impossible.

Not interested in private lenders because the interest rate is much worse than my current rate (3.75). Does anyone know of a mortgage lender/refi provider that offers these VOE conventional loans? Thanks in advance.