Mortgage Options With No Stated Previous Income

[William Simon]

After calling maybe ten credit unions I have realized that my unconventional way of life has made getting a mortgage almost impossible.

I am 20 years old, I have not had a "real" job for more than two years, however, have more than enough money in a bank account from small business payouts ( I own three small businesses). I am looking at a fifty thousand dollar rental home, and I do have enough money to leverage the entire loan but still no one will give me any sort of mortgage due to my lack of income history.

So rather than give up, I am looking for alternative sources of mortgage like loans. I do have someone with 40 million in assets willing to co sign with me if thats relevant, but credit unions haven't cared about that either.

If anyone has any ideas please let me know.