Alternative Home Loans

Our Alternative Home Loan programs are the perfect solution for self-employed borrowers who need assistance with showing income from their business. Self-employed borrowers usually represent an underserved market in the mortgage industry. Our alternative home loan programs are a good option for credit-worthy self-employed borrowers who would not qualify in the traditional way.

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15
%

Down payment

6.625
%

Interest rate

660
Min

Credit score

21
days

To close

Bank Statement, 1099, and Profit & Loss Loans

Bank Statement Loan Purchase and Refinance

Keep getting denied for a home loan with the bank? Here at Loan Guys, we offer alternative programs for home buyers that do not report enough income on their tax returns. The first program is a bank statement loan. To qualify you for this type of loan, we look at average deposits from 12-or 24-months of personal or business bank statements. We offer as high as 85% financing with only 15% down payment. 

1099 Loan Purchase and Refinance

Struggling to purchase a home due to not qualifying traditionally? We can help you with that. At Loan Guys, we have another alternative loan option where we do not look at your tax returns to qualify you. This type of loan is a 1099 loan. For this program, you will be approved based on 1-year or 2-year of 1099 statements. We offer up to 85% financing with only 15% down payment.

Profit & Loss Loan Purchase and Refinance

Self-employed individuals have a more difficult time qualifying for a traditional mortgage. Here at Loan Guys, we offer our Profit & Loss loans to help them. Borrowers can qualify for a loan based on the strength of their business’s Profit & Loss statement. You can speak to a Licensed CPA, Enrolled Tax Agent, or a Licensed Tax Preparer to arrange this type of statement for you. We offer up to 85% financing with only 15% down payment.

Program highlights:

Up to 85% loan-to-value

15% down payment

Rates as low as 6.99%

30-year fixed rate fully amortized loan

DTI less than 55%

Purchase, refinance, or cash-out options available

Loan amounts from 75k-3mm

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We enjoy working

Why people choose us

No Experience required

You don’t need to be a professional investor to qualify for our loans. We don’t require Tax Returns and we accept credit scores as low as 660.

Fast 15-day closing times

Get underwriter approval in 48 hours and your deal funded in 14-21 days.

Interest rates for long-term rentals starting as low as 7.49%

Fixed Rates mean you’ll have more predictability when it comes to your profit.

80% LTV on Fix & Flips

We offer some of the highest loan to values in the industry. We’ll even fund 100% of your rehab costs!

Recently Funded Deals

Closings within 14-21 business days. Don't waste another day. Call a loan guy now!

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Funded
15 Kensington Ave., Trenton, NJ 08618
Trenton, NJ 08618
Purchase Price:
$290,000
Loan Funded:
$217,500
Time to Close:
21 Days
Funded
11500 Canyonlands Rd., Albuquerque, NM 87123
Albuquerque, NM 87123
Purchase Price:
$305,000
Loan Funded:
$228,000
Time to Close:
19 Days
Funded
14861 SW 160th St., Miami, FL 33187
Miami, FL 22187
Purchase Price:
$590,000
Loan Funded:
$442,500
Time to Close:
15 Days
Funded
14851 SW 160th St., Miami FL 33187
Miami, Florida 33187
Purchase Price:
$825,000
Loan Funded:
$618,000
Time to Close:
18 Days
Funded
23789 Main St., Fairhope, AL 36532
Fairhope, AL 36532
Purchase Price:
$1,400,000
Loan Funded:
$910,000
Time to Close:
16 Days
Funded
13041 Tapawingo Pl, Saint Louis, MO 63127
Saint Louis, MO 63127
Purchase Price:
$1,425,000
Loan Funded:
$1,068,750
Time to Close:
12 Days
Funded
3777 Julia Loop, Eugene, OR 97404
Eugene, OR 97404
Purchase Price:
$560,000
Loan Funded:
$420,000
Time to Close:
10 Days
Funded
15820 Darlington Ct, Edmund, OK 73013
Edmund, OK 73013
Purchase Price:
$370,000
Loan Funded:
$277,500
Time to Close:
7 Days
Funded
635 Fountainhead Dr, Naples, FL 34103
Naples, FL 34103
Purchase Price:
$2,560,000
Loan Funded:
$2,048,000
Time to Close:
14 Days
Funded
141 Jeremy Point Pl, Mooresville, NC 28117
Mooresville, NC 28117
Purchase Price:
$2,000,000
Loan Funded:
$1,500,000
Time to Close:
8 Days
Funded
859 N West Knoll Dr, West Hollywood, CA 90069
West Hollywood, CA 90069
Purchase Price:
$1,800,000
Loan Funded:
$1,260,000
Time to Close:
14 Days
Funded
365 96th Street, Stone Harbor, NJ 08247
Stone Harbor, NJ 08247
Purchase Price:
$3,720,000
Loan Funded:
$1,863,000
Time to Close:
14 Days
Funded
3905 Scenic Drive, Muskegon, MI 49445
Muskegon, MI 49445
Purchase Price:
$930,000
Loan Funded:
$666,174
Time to Close:
10 Days
Funded
808 Gathering Ct, Brentwood, CA 94513
Brentwood, CA 94513
Purchase Price:
$775,000
Loan Funded:
$581,250
Time to Close:
12 Days
Funded
13621 Starwreath Dr, Pearland, TX 77584
Pearland, TX 77584
Purchase Price:
$580,000
Loan Funded:
$464,000
Time to Close:
13 days
Funded
2551 Sullivant Ave, #3, Columbus, OH 43204
Columbus, OH 43204
Purchase Price:
$201,277
Loan Funded:
$160,000
Time to Close:
14 days
Funded
2340 Peppertree Ln, Riverside, CA 92506
Riverside, CA 92506
Purchase Price:
$815,000
Loan Funded:
$611,250
Time to Close:
14 days
Funded
1256 Holly Cove Dr. Jupiter, FL 33458
Jupiter, FL 33458
Purchase Price:
$1,550,000
Loan Funded:
$1,087,500
Time to Close:
10 days