At Reddish Bull Finance, frequently loan requests come in from purchasers who cannot produce paystubs, W2s, or, that may not be employed at all.  Folks that qualify for our special financing programs are most often very surprised to learn that we can help them.

Our Alternative Income Loan allows special provisions for people who do not have but strong assets, are professions with good employment prospects, or who can present other strong compensating factors that can be taken in consideration for a mortgage loan.  Following are some features of our Alternative Income Loan:

1)   For properties intended to be owner-occupied loans amounts start at $100,000 up to $417,000.  In some special cases loans can be allow up to $600,000.

2)   Corporate finance statements, bank statements, and other instruments can be used to prove the ability to repay the loan.

3)   A minimum 20% down payment is required with up to 80% LTV financing available.

This program also works well for self-employed borrowers.