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Financing for Self-Employed Borrowers

  • Business Owners - C or S Corporation
  • Sole Proprietors
  • Partners - LLC or LLP

Most lenders avoid working with self-employed borrowers.  They look at taxable income only.  The files can contain complicated elements, income analysis is subjective, and the risk of hidden contingent liabilities present too great a hurdle for the average loan officer to overcome. 

We welcome self-employed borrowers.  Even during the "no-doc" era, we were able to qualify our self-employed applicants for more competitive rates and terms using fully documented transactions. We continue this tradition to day.

We have multiple strategies to assist the self-employed applicant:

  • Cash Flow Analysis
  • Soft-Cost Add Backs
  • Retained Earnings Utilization
  • Optimal Averaging Scenarios
  • P&L Optimization
  • Trending
  • Aggregated Earnings
  • Expense Mollification
  • Asset Income Derivation
  • Rental Expense/Income Offsets
  • Tax or Interest Rate Adjustments and Projection

We understand that Self-Employment is a wealth strategy.  Most lenders look only at the risk.  We combine the elements of the complete borrower to obtain approval at the most favorable terms.

Self-Employment Income Qualifying Presentation

Packaging

The best strategy in the world is useless if the underwriter can't understand the presentation.  Our expert packaging process documents every aspect of the case using tabs, memoranda, and accountants' explanations. 

 

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