Get financed without a W2 or Tax Returns

Most agents have a love-hate relationship with getting financing.

They know they need it, but why does it feel like pulling teeth to get it?

It’s all thanks to self-employment.

Most traditional lenders use a debt-to-income ratio (or DTI) as part of loan approval. I highly recommend Cody Touchette and his team at Caliber Home Loans to help with this process.

But proof of consistent two-year income can be hard to come by, especially as a newly self-employed agent.

An easy solution to this is to use an asset-based lender.

Rather than look at your income as an individual, asset-based lending looks at the income of the property. All the paperwork you’re used to scavenging for — like W2s or Tax Returns — is no longer a requirement.

Believe it or not, you could technically qualify for a loan in some cases and not even be employed at all!

To help with asset-based lending, we recommend . They can help you close a loan in as few as 5 days.

Struggling to get financing for yourself or clients? There’s always a workaround.

Reply back with what’s holding you back from getting your next loan and our team can point you in the right direction.